Post
Topic
Board Announcements (Altcoins)
Re: [ANN][IPO] Numus (Pow+Pos - Scrypt-Jane) - Decentralized Exchange, Cloud Storage
by
Numus
on 03/04/2014, 05:39:07 UTC
do i understand correctly?:
premine is exactly 2.5% and that goes 100% to ipo?
the other 97.5% are available for mining?
Is this the distributionmodel or did i miss something?


edit: also you shouldn't be too concerned about the lotto and legality because if any government comes up and wants to ban it for that reason (i doubt they will) you can just integrate something that blocks the lotto for ip's from those states that don't like the lotto and everybody should be happy again.
Yes, the premine is exactly 2.5% of the 1 Billion NMS that will be minted and that goes fully to the IPO.

The other 97.5% is the remaining amount which can be minted. As the proof-of-work minting decreases due to block halving as a result of the increased network hashrate the proof-of-stake minting will become a bigger factor in determining the supply. The supply will continue to increase up until the 1 Billion NMS hard cap.