please explain this :
Second, the user can upload passwords of the Wi-Fi connections from the "WiFi" tab as shown above. The user is awarded 100 WiC per correct password uploaded in order to grow the network initially
based on that statement,you're giving 100WiC/correct password uploaded,right ?
and then this :
5,000,000 WiC have been reserved for distribution to the users in the early stages of the app to grow the user base. At 100 coins per password, this will be 50,000 passwords.
total : 100x50.000 = 5.000.000 WiC right ? < it's bounty or what ? from what i see you're selling this that mean it's ICOs.
and i only see 2.000.000 WiC for bounty,then from where 5 Millions WiC ?
Hey, let me try to explain:
These are two separate things as you can see under Coin Specifications.
1) The Bounty campaign is for Twitter, Facebook, Signatures etc. and that has 2,000,000 WiC reserved for it.
2) To encourage users to adopt our app, 100 WiC per correct password is an incentive for the early app users. 5,000,000 WiC have been reserved for this, so the first 50,000 passwords uploaded earn this reward as early adopters.