Max Wolter: Hello everyone. We just wanted to announce that we changed the structure of the token allocation in the context of some changes with the project. It is therefore my privilege to announce that we will now allocate 10% to the Veltor coin swap (rather than the previous 5%) in appreciation of the efforts the community members have made to contribute.
Max Wolter: The total ever VAL supply will be 18446744073709551615. 80% (subject to change) of that will be created in the genesis block. Of these 80%, 10% will be attributed to the Veltor coin swap, which should be around 1.4757395e+18. This means that each VLT swapped, if everyone swaps, will get 2.6589901e+12 Valor units, or ~2.66T (tera) VAL tokens.
been wanting to invest in stellar lumens, but didnt do it because of this free give aways...why should someone invest when the team is giving it away for free. Doesnt make any sense man.
when does it stop?
It's the cheapest way to increase the user base which increases the value big time.
From now on its time for organic growth. Starting with wild spark! Every week 8000 amp in the competition. The higher the price, the more attractive to compete!
Jed McCaleb, the founder of stellar, is also the founder of ripple. He had an argument and left ripple. He still owns billions of ripple. That's also the two currencies are so closely linked.