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RE: Officially confirmed + HOW TO - holding Antshares (NEO) in web wallet generates Antcoins (GAS)
Maybe a dumb question, but how does putting Antshares into a wallet generate antcoins passively? Where does that money come from to generate antcoins?
So all i have to do is transfer my neo into that wallet and ill get free gas ?
"100 Million AntCoins could be generated, representing ALL of the right of using the Antshares Blockchain. ANC will be generated by every new block. With the set slowly-decreasing pace of generation, ANC will be generated from 0 to 100 Million within approximately 22 years."
You can read more about it in the whitepaper: https://github.com/AntShares/AntShares/wiki/Whitepaper-1.1#j
You can see it as a separate coin, with supply and demand. Demand will increase so Antcoins will become more worth in the course of years.