Quote from: BTCMS on August 18, 2014, 07:58:31 PM

10% coins will be evenly distributed to the founding team over 3 years.

So effectively that's a premine of 10% paid over 3 years?

We set aside equal percentage to be distributed to the community in PoA rewards as the founders get over 3 years.

At any point all transactions will be made available per request, and the ultimate goal is to have 100% transparency.

Effectively, Mastercoin Protocol must always be 100% "pre-mine", but it doesn't use traditional PoW protocol, so alluding to a 10% pre-mine isn't really accurate.

And for the record, we are already in talks with Poloniex to be the escrow for any coins not being used by Coin Proz.

Chris