Sorry, I didn't have time to read the whole thread. Why are 9 million ABJ mined in block #1 and why are 4.86 million of them still in wallet AasNs8GH2Gqm28CFnJCt7mLuPKrHrdWU8A?
http://abjcoin.io/address/AasNs8GH2Gqm28CFnJCt7mLuPKrHrdWU8ADid everyone buy their ABJ from AasNs8GH2Gqm28CFnJCt7mLuPKrHrdWU8A who had a 100% premine??
30% ABj was premined and used for ICO(9,000,000). Out of it, some Abj are kept for other future purpose as stated in the white paper. Total Abjcoin supply is 30,000,000.
Like i said earlier this project is very welcome and very important in Nigeria and to Nigerians because Nigerian holds the ace to change and rapid development in Africa and BLOCKCHAIN technology especially CRYPTOCURRENCY is offering this generation of Africans leverage to fast track progress, prosperity, political credibility and stability, and most importantly infrastructural development. Which inturn will improve the per capita income of Africans and Nigerians.
With the above in mind every project coming out of Africa especially Nigeria must be TRANSPARENT, CREDIBLE, OF GOOD REPUTE and PROFITABLE must show the world that indeed the African man can be trusted and can create TRUE value. Abjcoin is welcome once again but the developer has to be transparent all the way and carry the community along on every issue.
Developer please tell the community how much was raised during the ICO , did you reach your soft cap ? Why is there 4.86 million abjcoins still sitting in AasNs8GH2Gqm28CFnJCt7mLuPKrHrdWU8A?
Below is an extraction from your WHITE PAPER. What has been achieved and what is yet to be achieved?
Abjcoin's success is the success of all Africans and indeed Nigerians.
All funds raised will go straight into furthering the development and security of AbjCoin
20% of all funds raised will go directly into development and expanding the team behind
AbjCoin. 10% of funds will then go to legals to make sure AbjCoin is compliant in all countries.
20% will go into technology improvements such as upgrading servers, purchasing EV SSL
certificates and much more. Another 10% will go towards marketing AbjCoin to gain awareness
about the platform and gaining more users, 10% will be distributed to one or more private
security specialist firms to make sure AbjCoin is free of any bugs and exploits. And the last 30%
will go into building the first Blockchain Technology Institute in Africa.