Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Mass Network
by
massnetwork
on 31/08/2016, 08:21:01 UTC
Each participant of Mass ICO will receive [1,000,000,000,000 ×  ( total amount of all deposits made to one individual account ÷ total amount
of deposits made by all ICO participants) × 0.7] Mass coins;

Mass will reserve [1,000,000,000,000 ×  0.3]coins altogether for its internal use.

Can you give a example ? Thank you...

Example:

You deposited 10BTC. Other people deposited 3,990BTC. Altogether 4,000BTC. Your share is 0.0025.
Mass takes 0.3 x 1Trillion mass coins. 0.7 T coins or 700 Billion coins are to be distributed. 700 B x 0.0025 = 1.75 Billion coins go to you.
___

PS Ordinary payment is the system could be 1/1,000 of a dollar so, in normal nominal values, 1.75 Billion Mass coins is around 2 Million tokens of a regular USD size. Of course, we have no idea what the actual rate could be. This is just to give you an explanation that we need a trillion because of the indivisibility of 1 coin.