Total Supply today: 70,500,000 LEO (rounded)
Coins mined per year: 10,512,000 LEO
If every coins were staking that would mean 10,575,500 coins per year.
Sure, there will be fewer coins staking (~80-90%) but in two or three years staking will generate more coins than mining because more coins will be staking each year because staking rewards include the coins previously generated by staking.
Also, staking is useless for this coin and it's used solely as a tool trying to desperately get people who don't know any better to invest.
Staking doesn't require anything, it's easy, you just have to own some coins and that's it so of course people like the idea.
But they fail to see that everyone staking will earn coins more or less the same rate so basically everyone will have 15% more coins per year on average.
But if everyone has more, then nobody really has a bigger slice of the cake. Those more coins only worth more if there's demand for it and why would there be?
And seriously, 15% a year in crypto is nothing. Absolutely nothing compared to how quicky crypto changes. Just look at today's price of Leo:
It dropped 20% in a day and you want to lock your money away and hold this for one year? Not that I expect many people who are eager to invest into Leo to do any math but come on.
You're better off buying scratchers.
Actually Don and Atif just explained in a Webinar some minutes ago how important it is to hold LeoCoins, because depending on the number of LeoCoins you own in your Leo's backoffice, you will get some pre-shares for LeoCrowd.
They say that the IPO of Leocrowd may be some of the biggest events in IT history.
So that should create a lot of demand for Leocoins ?
Well, they say and said a lot of stupid crap and you have to be a special kind of idiot to give them money again. Besides it's 2016, IPOs won't be considered big events anymore (not that they were ever considered huge events).
Anyone who want to invest into Leo should ask themselves the question what this coin offers? What makes it better than any other coin?
If you know anything about crypto and not just a shill (there are quite a few in here, probably some are also sockpuppet accounts) the answer will be nothing, it's a hollow coin with 99% bullshit marketing preying on people who don't know any better and that's it. This coin was doomed from the beginning because of the massive (50 million) premine. I mean that chunk of coins owned by one or two persons is practically centralization which goes pretty much against everything that's crypto.
The whole new replacement coin will probably also have a massive premine so they can eventually dump all of that once again.