coinsmarkets are troubled and dev sleeping. I did it wrong by investing in Magna coin.
Dev keeps his silence even he signed up everyday. I think he should pay to another exchange.
**Premine is 7% for a total of 2,000,000 MGN which will be allocated and used as below:
100,000 MGN (5% of premine) will be held in a developers fund address to cover future costs
100,000 MGN (5% of premine) will be held in marketing fund address to cover future campaigns
100,000 MGN (5% of premine) was used to create, test and ensure stability with the network.
All of the Developers initial masternodes, along with their earnings will get burned once there are 70 active nodes running.
1,700,000 MGN (85% of premine) is available to be sold to p2p investors.
Any MGN coin which is not sold during the initial p2p sale will get burned.
All earnings collected from the node pre-sale will be contributed towards future exchange listings and marketing ventures.