Post
Topic
Board Announcements (Altcoins)
Re: 🎥 PUREVIDZ SALE IS COMPLETE- 85+ BTC INVESTED. THANK YOU EVERYONE 🎥
by
drays
on 09/01/2017, 01:49:50 UTC
You get 85.2 satoshi/VIDZ if you calculate it correctly.

How did you get that number.

He is correct. 100M will be distributed, not 125M. So investors will get 1 VIDZ for 85 satoshi.

You sure he's correct. The coins the dev team will be holding will be dished out for bounties so they will eventually hit the market.
 Huh

Well, yes.
The average price per coin is indeed 68 sat.
But investors get it for 85 sat for now. This is the number which matters the most.
That's the effect of premine (Dev fund). 20% is not a small number, so it makes some difference.

Anyway the scenario with all coins hitting the market is an unlikely one (given the devs are honest). And hopefully the price will rise, so it can accommodate bounties when they hit the market.