Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
cryptodance
on 17/03/2016, 02:52:26 UTC
Did anyone read the presale agreement.

https://ico.lisk.io/presale.pdf

As I already pointed before (and never received an clarification)
Quote
You agree to purchase and we agree to sell, on the terms set forth
herein, your Resulting Distribution. Your purchase paid with BTC is final. We will not
provide any BTC refund of the purchase price under any circumstances. Purchases
with XCR can be refunded until the 1st May 2016. Only the exact amount of XCR used
to purchase LISK can be refunded

People are allowed to receive a XCR refund after the tokens are launched. Feel real skeptical about this.
thats interesting, what are the terms to request an XCR refund.
are the devs burning any XCR not refunded? or is everyone getting XCR back and getting lisk for free?
I am almost sure that any request for an XCR refund would have to be accompanied by that individual surrendering the exact number of LISKs issued for those XCRs. Would those surrendered LISKs be proportionally distributed to LISK investors? That's the question to ask! Giving them back to the investors makes sense to me since we would have received them anyhow if those refunded XCRs were never in the mix.