why the CMC show total supply 4 mill and the ICO supply was 44mill ?
Unsold tokens were burnt after the ICO. Great news for investors.
that\s a good sign ..i must buy some while is down
Coin Market Cap isn't always accurate. On more than one occasion I've seen coin market cap list the wrong numbers and it takes them a really long time before they correct their errors. How can 4 million be the total supply? Unless there is a max supply that has not been listed by Coin Market Cap. The development team was supposed to get 4.8 million. 2.2 million were supposed to be reserved for a fund. Then the rest was for the ICO. That's 7 million coins not counting the ICO coins. I think that there should probably be another category for maximum supply because there's definitely more than what Coin Market Cap has listed. I'm guessing that if you add 4.4 million total supply to the 7 million reserved for the team and fund, it should put us at around 11 million tokens. This is just a guess, but I believe that it's more accurate that what coin market cap has listed.
Nonetheless, I bought a few coins at the start of the ICO and I will be hodling my coins.
No, the total supply should be really only 4,4 million. Check the etherscan and you'll see that devs are holding 11% what's around 488k. But I agree, they should update all the information regarding supply cause it's confusing for a lot of people.