Sorry a little slow here. What about the 32,000 MNE? is that an amount available in the wallet upon activation? Huh
That is the total amount in each genesis address whether activated or not but i am not sure if this total amount shall be available immediately or it shall be a gradually dropping into the wallets.
As far as I understood, the dev stated that each address will self mine approximately 1.84 coins per day. It will take roughly 47 years to dispense all 32,000 coins.
Seriously, if this is true and how long it is that can consume even 47 years.
Im thinking if you are missing a small calculation about that here. There are requirements to make your address become selfmined and the user must pay the activation fees.
The migration to the new genesis address is not yet done and i done wanna speculate a lot about this. Im curious about how the dev can make this project life again.
Just do a little math about that and it needs more than 50 years.
I believe if this will be going back to the activation fees to make it can be reached instantly to open all of the tokens.
I could’ve made a wrong calculation, here’s my math:
1.84 (coins per day) x 365 (days per year) = 671.6 (coins per year)
32,000 (coins) / 671.6 (coins per year) = 47.64740917212627 (years)
Other than that, I believe the dev is trying to avoid a pump and dump scenario. Which would definitely kill the longevity of the project.(IMHO)
I like what I’ve seen so far, and I see great potential for the coin and all involved. Now I wait.