Through how many after the ICO, the coin will be released on the exchange?
We will distribute the coins ~ 2 weeks after the ICO. We don't know when the exchanges will list us, you will have to ask them about it!
How much time will be allowed for the BTCD swap after the ICO? Since distribution is planned within 2 weeks of the ICO, all BTCD swaps should be completed before that right?
You will be able to swap to get the coins at the same time as everyone else.
We will reserve enough KMD so we are able to swap every BTCD. The BTCD can be swapped at any time for one full year.
Thanks for the reply. Obviously not all of the BTCD will be swapped since some will be lost etc. So what would happen to the remaining KMD supply reserved for BTCD swaps?
They would be used as working capital for development.
I'm all for more development capital as I'm sure a big budget can mean better development and marketing. However, I do hope the number of BTCD that is not swapped wont be too high. If I have my calculations right, if 20% of the BTCD is not swapped, that could mean an extra 12% with the devs (above the already reserved 10%) which means ICO investors are only investing in only 78% of the supply which is a bit concerning to me as an investor.