You might be interested as to why I said 7M coins while the graph only shows ~3M.
Traincoin will have a 50% premine of which 48% will be used to distribute to the citizens of Cape Town, South Africa!
Maildrop:The coins will be mail dropped 60 days after the launch of this coin (a few days after the block subsidy hits baseline, which makes this an interesting ride!). We will try to reach everyone in the whole of Cape Town via their postbox. 1% of the premine will go towards covering these costs (this includes leaflets and flyers that will be handed out where-ever possible). Another 1% of this premine will go towards bounties and giveaways. (Note: This will have a transparent public ledger. There is in total a 50% premine. We will be getting designers on board to design paper wallets and the leaflets/brochures/video for a big market push. The mail that will be dropped will go through SAPO (South African Post Office). As said, the cost will be covered by the premine. Things included in the letter will be the address with assigned private key. The address will most likely contain just 1 XTN. It will also cover the basis on how to use the client, and how to use the android app (There is a bounty available for this). If you are a designer/artist interested in getting involved, please let us know. You will get a bounty for your effort. More details to follow soon.
You are fucking kidding us right?
Another mail drop scam?
Whats to stop you from delivering 40% and keeping the rest? or 30%? or 20%?
How will we know exactly how much was actually delivered to these people?
This is obviously discounting the retardation of the entire concept of mailing paper wallets with crypto to a large population of non technically savvy people.
I just, I don't even. I've never really been so far even as decided to use even go want to do look more like?
Every coin will be given out to the people of Cape Town. Paper wallets will be handed with the simplest of instructions. We will post pictures of preparation before the mail drop, if that helps. This is not one of noob scams just for a few coins. We will keep things transparent.