Whats the difference between premine sold, and this panda ipo?
Hmm i think there is main only "name" difference.
But if you change perspective and compare 3% premine to that we will mine 0,5% daily as like doges 50% supply is out in 60 days.
3% new coin will hit market in 6-7 days after lunch. and after 60 about 50%.
And at the end compare that to quark 98% premined
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
or Ripple 100% Mastercoin 100% or even NXT 100%(but this is 100% POS coin)
That 3% don't make me sad and very angry if people will buying that coin this is their choice.
Devs also have families to feed so that 3% is for me acceptable lvl.
But in other side in this therm Doge is superior with 0% premine (this is Doge fenomen) all could start at begging but not many believed in DOGE that it would succeed mayby same will be here with Panda.