What does that mean the token started without ICO? So how can they collected money to develop their project
It's even circulating supply only, we still don't know how much total supply for this coin
got this from Uplexa announcement thread
Coin information:
Name: uPlexa
Ticker: UPX
Coin Supply: 10,500,000,000
Airdrop Amount: 36,750,000
UPX Algorithm: Modified CryptoNight-Light Variant 1 (CryptoNight-UPX)
Premine Amount: 7% (For infrastructure, bounties, airdrops, exchanges, partnerships, and team growth)
Bulletproof Transactions ✔️
LWMA Difficulty Algorithm ✔️
you can read more here
https://bitcointalk.org/index.php?topic=5058404