Ballast Coins premine was only 275,000 BLST out of 55 million. The 275,000 BLST are allocated for marketing, listing on staking/shared masternode platforms and future dev. There was no pre-sale. We are entirely self-funded.
Quark was chosen due to its use of 9 levels of encryption and its ability to be not be susceptible by a single point of failure (SPOF). BLST also takes advantage of the Proof of Stake method of minting BLST in order to increase security, while easily and effectively validating transactions across our blockchain.
Masternode holders and stakers will be awarded block rewards regularly for helping run, secure and supercharge our network. The block rewards will automatically adjust to the collateral changes. Our structure ensures that no more than 2.45 masternodes worth of rewards are being generated every day.