ArabianChain,
and the rest of the team,







I've been trying to contact you but it's been imposible.
I've been trying to explain you the swap terms you're proposing are a fucking robbery to the investors.
A fucking robbery!!! You have to change it.


It's so simple, I've been buying DBIC for long time and now you wanna delute my/our stake.




This is not acceptable and probably not even legal.
What you're doing is stealing investors money.





Not sure if any of your team can understand the economic consecuences of increasing the supply x5 just the first year.

Clear and simple.

More offer, same demand = Price down
More supply, me having the same amount of DBIC/DBIX = Deluting my stake






You know I've been a supporter of DBIC from long time ago.
But this swap is not acceptable by any concept.




Here the example of the dilution of our stake

Example:
I have 1% of the coins = ~61,000

March 18th (before swap) --> 61,000 DBIC (my holdings) / 6,100,000 DBIC (supply) = 1%
March 18th (after swap)    -->  6,100 DBIX (my holdings) /    610,000 DBIX (supply) = 1%
In 1 year                             -->  6,100 DBIX (my holdings) /  3,200,000 DBIX (supply) = 0.19%
In 2 years                            -->  6,100 DBIX (my holdings) /  5,800,000 DBIX (supply) = 0.1052%
In 3 years                            -->  6,100 DBIX (my holdings) /  8,400,000 DBIX (supply) = 0.072%




The swap should be 1:1 and almost no new supply. Even 260,000 new DBIX per year would be too much.
Hope you reconsider it

We have also seen questions about the Keyonote 2017 Conference.

We cannot share every single detail about who we discussed with, met, and arranged with for further discussion for obvious reasons.
It was a great event in general, we secured several meetings with investors in the coming couple of weeks, both from the government and private sector.
We will be meeting with a couple of IoT and apps startups as well to discuss development on ArabianChain and co-selling opportunities.

We are only just getting started promoting our new blockchain, stay tuned for more news in the coming weeks.  

We have been asked via PM and we can see some concerns about the supply schedule for DBIX.

As the supply increases with any currency the percentage of holdings against the total supply will naturally decrease. The dollar value of DBIC and DBIX at the swap are the same and thus no loss of value is there. The reduction of percentages while keeping the value is a necessary move to grow and attract new investments which will positively impact prices over time.

The supply at 2.6m per year over the dagger hashimoto algorithm is considered relatively low supply and as ArabianChain attracts more miners it will only increase the competition for blocks which will increase prices over time as well. We believe the Etherum miners will consider ArabianChain as an attractive alternative prior and after Ethereum's move to POS.

This is for the best, to make ArabianChain worthwhile to many other users and developers to join our ecosystem. It is a free market out there and you have the choice to stay with us and support ArabianChain or take other measures. It is entirely up to you. We believe our decisions to be the best way forward for our project.