Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [TRST] [TOKEN SALE] WeTrust.io CROWDSALE: 1,250+ BTC RAISED in 36 hours!
by
freedomfighter
on 15/03/2017, 21:39:26 UTC
Hi

How is the total BTC for the crowdfunding being calculated? the dashboard shows 1400BTC out of the 6000goal.

However with the latest ETH/BTC move the 63000+ ETH are worth 1650BTC so in fact over 2000BTC were raised based on current value.

This also has an implication on individual investors: i for example contributed a certain BTC number + X amount of ETH when it was worth 0.0142. With ETH now being 0.0260, the actual BTC's that I invested are actually larger based on the above.

Are you going to calculate this, and adjust the final number of TRST based on the rate at the last day of the sale? or how?

In other words: since the donated ETH is in escrow and is going to be converted to BTC, it seems fair that the total amount is adjusted based on the exchange rate at the end of the crowdsale to reach a final BTC figure for the crowdsale, and adjust the ratio for all contributors. 

Thanks