Quote from: Rumhurius on April 27, 2016, 08:49:08 PM

Quote from: larsson on April 27, 2016, 07:39:16 PM

Quote from: Flozbrand on April 27, 2016, 06:25:37 PM

Quote from: Bitkeeper on April 27, 2016, 05:53:22 PM

This looks great!! As long as us Floz holders can get swapped to NAT...

Our plan is to have C-Cex host the swap.
It will be automatic, so Floz holders can just deposit on C-Cex.

We have not contacted them about it yet so can not guarantee it will be there or like that, but should not be a problem

Working on rebranding, lots of stuff to change.

It is indeed good idea to host the ICO for the development but the second part is definitely not satisfactory at all.

it will be injustice for those who have bought or were trading in the free market from time to time.

the perfect re-branding would be when total amount of coins would be -- coins swapped + ICO(500,000)

in that case there would be funds for development and no price discrepancies for any current holders.

if u set the price with this market, then it will be a definite loss program for old folks.

Quote

Floz Swap
The value of Flozcoins will be given back as NATcoins once the swap phase is ready.
Example: If Floz marketcap is 5 btc there will be 500,000 NAT availabe to share between the Floz holders.
If it's 10 BTC, there will be 1,000,000 to share. The maximum amount of coins will be 2,000,000 (including ICO).

so 2,000,000 total - 500,000 Nat Ico = 1.5 million swapped Coins at max. = 15BTC Market Cap needed = needs a Price of 0.00000347 Sats per Coin to reach the Max Ammount of swapped coins.

Correct ?

price can be manipulated by free market which is why the swap should be 1Nat= 1floz.

Otherwise this would be a suicidal for the holders and exactly opposite of what a take over means.