Another scam project.
This is how block distribution works
10% to the Energi Backbone
10% to Miners
40% to Masternodes
40% to the Treasury
masternode (Rich ppl) will get everything, 10% goes to the developers themselfs, and they started in august? they say its 1 million new coins mined every month, there is 11 million coins. so they have pre mined 7 million coins + taking 10% forever from all blocks.
Please do not bite in to this, most of the crap they put up on the site is a lie about how much miners waste on mining bitcoin and should rather mine energi because the tax.
Its a scam project with no actual work behind it, just another ethash coin with a massive pre mine, masternode and bunch of bullcrap on their site. Their network is 31 gh/s meanwhile their market cap is 16 million, thats impossible without a massive Pre mine.
If anything you guys should check out bittube, they have real work behind them, 500 000 usd in servers to run their video site, deal with bank that made a mastercard crypto card which works anywhere in the world at the mini bank.
On top of the scam, they alreayd announced the coin as "1 million new coins every month" Currently its 2.6 coins generated per block and we are on block 300k 300 X 2.6 is not 11 million, they have already decrased block reward, lied to us just to again try to increase value of their pre mine. that should ring a bell for everyone.
https://i.imgur.com/SEwN6kd.pnghttps://i.imgur.com/pdXILG2.pnghttps://i.imgur.com/UW2g02h.png