Nobody ban you. We have products so we need 30% to pay for it. Our Medic EMR, Medic Phone Telemedicine app, and a team of developers, marketers, and philanthropists need money to work. Other ICO keeps 100% of the money. We gave away 70% so that is fair.
This is not just a coin, but a masternode coin with products and people.
Premined of 30% was clearly answered on January 14, the same day as the announcement. Some coins have 100% premined. If you like that coin then buy it, if you don't like that coin then don't buy it. We set aside a portion of the premined coins for our Folding at Home project to reward Medic coin investors/users to help scientists find cures for Alzheimer's, Parkinson's, diabetes, hypertension, etc. We will also set aside a portion for the Medic Walk proof of sweat which we will make an announcement very soon. Remember on the week of the announcement January 14, Medic Coin market cap was zero dollar. So 150 million coins x zero dollar = zero dollar. In fact, you could not buy or sell Medic Coin until January 21.
We love you Medic Coin community. We will continue to support our community and work really hard to serve you.