Quote from: litecoin111 on December 02, 2014, 12:25:02 AM

Quote from: ribbitrewards on November 15, 2014, 01:52:06 PM

Quote from: bitass on November 14, 2014, 11:17:09 PM

how many total coins supply is it 200m?

1B at launch 500M per year forever. So since RibbitRewards are part of a Rewards Program we decided to do it this way.

Ok so can you please confirm if it is 200 Million free airdrop, 200 Million paid airdrop and that is it or is it the amount quoted above? All the news articles I read suggest the former?

You bet your Frogs we can confirm.
It is 200 million for both.
200M Free Airdrop + 200M Paid Airdrop = 400 Million reasons to sign up now.

There will be other "mined" RibbitRewards in the future via POT (proof of transaction - buyers, sellers, merchants, *charity) , POW, and there in is the reason why it is not a 1 time distribution of all coins in existence.

Most/All other blockchain assets reward hoarding which drives the value up > whereas RibbitRewards..."rewards" transactions and action.
Via transactions and action RibbitRewards become more attractive.

The goal is for the rest of the world to use the blockchain without forcing them to change anything. They use them because they don't have to do anything different when they buy things, they just know they are getting value for their transaction.
The genesis block will produce 1 Billion.

LeviFrawg.
Hop Forth!

http://i.imgur.com/iXjfMXt.jpg

RibbitMe

Posts

Merits