Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPA] SpainCoin: freedom for Spain -MERCHANTS, CRYPTSY! -- UPDATE WALLETS!!
by
murraypaul
on 11/04/2014, 10:17:14 UTC
We won't be giving away 5k or 10k SPA per person, more like 1k, 2k. But it will depend on the value at the time of the airdrop. And less in later stages.

That isn't what your plan says:
Quote
Premined coins distribution:

It will be done in 5 stages, starting on April 16:
Stage   Coins/person   Coins:   People:
1   100   5M   50k
2   50   2.5M   50k
3   25   2.5M   100k
4   10   8M   800k
5   1   7M   7M
Total: 25M coins for max 8M people. We assume not every Spaniard will claim their coins. Each stage will last 2 moths, any coins remaining will be either rolled over to the following stage or destroyed. We will watch the coin supply and try not to flood the market giving away coins (we'll probably place daily quotas in the first few days of giving out coins, so that at least no more coins are being given away than being mined).