What is Post-Mine?

Post-mining is a practice that creates new coins after the initial launch of a blockchain project, but before public mining is possible. Post-mining often occurs between the crypto supply snapshot date — when coin balances are tallied so newly minted coins (or tokens) can be airdropped or traded on exchanges — but before the platform's code has been implemented and outsiders are able to mine. The post-mining procedure, like its pre-mining counterpart, has occasionally come under criticism for allowing founding teams to have too much impact on the price of the coin or token in question.