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> 1. how does MobileCoin make money? MobileCoin pre-mined the coins and is selling them to users. According to other comments, they hold 85% of the coins. The
by PragmaticPulp 6y ago
> 1. how does MobileCoin make money?
MobileCoin pre-mined the coins and is selling them to users. According to other comments, they hold 85% of the coins.
The CEO is commenting in this thread with a link to buy the coins. They make money by selling these coins.
- frombody 6y agoI think the more pertinent question is how much of a stake Signal has in MobileCoin and why the details of this relationship are not being disclosed. MobileCoin isn't even on the list of cryptocurrencies you can make a donation in.. which makes this seem more like a cash grab rather than something that was thought out.