Ninjastic
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Board Announcements (Altcoins)
Re: [PRE-ANN][VRM] Verium PoWT Reserve | Verium testnet live now!
by
pnosker
on 29/08/2016, 21:33:30 UTC
Quote from: likevirgins on August 29, 2016, 05:15:12 PM
Quote from: effectsToCause on August 29, 2016, 05:10:47 PM
http://www.vericoin.info/veriumlaunch.html



OK, congrats, now there is eta, and any info about how much fund you raised? Whats the ico price?

We raised 3,932,965 VRC, of which half is permanently staking in the VeriFund Endowment address (https://chainz.cryptoid.info/vrc/address.dws?423762.htm) of which only the staked interest will ever be spent.

The price of the ICO was 6 VRC per VRM for the first 2,100,000 VRM sold, and 10 VRC per VRM for the remaining VRM. The effective BTC per VRM sold was roughly 100k satoshi per VRM, since the price of VRC was higher in the first phase than the second phase.