What will be the benefit of new owners ? How they can have supply that he can use to develop the project is this will came only in masternode?
How about the supply that real owner have did he sell it already ? It can also be a big problem if the first owner still have large supply of this coin.
Hey there thanks for your questions and advice.
There are currently 219760.53169959 generated. Of these only, just over 5000 are outside the platform and will not be frozen on a restart with a new owner.
So all coins that are on the platform will be frozen and only the rewards generated from these can be taken out to be sold. So it is a protected passive income and also gives the project owner peace of mind that he will not be dumped down by large amounts of coins that you normally see in the markets for masternodes or any coins/tokens at times.
There are currently approximately 7000 coins that will become the property of the new owner as his own personal funds. In addition to this there is an operations fund generated in every block which is split 50/50 with the owner and VAULT. This covers all free hosting this project and all its holders/investors can enjoy as well as the maintenance and any upgrades or changes needed to the wallet, specs, etc.
Under the terms of CRYO the premine (currently around 35,000) can only be used for OTC, given for bonuses, competitions, etc but must only be given frozen. So if you were to sell 1000 coins from the Premine in OTC the buyer would be buying these 1000 coins frozen as a safer investment for a longterm passive income.
The VAULT Platform offers the project owner the ability to sell his coins directly from his own account, collect all the BTC and have the full transaction history.
Given the right use case with the right takeover, this offers a longterm future for the project owner.
The previous owner has the coins in his account on the VAULT platform (approx 7000 and growing) and these coins will be passed to anyone that takes over.