Ok good, i thought somthing was wrong with the numbers. I put up 6 eth they where around 215ish i got 985 mobilego. No matter how you do the math its a rip, 100m or 70m. It looks to me like a programmer done his math wrong in the calculation. .76 x 1xxx is a percentage. 1xxxx ÷ .76 is xxx units at 76 cents. Or i could be really sleep would someone help.
you guys got to stop complaining seriously its all clearly detailed in the whitepaper u choose to deposit when you did i sent most of mine when game was at 1.10-1.15 dont hear me crying foul, and if you sent late into the ico it was time stamped at that price it was done fairly stop crying foul already.
Actually, the allocation method was neither contained in the white paper, nor contained on the ICO web page. If they clarified the method on the ICO webpage, there would be less complaint about this.
The Storj tokens which adopted the time stamped method did state it clearly on their ICO pages and their coins have a definite USD value. Therefore the investors could use a different pattern to invest, they could invest a portion of their bitcoin at the beginning and invest the remains at the end. However, the mobilego tokens omitted the information which is so important to investors, and it is really unfair to the early investors who thought it would be using a normal method to distribute the tokens.
If it was a real-world IPO, the company would be conceived as a deceiver. Hiding important information from the investors would result in a class action lawsuit.
In this specific case, I suggest that all the early investors should at least argue with the project team, Cause their method is really lack of good reasoning point, both in theory and practice.