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They hold majority.. Geee 1 hour ago | unvote [–] There are 250 million units of mobilecoin, and majority of them are owned by the founders. Only 37.5 million
by tradertef 6y ago
They hold majority..
Geee 1 hour ago | unvote [–]
There are 250 million units of mobilecoin, and majority of them are owned by the founders. Only 37.5 million have been distributed. With current price ($65), they're worth $14B already. This makes the project a scam and impossible for it to work as a reliable money that holds value. Bitcoin had no pre-mine and has been fairly distributed from the start.
- rOOb85 6y agoI haven't seen any sources to back that up. Just that one comment claiming those facts.
- kokx 6y agoOn the other hand, these comments are only met with responses indicating that the source for that is an old whitepaper without any more information. While the person replying is the MobileCoin CEO. So they at least try to embellish the current situation in some way. Which doesn't tell me much good.