Re: [ANN] vDice Ethereum Blockchain Gambling || Crowdsale is LIVE NOW
Hi, I made an investment on the 1st week of the ICO. Here´s a question for you. Lets say you sell about 45.000.000 tokens (half of the 700k ETH or 96.000.0000 limit) once the ICO is finalized. Does that mean that the total share will be distributed in the 45 millions and thats the total tokens there will ever be? or you will keep the reaming unsold tokens to yourself? in terms of tradable value is not the same to have a total supply of 90 or so millions than to have half of it. I hope you understand my question. Thanks and the best of luck.
Thanks for this question.
Firstly, there are no "unsold tokens". vSlice issuance doesnt work that way.
Instead, there is a Smart Contract issuing the vSlice tokens. The address of the Smart Contract is:
0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF
Whenever ETH is sent to that address, new vSlice are created (minted), in this ratio:
Week 1 : 1 ETH = 130 vSlice.
Week 2 : 1 ETH = 120 vSlice.
Week 3/4 : 1 ETH = 100 vSlice.
So we start with 0 tokens and vSlice only come into existence once ETH is sent to that address.
Now, it is entirely possible there will only be 45m vSlice. It could even be less!
We only know the absolute upper maximum is 96m.
There can never be more than that. But there can certainly be a lot less.
On December 15th the crowdsale will end. However many tokens there are, that will be all.
Also, check out our FAQ. I think it could answer a lot of your questions;
https://blog.vdice.io/vdice-crowdsale-ico-faq/
I would like to know about the bounty fund, in what will be reward for project promotion ? ETH or vSlice? And how user who wore signature or participates in twitter compaign can be rewarded? Sorry if this question has been earlier asked here.
Hi,
you will have to send PM to user Irfan_Pak10 on this forum.
He handles all such marketing and promotion matters for this forum.
