Quote from: coinproz on September 01, 2014, 09:59:04 AM

Quote from: Burninj on September 01, 2014, 09:27:38 AM

Ok so 70% of coins in the end of dev??? Are you kidding me?

Sorry but i'll pass for this one...

Distribution Model: All 100 million coins will be mined in 1 block

10% coins will be evenly distributed to the founding team over 3 years.
20% ProzCoins will be sold initially on exchanges. All sold ProzCoins will go 100% to Coin Proz Oy. The revenue generated from the sale will go to the further advancement of the site and keep as reserves for our merchants who accept Prozcoin.
10% Will be reallocated for PoA/PoW mining rewards
10% for Proof of Action (PoA)
20 % Discretionary spending to have reserves for exchanges/merchants
30 % Unallocated for future plans Cold Stored with multi-sig founder verification for wallet release

The reserves do not go to us. They will be cold stored. We will use a larger percentage towards PoA when it is necessary. More will be allocated to our mining rewards. We are leaving flexibility for future plans.

"Distribution Model: All 100 million coins will be mined in 1 block"

Literally is the only downfall of your coin.. I would like to say your wasting your time spending all these resources developing

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