For the record, there was no premine. No coins were held in reserve. There was no ICO. This was a fair launch coin and there is no company or foundation in control or that holds coins on behalf of PegNet. This is a decentralized ecosystem.
Do you intend to compete with Bitcoin? but I see PEGNET more than Bitcoin and it looks like Ethereum,
I see pEth, pXLM, pBitcoin etc. what does all this mean? I am curious
Those are "pegged" versions of those cryptocurrencies. Miners subscribe to external market APIs and submit the price data for those crypto to PegNet and, long story short, on PegNet you can then convert into and out of those pegged assets.