I don t understand one thing, now Total Supply 664 394 298 KYF, max supply infinity.
So what does it mean "Half the potential supply of KYF has been pre mined and will be donated over 10 years to charities dedicated to human rights and Earth preservation."
How much is half of infinity
The circulating supply is 664 millions. That is how much is actually for trade
6 billions is close to the max supply and it is never stopping. Check the website. There is a simulation, the math make it tend to 7 Millions but it will not happen before a million year so it is practically infinite.
3 billions total have been already mined and are reserved for donation, they are not trading.
They are not used. Yet.
Actually if you calculate the price of the kyf*total existing KYF we should be in the top 600 crypto.
But most supply is not going to be released until long time
The idea is to share the supply between the investors and the NGO
It is some sort of socialization of the crypto
The more we mine the more are donated.
Kyf is the first crypto that connects finance and humanity
The more investors get rich, the more they donate to the NGO
But it cost nothing to anyone since we are mining the money. Cost is just the electricity.
It will take some time until people realize that KYF is an unique concept
For now, people don't care
But if you buy 100 bitcoins you do a selfish act, If you buy 100 kyf you do 2 things. You both enrich yourself but also enrich people who are working to help the poor and the sick.
It might be a future model for finance if our society decide to share the wealth built by the finance sector.
That explains a lot. I didn't understand it before. Now I like the project even more.
I really like something that has unique and new features, congratulations on the idea.
I watch crex24, the price is rising and the daily volume also.
I bought almost a million coins and hope to buy more when I get some money before the end of this month.