Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POS] Bitcoin Token $BTCT - De-centralized Currency. Open Source.
by
bitcointokenbtct
on 25/11/2019, 15:34:59 UTC
i saw that there is a premine token around 5M, can you explain what will you do about that token?
because I'm afraid that you will dump it later if the price of bitcoin token is got high

The 5 million premine is for the swap to the 7 token communities mentioned above and also the airdrop campaign. This is a way to kickstart the movement with many holders as well as a large 240k+ community.  

If there is excess from the premine we wll see if another token or coin can swap to distribute it as much as possible.


Quote
By the way, about 88% is the premine from the current supply. We know what will happen to this kind of project.

the premine is actually 5 million as we stated in the initial ANN post and I shared again the rest in this post, we not hiding this. The rest of the 12% is staked BTCT by the community earned and the rest of the 16 million will be staked by the community. So it is a big growth quickly via airdrop and 7 token communities swapping into BTCT chain.

And then 16 million to be staked and earned via Masternodes and wallet staking by all community members.