Hi BTCD community,
I've said this before and will say it again. I am very intrigued by this coin and the projects it has going on. I do have a serious question though, and if someone can give me an answer, I would greatly appreciate it.
I read elsewhere that this coin has a 1.5% premine that is for development purposes. Is that true? If so, then why do the devs need to raise more money for development, as seen on the OP? This is somewhat puzzling to me and I wanted to know if there was a good explanation for it. Thanks in advance.
the premine total was around 20,000 BTCD and it has already been spent. I think it brought in a whopping 3 BTC at the time as during the PoW phase, the price of BTCD was very low
Also, I joined the coin about a week after launch and it is my fault for needing dev budget as I am making many new work for GUI guys and I dont do GUI
James