....only 16 million tokens, which is only 2% of 800M. Where will the other tokens go? Why such a scanty percentage for a signature company?
Even if we assume that by the end of the ICO 100,000 owners of wallets will be established, taking into account airdrop and referral invitations, for this will require about 300 million tokens. There will be 500M tokens, of which only 3.2% will go to the signature company.
This seems puzzling.
This such kind of statistic maybe share soon by core team. Nothing to worry about this they are transparent!
We will run the bounty program for many years via variety of styles. Bounty program is to reduce the entry barrier for people to get some coins by doing a bit work. We view it as distribution strategy.
Even if half of the 800M tokens are distributed as an airdrop, then it will take 7.5 years to distribute the remainder to the signature company. Similar programs are available for example from the AELF project, but there it will last for 3 years.
Given such a long time period, in fact you will freeze from 8% to 0% of tokens, which artificially should create a price increase. However, if this is the vision of the project developers, many would like to see a detailed work plan with 800M tokens for bounty (in whitepaper for example). In order to they were not appear in someone's hands and were not appear on the exchange, how will they be controlled? Will they be assembled in one spesial wallet address, will people be able to audit the transactions of tokens intended for bounty?