Why such a large premine?  Seems like a get rich quick scheme by the devs.

If there is NO halving, there are 28800 coins mined a day...so 50 million coins is equivalent of 1736.11 days or 4.753 YEARS of mining for the entire blockchain.


4 (15 second blocks) * 60 * 24 * 5 coins = 28800 daily mined give or take.  50,000,000 / 28800 = 1736.11  1736.11 / 365.25 = 4.753 YEARS worth of entire blockchain mining.


Are these being sold at the Dae cash site?