Post-mining is a practice in which new coins are created after the initial launch of a blockchain project but before public mining is possible. Post-mining occurs frequently between the crypto supply snapshot date — when coin balances are tallied so newly minted coins (or tokens) can be airdropped or traded on exchanges — and the platform’s code is implemented and outsiders can mine. The post-mining procedure, like its pre-mining counterpart, has been criticized for allowing founding teams to exert undue influence over the price of the coin or token in question.