Post
Topic
Board Announcements (Altcoins)
Re: AUGMENTORS ICO
by
drays
on 21/02/2017, 19:33:10 UTC
Good luck guys. Too expensive now. Ico price was at rate of 1btc=15k DTB but it is now 1btc=11k DTB and there 100mil total supply (2x nexiums and bitcrystals supply). I think its good start if market price will be 5-7k and its just ico price at rate 1btc=15k DTB.

You are wrong.

The total supply will be less then 100 million DTB.

The team gets 30 million, ICO sales are between 10-15 million. So max total supply at the moment is 45 million, the rest gets burned. Bitcrystals had a total supply of 100 million as well, and they did the same with their ICO.

Folks, don't you think it doesn't sound too good if the team holds about 60-75% of the total supply? It seems to me such a huge percentage kept by single entity is dangerous in many aspects (hacking, misuse etc), and that could present some problem with the exchanges too. I know you will tell the guys are trusted and advised well. But the power creates a temptation to misuse it. I was witnessing such things many times. Also such amounts concentrated in a single place are prone to being hacked. Seen that too.
Who are the escrows of dev fund btw?

Does anyone know if there are any plans to burn part of the developers premine, so it presents a certain reasonable percent of the total supply?