The Chia network is heavily pre-mined. The Chia organization controls much of the currency. They plan to share the pre-mined coins with investors in exchange for real dollars.
Investors trading their brand recognition for discounted pre-mined coins that they can flip into the exchanges is a quick and easy way to make money on these projects.
The bad thing is that mining this coin kills the SSD super fast. It's not very good, I think. Especially if everyone calls chip coin eco and green coin. It doesn't add up much, of course. For me, an eco coin is like Сrypton https://utopia-ecosystem.org/ for example. For mining, you only need a PC and the Internet, and the power consumption is minimal.
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[ 2.8 ms ] story [ 11.0 ms ] threadThis isn't a secret. It's part of their "business whitepaper": https://www.chia.net/assets/Chia-Business-Whitepaper-2021-02...
Investors trading their brand recognition for discounted pre-mined coins that they can flip into the exchanges is a quick and easy way to make money on these projects.