Post
Topic
Board Altcoin Discussion
Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people?
by
Eadeqa
on 13/06/2014, 20:28:39 UTC
They were then given to forum members deemed most influential or a friend of the developers, 50 people got ALL THE COINS instantly.

A lie. It was open IPO  that lasted two months and everyone was free to join.

Quote
NXT was all mined, approximately 1,000,000,000 tokens, instantly.

Another lie. Nxt wasn't mined at all as it doesn't need mining to secure the network like bitcoin. So there was "zero" premined. It uses PoS to secure the network which doesn't need mining at all.