Pre-Mine

A pre-mine is the creation and allocation of a portion of a cryptocurrency's total supply before it is made available to the public through mining or open sale. Pre-mined tokens are typically allocated to founders, developers, early investors, or a project treasury. While pre-mining can fund development and incentivize teams, it is sometimes viewed negatively because it gives insiders an advantage. Transparency about pre-mine allocations and vesting schedules is important for investor confidence.