Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ZenX] Zentoshi - Cutting Edge Technology meets Business - Launches Nov. 7
by
ZentoshiOfficial
on 03/11/2019, 16:59:35 UTC
I advised OP to update the thread with links to team members social media profiles provided by him.

https://bitcointalk.org/index.php?topic=5196479.msg52959117#msg52959117

But nothing was done. And one more question. What is the total supply of coins and how big is the premine?

The links for team members are all in the OP (at the bottom) as requested. I believe they are also being added to the website too once some other tasks are completed.

Coin Specs are in the OP and also in the post directly above yours.



I see. OP saved some money and time. He did not changed anything in ANN. He just added all links at the end of the topic as a post. Ok. We have 2 500 000 coins as a premine.... Could I ask what is the total supply? because it is not mentioned in "Economic Specification" And one more question. Are you a developer or a team member? Because you are answering all questions instead of OP.

Hello,

We have 2,500,000 coins being pre-mined. 700,000 of those coins are being distributed to Zentoshi's operating capital which is used to pay our team members and fund our budget. The other 1,800,000 coins are being locked to be unlocked through community governance voting. We have a system being implemented which will enable cold interest on our chain and lock coins for a determined period. This will lock the coins and make them unavailable during that period. We plan to lock these coins in 12 month periods and will carry voting across our community should we find use or need for those coins to be utilized. Otherwise they will be perpetually locked.

At launch we will have a total of 700,000 coins circulating, 50,000 coins being sold as utility for our platforms.

We have an article on our medium that can be found here: https://medium.com/zentoshi/the-zentoshi-budget-e2208693f61e

In which explains this in more detail pertaining to our budget.

Yankee is also a senior level member in our organization with a C-level title as our Chief Marketing Officer. He is not paid to shill, he is here to lead our marketing strategies and give guidance to our team members for marketing activities. His word is as good as mine. Smiley He is actively integrated in our leadership and is a crucial member of our team and we are very happy to have him on board!

Cheers,
Zentoshi Team