It's my favorite algo. The total supply is small. But why PREMINE so many? Are you things investors is fool?
(TOTAL SUPPLY 18 446 440)
(PREMINE) ~6 4563 604)
I think this coin unvaluable in the short term. If a developer wants to fight for a long time, the coin is worthless and the probability of survival is low. Good luck to all of you.
FirstADON is brand new coin, we are honored undertake majority of redwind community of nice people and we are swapping redwind for ADON. As you can see on our ANN 64M coins pre mined,
most (~75%) will be locked for a long period of time, the unloked will be used to maintain infrastructure, and proof of reserve will be provided once ADONPAY is live and swap is complete.
SecondADON premined is 35% of supply for redwind swap users and for development, you can read all the details soon in the whitepaper, most of coins will be used for good purpose, as airdrops, bounties, and
leverage our own product AdonPayThirdThere are a lot of
coins out there with pre mined of more than 70% and people still buy it, I can give you some examples,
Ethereum, agnosis, ripple, steller, and among many ICOs, even BTC have premined coins, so I think 35% pre mined is a fair value for what we're trying to do.
FourWe are trying to combine the interests of all, old redwind users in which there no other way without do a swap, we are aware of the community and potential investors, in addition,
we are trying to reach a new level in the cryptocurrency world .
"Price is what you pay. Value is what you get." Warren Buffett
We will give ADON the greatest value that we can