Hi,
I have updated the details of swap as we're getting closer to the crowdfund. The reason for the changes below are without this sort of a set up people will simply wait till the last day to swap/burn their VIDZ. Those who swap/burn earlier are taking a higher risk therefore they should be rewarded similarly to those who participate in the crowdfund with BTC.
There are also some upcoming bounties, so if you would like to reserve a translation, please let me know. Currently I am only looking for a Russian and Chinese translation, other languages may be available later.
Thanks!
Swap - February 16th to End of Crowdfunding
50% of atmos will be swapped from a proof of burn swap/compression from VIDZ
If your VIDZ are swapped during the First Crowdfund Round they will have a factor of 1.5x
If your VIDZ are swapped in between the rounds they will have a factor of 1.25x
If your VIDZ are swapped during the Second Crowdfund Round they will have a factor of 1.0x
Example:
Richard swaps 500,000 VIDZ during the first round
Bill swaps 1,000,000 VIDZ during the in between
Eric swaps 1,000,000 VIDZ during the second round
Assuming the above are the only participants the crowdfund carries a total weight of:
(500000*1.5) + (1000000*1.25) + (1000000*1.0) = 3000000
50,000,000 atmos is to be split
Richard holds a stake of (500000*1.5)/3000000 (25%) = 12,500,000 atmos
Bill holds a stake of (1000000*1.25)/3000000 (41.67%) = 20,835,0000 atmos
Eric holds a stake of (1000000*1.0)/3000000 (33.33%) = 16,500,000 atmos
Current BountiesNone.
Upcoming Bounties (prices to be determined)Please do not complete an upcoming bounty until it has been moved to the current bounty list as terms/conditions may change.
TranslationsTwitter CampaignDetails coming soon.