Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Mass Network
by
LupusLepke
on 26/11/2016, 21:52:05 UTC
Why is there a 55% bonus for late buyers?  As an early buyer of ICO I feel scammed.

they are saying they will explain.

I hope so. Otherwise this is just massive ignorance on mass network.  You don't screw over existing shareholders.  This is equivalent to massive dilution and unheard of.

This is what was meant. It's going to be on the website soon (pls accept our apologies we might have some delays during the weekend):

1) Let us express the apology for the confusion and explain the procedures.

2) If you are eligible for any of the previous bonuses, the amounts invested before upgrades according to the following +15% schedule:
(a) 25 August 2016 (00:00:00) - 15 September 2016 (11:59:59) PST  —  45% —> 60%
(b) 15 September 2016 (12:00:00) - 30 September 2016 (23:59:59) PST    25% — 40%
(c) 1 October 2016 (00:00:00) - 1 November 2016 (23:59:59) PST — 10% —> 25%

3) For those who have already invested, any new amount invested on or after 25 November 2016 (18:00:00) is eligible for the bonus of 65%, not 55%.

Still doesn't make sense to me.. (3) For those who have already invested during the bonus periods 25-08 / 01-11 get 65% on any additional investment regardless of previous commitment. NEW investors get no bonus?
  

they get 55% not 65%

So investors from period (a) go from 45% -> 5% (b) from 25% to -15% (c) from 10% to -30% compared to the new base at +55% for new investment? Only earliest investors trump it by that 5% and earlier investors who make additional investment.. 9%? Please feel free to correct me if I am wrong.. which I hope I am.