He isn't completely wrong. You know, they can release the project on this date or later (with delays yes), and they also can have done some things which seem like scam (like sonulrk specified) for their own interest. It's strange they don't want to communicate about these problems, for a project which want to provide price stability, and I'm really worrying about this, and disappointed from the answer we get..
everyone on all channels of minex is curious about the 5.5 million MNX mined. why they won't address it is casing uncertainty
-> The question is not the 5.5 million MNX, they were specified in the whitepaper:
But now, i see another thing: 2 700 000 MNX reserved for ICO.
Or we have 287.44795480 BTC raised, for a MNX price of 0.00230845 BTC per MNX, which make ~124 500 MNX bought. With bonus, we can go to a maximum of 250 000 MNX, which is really far from the 2 700 000 MNX for the ICO.
Is there other things I didn't notice for the attribution of this sum of MNX ? Or where they will go ?
-> And why have they mined coins between July 20-26, before the public release ? I can't find any indication of this.
There was pre-ico subscription where it is clear they have sold 2,000,000 MNX for 1176 BTC. See here (
https://blog.minecoin.org/minecoin-subscription-36f39bd7597d) and here (
https://blog.minecoin.org/the-first-ico-stage-is-successfully-completed-c05105290b82)
It is also said that ICO sale is to determine the MNX price in BTC.
After making a quick calculations of:
Pre-ICO subscription sales + bonuses: 2 000 000 MNX
ICO sales + bonuses: 150 000 MNX
----------------------
Total Distributed: 2 150 000 MNX
----------------------
So, where are remaining 550 000 MNX?Please point out if I missed something.
I want to buy more coins
