The dev has not answered are they going to liquidate the coins for btc as soon as trading starts? He has also not proven to me anyone has loaned him 25k. Where is proof of this to justify the 33% premine?
We are not converting the premine into Bitcoin since most of the bounties will be paid with XCloudcoin not Bitcoin. The Seed fund is in cash not in bitcoin.
See the discribution schedule of the premine.
20% Xcloudcoin signup bonus program
30% Promotional Campaign
50% operational costs