700 Million coin premine ...
anyone going to explain this ...
If this is a real question and you are not just trolling this thread then it's right on the announcement page " - 1% premine for bounties, giveaways, development, support and maintenance, new feature developments etc."
And if you have been visiting the giveaway pages and this forum you would see that this is exactly where that coin has been going. We have had our share of scam coins for sure, but the new scam is the newbies offering IPOs without anyone vouching. Stackcoin dev made away with 60 BTC last night. So if you are indeed trying to rip at Mint for the development fund it procured, you are misdirecting your skepticism. There's a few dozen other coins that could use your scrutiny.
Im not trolling, I've bought a handful but hesitate to buy more until I hear from the dev team about the premine.
Not looking for a general response either, but something more detailed like:
- Giveaways - 50 million (3 given, 47 left)
- Bounties - 200 million (5 - website, 195 left for mobile wallet, MINT/Fiat exchange, promo video, media coverage etc..)
- Foundation - 50 million
- MintCoin Lead - 200 million
- Developer - 200 million
I'm asking for
transparency and would prefer to hear from the dev himself...
As an investor I think I deserve that right.
Here is the the block explorer for block #1, you can see it's been moved around already:
http://mintcoin-explorer.info/tx/d4430aaf41d2f0ff7acd4be895617472d3655e272589b8bf1d6fef3de4715005Do you not think in 2-3 weeks when you cannot mine anymore, and the only way to get Mint is to buy it that this issue wont come up??