Quote from: inchain.org on November 24, 2016, 06:53:42 AM

Quote from: lenyro on November 24, 2016, 05:18:50 AM

"Inchain (India chain) issued the total shares (INS) for 1 billion, and claiming never additional.
The number of the lowest ICO is 50 million INS, the highest ICO is 100 million INS, accounting for the total 5% to 10%.

Ico set the valuation of ¥ 10 million, corresponding to the public raised ¥ 50 million to ¥ 100 million."

O bullshit, you are too greedy, ANS and meta projects only raised CNY/RMB less than you, what can you compare to them and better than them? They have reliable dev, but you are noob team.

1 billion total supply= 10 billion rmb= 15 billion usd in fiat, you develop nothing but ask for so much fund, why you do not rob the bank, that is easier for grabbing money

Ico set the valuation of ¥ 10 million, corresponding to the public raised ¥ 500000 to ¥ 1000000. To achieve ¥ 500000 is the success of crowd founding, to achieve ¥ 1000000 means the end of the crowd founding .

The ico only accept bitcoin to participate in the amount. The participating amount corresponding to the real-time price of the https://www.huobi.com/market/cny_btc, the program automatically converted into RMB.

If the amount of this Ico before the end of the specified time limit, then all the successful and automatic end; If the amount does not meet the minimum limit at the end of time, the team reserves the right to announce the failure of the crowd founding, once announced the failure of the crowd founding, all the participating amounts will be returned.

The Ico cost Price: ¥ 1000,0000 / 10,0000,0000 = ¥ 0.01, that is 1 INS = ¥ 0.01

Participation Amount Example: Suppose you participate in 10 BTC at 2016-11-25 21:03:02 PM ,when BTC / RMB real time quotation of the website is ¥ 5000.00, then your participation amount is ¥ 50000.

The crowd founding example: If your participation amount is ¥ 50000, the number of INS you get is Participation Amount / Cost Unit Price = 50000 / 0.01 = 5 million INS.

Sorry, before the translation was a little problem, 50 million to 100 million yuan.

And you say the noob team, i no said anything, our team is to create first-class block chain application to prove themselves.

The translation is bad...