Quote from: yonghongtang on July 12, 2014, 02:09:24 AM

That's your update ? Excuse me , who's your math teacher? Anyone has such a bad math like you couldn't be a programmer, I am sorry , it's not FUD, it's the fact.
I don't think you have the ability to be a programmer.
I really loved the coin.I'm out now.Good luck all.

The ZAP Team (3 of us) will each receive 150 shares worth of ZAP at launch.

Total Shares Issued (approx): 450
Value per Share (approx): 2777.78 Coins

Specifications:

Algorithm: NIST5
Total Coins: 2,500,000
Total PoW Coins: 1,250,000

So where is the free shares and ICO shares ?

Quote from: TheZapDev on July 12, 2014, 01:23:29 AM

Quote from: gerdab on July 12, 2014, 01:16:00 AM

Quote from: TheZapDev on July 11, 2014, 08:53:13 PM

Algorithm: NIST5
Total Coins: 2,500,000
Total PoW Coins: 1,250,000
.
.
Total Shares Issued (approx): 450
Value per Share (approx): 4167 Coins

Total Shares x Value per Share = 1,875,150 coins
Total PoW Coins: 1,250,000

Huh

premine = 150% Huh

!!!

My bad! Forgot to update. OP is up to date.

Quote from: TheZapDev on July 11, 2014, 08:53:13 PM

...
Specifications:
Algorithm: NIST5
Total Coins: 2,500,000
Total PoW Coins: 1,250,000
PoW Blocks: 5000
Coins per block: 250
Block Time: 45 Seconds
Confirmations: 30 Blocks
PoS Interest: 12% Annually
Free Distribution: Send an email to zapcoindev@yandex.com, and leave us your BCT username. We will look for accounts that are over two weeks old to qualify. Free share applications (5 shares per valid BCT username) will be cataloged into a mailing list for launch day. On launch day we will send out a mass email asking for your ZAP wallet address. Just respond with your address and wait for your coins!
*Note* We removed the post for share rule to comply with BCT forum rules.

Signature: ZAP! 2.5MAX + FREE DIST! CHECK US OUT!
ICO:
For those who like to invest, we will have a very modest paid offering available before launch.
25 shares 10 mBTC
50 shares 20 mBTC
75 shares 30 mBTC
100 shares 40 mBTC
150 shares 50 mBTC
We have decided to cap the investment to 150 shares per investor to maintain balance between investor shares and the free distribution. We dont want to have the market cornered by a few individuals. The ZAP Team (3 of us) will each receive 150 shares worth of ZAP at launch.

FYI: We will allow all investors to still participate in the free offering as long as they follow the free distribution model rules!
Make your purchases to the following BTC address: 1PdvjjMN31XuqVa4pSv3UsXNrFJeUbXuJv
Send your tx ID + purchase size to: zapcoindev@yandex.com
You will receive a unique serial number that will be used to validate your purchase at launch. After the launch, send the unique serial number + your ZAP address to the email address above for payment. Receipts are issued within 24 hours of payment.
Track the ICO here: https://blockchain.info/address/1PdvjjMN31XuqVa4pSv3UsXNrFJeUbXuJv
Total Shares Issued (approx): 450
Value per Share (approx): 2777.78 Coins
......

lol.

As more people participate more shares are issued. As more shares are issued, less coins per share are given. This expands the distribution!