Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ADL] Adel | Startup Incubator for Blockchain Innovation
by
loveliness
on 22/05/2017, 06:50:27 UTC
Ok, after reading white paper 11 everything is more clear (if still quite complicated).

We now receive a smaller amount of ADL because the ICO will presumably not make the 900 BTC.

So instead of the initial promise of the price of ADL being formed by the takings of the ICO, it's now a fixed rate considering the 28,333,333 which is being distributed and the 900 BTC initial goal.

We will receive a proportional amount of ADL based on the takings of the ICO, for example if you thought you would get 50,000 ADL, and the ICO makes 450 BTC (exactly half of the target) you will receive 25,000 ADL.

To try and make this better for us, they are throwing a bunch of bonuses in.

This is what I get by reading the white paper, please correct me if I'm wrong. I think this new method of distribution is kinda going back on a promise, if this ICO was launched with a fixed price from the start, I would have been more hesitant to buy in.