Quote from: Werehpai on Today at 01:25:39 AM

Quote from: tsoy_andrey on December 09, 2021, 11:50:32 PM

The developers of the GalleonCoin coin have made a pre-mine of 1,000,000,000. GALE, most of the coins are concentrated in the same hands mainly on the wallet 16RhwAmcshhVgNduxLFHN3xixaMyDSzCd3
THE DEVELOPERS THEMSELVES WRITE THAT THE MAXIMUM NUMBER OF COINS WILL BE 6,000,000,000 GALE

This has become more common lately. Developers involved in masternode usually clone popular masternode coins such as Dash or PIVX.
Once their goal is complete, that is, once they have sold enough nodes, they simply abandon the project.

Wink

yeez louise DEV didnt hold back at all Shocked

There are significant development costs to the kind of ecosystem we are aiming to build. Naturally we need something to compensate contributors with.

You misread something as the 6 billion supply is for the PoW phase. In PoS phase just over 1,000,000 new coins per year will continue to be minted.

We have also announced that 500,000,000 of the primine is earmarked for burning. We are in this for the long haul and we get that trust is built up slowly over time.