So BTCT was a proof of stake coin and the only thing you could do right now is amassing BTCT to set up MN for early-adopters ROI with nothing else? Also, the amount of BTCT premine is a bit too much for me. Hope they have a good round map to address what they will do with premine (dev fund, community giveaway, bounty,...)
Max Coin Supply (PoS Phase): 21,000,000 BTCT
Premine: 5,000,000 BTCT
The premine was done to accomidate the initial swap of MRO token and also 12 other tokens that we mention in the first few pages of this BTT announcement. You can see all the swapped communities at the bottom of our homepage:
https://www.bitcointoken.pw. we have over 300k community members.
We did a small airdrop also, this seems like a fair way to start the distribution, the team does not hold any funds otherwise, I believe there are 20-40k BTCT in a community fund but we will move forward via donations from the community for further exchanges and development.
