Would just like to say that I wasn't 100% accurate when i said 30% of the coins get released after each developer milestone. I wanted to post the accurate information. This is directly from section 5 of the V7 whitepaper on procommerce.io just too many coins available for me. I am new to Steemit, I will be doing my introduction shortly. I respect your opinion of Procurrency even if it's different than mine and hope you feel the same way. I look forward to interaction with you in the future on other related topics as well.
"Unsold coins will be kept in a 3-4 multi-sig. Two of our team members
will have one key each and two separate reputable escrows will have
the other 2 keys for a total of 4 keys.This will prevent anyone from
having access to these coins unless all terms are met.
Each app will have their own reserved amount of coins, and these coins
will have a specific purpose within each app.
25% will be reserved for PRO Rewards
30% will be escrowed for PRO Solutions
25% will be escrowed for PRO Merchant
20% will be escrowed for PRO Exchange
All coins will be in cold storage and will be incapable of staking.
These coins will be kept locked until the development of such
application is finalized and launched.This will help prevent the market
from being flooded. This will also prevent people from dumping a large
amounts of coins. The coins will be released slowly over the course of
the next 7-15 years and will be used to incentivize consumers and
businesses to get involved in the use of cryptocurrency. By giving out
small amounts of coins for each app, this will keep a small amount of
coins being released as incentive from the apps and maintain a fair
distribution process."
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