Post
Topic
Board Speculation (Altcoins)
Re: [IOTA] IOTA Speculation
by
boomboom
on 10/06/2016, 07:19:25 UTC
A few people have asked for exact valuation numbers, my calculations are as follows:

ICO funds raised
930.96 btc
Jinn 41297 * 0.0063 = 260.1711 btc

total bitcoins = 930.96 + 260.1711 = 1191.1311

1% = 11.911311 btc

If I have made an error we will adjust figures

You made an error, ICO was valued at 1337 bitcoins with bonuses, see below

A factual question: I remember reading that IoTA got 1,337BTC's worth of buys, of which ~850 was in Bitcoin itself. So here's the question: did those funds get released to the devs?

Thanks.

What is the official amount of bitcoins raised in the ICO from bitcoin and JINN? Is it 1337 btc as stated above by NxtBlg?

You can find details of the crowdsale here: https://www.tangle.ninja/iota/crowdsale

1337 is the number inclusive of the bonuses offered during the ICO.