Hi all!
Question about BTCD swap:
I understood that all of those 90% of KMD will be sold for BTC/BTCD investors, but how do you guys know how much KMD:s will be given to BTC investors, since you don't know how many BTCD owners will swap in 1 year swapping period? Or do you plan to wait 1 year and then share the percents, when we know how much to give BTC investors and how many to BTCD swappers?
The more BTC gets invested, the higher the percent they get will be. Only after the ICO ends we can calculate how many KMD coins goes to the BTC investors and how many to BTCD investors. Likewise we can calculate the KMD/BTC and KMD/BTCD exchange rates only after the ICO.
Like James already said, we must assume all the BTCD will be swapped and reserve enough KMD tokens for them.
Following this project with interest. Where I can read the whitepaper?
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