Grand total of 1,000,000 Coins With The Combination Of Minting/PoS After 8 years
Actually, 1,277,196.
If we include PoW coins, 1,596,496
More importantly though, this coin runs contrary to Satoshi Nakamoto's core vision of trustlessness and decentralization - since we have to trust you guys in managing and distributing the 500,000 premine, which is 80% of the total coin supply.
I'm impressed with your math and your quoting of the Satoshi paper....
We will finish with 1,000,000 coins and what we provided does not add up. Because of the way we distribute this coin, there is initial centralization.
Actually 300,000 will fall into the category of "premine" when including IPO and 2 phases of giveaway.... So 30% of what will be our total coin supply.
DISCLAIMER - We rushed this Pre-Announcement. We wanted "ABC" as a trading symbol and we've been excited to talk about our project! Now that it the word is out - we must deliver more accurate information and timelines. We will do our best!