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February 21, 2018, 06:47:22 PM |
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Hi guys,
New to the Crypto scene and was after some information if possible.
Done a fair amount of reading up on crypto but what I'm still struggling with is how it works with ICO's.
So as an example, lets say I created the Denver Coin.
I planned on having 1 billion coins. But I wouldnt want to Instamine as that seems to be a bad idea. How do they PRE mine? Do they just create say 100 millions coins for the ICO first? Raise the money then put the coin on an exchange to make the coin minable? How do you make a coin minable?
I'm sure these are dumb questions but I cant get my head around it.
Cheers in advnace for any help.
D
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