Re:Easiest Path to Riches on the Web? An Initial Coin Offering
by RexetBlell on Sunday June 25, 2017 @09:20PM
(#14633310)
What makes you think that the majority of ETH is controlled by a single company? What company is this? Do you have a source for this?
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Re:Easiest Path to Riches on the Web? An Initial Coin Offering
by DennisP on Monday June 26, 2017 @09:48AM
(#14636738)
Some people get that impression because the majority of ETH was premined. What they miss is that most of that was sold to the general public in the presale. Only 12% of it was not; half of that went to team members (some now sold) and the other half to the nonprofit foundation which is continuing development of the protocol.