Quote from: KenChanYu on April 24, 2014, 10:06:40 AM

Quote from: Viperbass on April 24, 2014, 07:20:29 AM

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.

Viperbass what control do you have over IPO and the distribution?

I think once premine goes then everyone must help iCoin get further not just the team. Hopefully the IPO work out well.

I don't have any control over the IPO or distribution that comes after, everyone in the community knows exactly what I know as mentioned by captainhook earlier in the ANN.
All we know for sure is that the premine didn't look good to people wanting to invest in iCoin and like bigridg7 said in previous posts after the conference that we have to get rid
of the premine if iCoin is to be taken seriously.

Basically further then that the team could see our efforts were in vain because no matter what good was done the premine was always a issue and with no premine you don't need a team because everyone that owns iCoin is the team.