Post
Topic
Board Announcements (Altcoins)
Re: [Pre-ANN][IBC] IronBankCoin | 90-day PoW~PoS | Own part of the Known World
by
IronBankCoin
on 29/07/2014, 04:06:49 UTC
I love the emphasis on NO PREMINE!!! but 21% of the coins are for an ICO.  PEOPLE this is a 21% pre-mine.   That's what an ICO is, it is a pre-mine by the dev but instead of waiting to dump the coins at a later time, he gets the money up front!  That's what it is!

would it help your confidence if we streamed the genesis block and showing the wallet pre distribution?

Possibly for others, yes!  For me, anything pre-mine or ICO I stay for away from.  Too much risk for my blood.

Well here at the Bank, we appreciate your feedback. Thank you for telling us your concern.