so that translates to roughly 1 Btc = ~132 TIME or 1 TIME = 0.0076 btc. looking forward to exchanges to grab them even lower from initial dumps!
5412btcs/710,112.8108TIMEs=0.0076 BTC/TIME
if so.. the price is lower then ICO!!!
damn!!!
Couple of issues with this.
1. The actual amount that will be available on exchanges is not 710,112.8108 TIME.
2. The 12% is not going to be available.
3. Bounty payments will not be available. (until 2 weeks after investors get their distribution.)
4. The actual number physically able to be deposited on exchanges will be more like 618,990.
5. The VC firm has no intention to sell it's stake of that remainder anytime soon.
Good thing here is that bounty distribution is after investor distribution,So there wont be much initial dump from the bounty hunters