Post
Topic
Board Altcoin Discussion
Re: What is your opinion about CPD Token?
by
DutchDemon
on 12/01/2021, 16:10:44 UTC
Quote
Distribution Statistics
Airdropped to Bitcoin Holders  215565.33366200 CPD

Earned through Referral  21173.66040319 CPD

Total Amount to fund Development and Marketing  10381630.50296745 CPD

Total Amount to be Auctioned  10381630.50296736 CPD
The project seems a bit complicated. I have never seen such a distribution in any normal project. 1mil tokens have been distributed to marketing, whereas for holders this was only 215k. Also, there are strange situations where ETH-based tokens are given to BTC holders. If I were you, I would not want to waste time with this kind of project.
That's incorrect understanding. 10m+ token is allocated to fund Development and Marketing. Almost all of it is still sitting on the genesis address - https://etherscan.io/token/0x034c46cfAFdeCc9956e4283C1AE0D913C7D26FeE?a=0x8f4f50f168411b8f97271c201d11b86d5b9d9fff. They are yet to publish the action plan detailing governance, staking and development roadmap, where this fund will be used.

BTC HODLers got coins in 1:1 basis. The claim amount is similar to MWC & HEX.