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Re:IOTA Surges Past Ripple by Cthulhu_ on Wednesday December 06, 2017 @06:50AM (#15860405)
> The founders had to purchase their technology back during the ICO.

Which is still dirt cheap and they got first dibs so nothing major there.

Re:IOTA Surges Past Ripple by lewi on Wednesday December 06, 2017 @07:03AM (#15860466)
So its functionally the same as an ICO with a 40% premine? Of which 20% of the tokens go directly to the founders because they figured out how to write a paper.