SocialCoin will be launched in the next 20 minutes on BitcoinTalk. We deliberately delayed publishing this article until right before it’s release, so you can jump in right away when the wallets are made available.
Every month, the SociaCoin community will be asked to vote on which charitable organisation will receive the previous month’s chunk of charity money. Most of this charity fund is coming from the initial 9.6 million premined Socialcoins. However, donations to the SocialCoin Charity Fund are always welcome!
Yes, there is a less than 1.5% premine on SocialCoin. However, 80% of those coins are kept for the initial SocialCoin Charity Funds , and the rest will be used for bounties, marketing, giveaways and long-term support of SocialCoin.