Wow, so the premined coins are still 39% of the total?
Is there a tally somewhere of how these were spent/are earmarked to benefit the project?
Here is the answer then. Took me 2 mins to search it. And yes its not my thread but i think im part of this community so have the right to write here, as you and as anybody else.
I saw that, it's not a tally, it doesn't say how many coins have been or are to be spent on each thing. Coins that are justifiably premined often have such a thing in their OP. Openness and transparency is a good move if you've premined for good reasons.
I know the developers use the company-coins for freeroles, etc.
They also use them to close deals for coming applications.
They put a huge ammount of effort, time and support in this coin.
Even if they sell all their coins now (with low market volume) it wouldn't even pay for their expenses.
It assures me a bit that they have a lot of coins, if they want to earn back their investment, they have to make this coin big and that's great news for people holding a lot of PXC too
And looking at the latest development, like the merge of 3 coins for future development, shows real professionalism and a long term vision
At this time, I don't think they can disclose what the premine is used for (it would give away too much info about coming applications and deals) but I think they would specify it if you ask it again in about 1 or 2 months
And, if the premine is to "pump & dump" they're pretty lousy at it. They should have done that when PXC was at 0.00035
