I would just like to add we had good intentions for the premine but it would of taken time to implement and with all the scam coins that have been released in the past we came to the realization that the best thing for iCoin would be just to get rid of the premine because understandably everyone is too scared to trade and invest when they see this massive premine that could potentially be dumped out
at anytime like other people have mentioned in this ANN.

This is not the way we wanted to do it but we know it's the best way to finally get iCoin moving forward so the community can invest with confidence.