Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
by
snipsnoop
on 25/08/2014, 09:21:07 UTC
so just having a think, and i remember how devs own about 17% premine of the current circulation, then brought in with their buy support another 250btc, and  moolah brought in with 120btc, so just the realization that amongst the devs and moolah, they own about 45% of the current supply of syscoin, is pretty scary for me, will we be told if it were to be sold off?

Hmm....could we get the addresses to verify?

Any coins that we (the dev's) have from the initial premine are in cold storage. These addresses will be posted shortly, there will be no sell off of these for a very long time. I will have to dig out the details, but will post them when I have them.
As for the others from the buy support its the exact same.