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> 10,000,000 App Coins are created, and 500,000 of them are allocated by the idea creator What happens to the other 9,500,000 app coins? Who 'owns' them for p

> 10,000,000 App Coins are created, and 500,000 of them are allocated by the idea creator What happens to the other 9,500,000 app coins? Who 'owns' them for purposes of profit distribution and opinion weight? > Anytime the Core Team awards a bounty, the corresponding number of coins is minted and distributed. I'm a little confused about the term 'minted' here. Are additional coins created, increasing the total past 10,000,000 coins, or are they subtracted from the 9,500,000 that were created but not allocated to/by the idea creator at product creation? If they are taken out of the 9,500,000 coins, what happens when there are no coins remaining?

chrislloyd 12y ago
> What happens to the other 9,500,000 app coins? Who 'owns' them for purposes of profit distribution and opinion weight? Effectively the product's wallet owns them, but opinion weight is based entirely on your ownership of "vested" coins. If you may have 5% (to start) of the total coins, but you have 100% of actively votable coins. And yep, minting there was confusing. Minting happens only at explicit event so everybody can control their dilution. When bounties are awarded their coins come from the products "unvested" coin pool.