Valid questions all. I appreciate your post.
Why the new ANN thread?
A former employee of our team was in charge of this social media forum and had control of the original post. Unfortunately, they are no longer with us.
I didn't see anywhere about your distribution, yet you're listed on several exchanges. Did you do an ICO or private sale for some premine or some of the coins mined? Both? How much was raised?
In the past, we worked hand in hand with a distributor in order to sell the coins. However, we have parted ways with this distributor and no longer do business with them.
Is there any public information about what % of the circulating supply the dev team still holds?
https://ilcoinexplorer.com/api/max_supplyhttps://ilcoinexplorer.com/api/total_supplyhttps://ilcoinexplorer.com/api/circulating_supplyThe concept is somewhat unique (there are still a few other storage blockchain projects) and has purpose, but I guess I'm not understanding why there is a coin associated with this project. What is the purpose of
Our ILCoin cryptocurrency will be used in our upcoming Smart Contract Systems and will also be the payment method behind our upcoming Decentralized Cloud Blockchain. We feel our DCB and smart contracts will fulfil a niche that does not yet have a definite solution.