Welcome to ZooBC Q/A (Questions and Answers). Here there is a collections of questions that have been already answered, and is a place where you can ask us new questions.
2 like 0 dislike
by
Most of the project I see have pre-mined coins. Even Ethereum gave coins to the initial investors. All the ICO offer pre-mined tokens. Why ZooBC starts with no pre-created coins?

1 Answer

1 like 0 dislike
by (4.7k points)
edited by

We want all the tokens to be created according to the protocol rules. The initial members have the opportunity to take a lot of the early tokens, but they need to keep their nodes running per the protocol rules or risk losing their spot. We feel this is fairer to all participants Coinbase distribution is one of the cool things blockchain can do, to properly seed the economy. A lot of projects with a big premine, you have to take their word they wont just dump when the price goes up. For us, those tokens wouldn't even exist yet.

Related questions

0 like 0 dislike
1 answer
0 like 0 dislike
1 answer
0 like 0 dislike
0 answers
0 like 0 dislike
1 answer
...