DON'T MINE THIS SHIT - DEV HAVE ALREADY 499700 COINS FROM PREMINE, AFTER ONE WEEK IT WILL BE MINED ONLY 300000 COINS , LESS THEN DEV ALREADY HAVE, - PURE SCAM
The premine was explained in the OP. The coins will be used for bounties for merchants. We chose to do this -- which we can accomplish with a premine of less than 2% -- as opposed to the alternative that others use, which is 50% premine plus "air drop".
No air drop. Evidence has shown that they don't work.
We are instead recruiting merchants, which we believe we can do at a far lower expense. Thus we are able to have a 1.9% premine instead of the 50% premine common among other location-based coins.
