Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MetalCoin MTC - BACKED BY PRECIOUS METALS, V.1.3 LAUNCHED !!!!
by
metalcoin
on 06/07/2014, 04:21:39 UTC
30% premine? too much man. 1 coin a block vs that.. omg!

SIS Siamese Coin has 0 premine and 2 coins a block.

Fair enough, but please consider that this coin has a life of 30 years and will be backed by precious metals and stock in a brick & mortar franchised business. This coin should not only hold a tangible value backed by a reserve, but may also create a huge speculative value do to it's rarity. Under the circumstances one can not offer longevity and growth without having some amount of premine to rely on. We are trying to address this concern by offering the public the help administer the premine balance as well as the bullion reserve.