Re: [ANN][CrowdSale Live]🌟🌟🌟🌟 NVO Decentralized Exchange | Multi Wallet 🌟🌟🌟🌟
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Also what determines how many coins a person gets?
Total amount raised / 15 000 000 = price per coin. That will be calculated after the crowdsale has ended. This is one of the reasons that's still keeping me on the fence.
For example you collect $50 000
The price of a token will be $0.003
How much tokens will each person get?
Is it possible that if you invest for example $1000 that you might get only 100 tokens (worth $0.30 (losing out a lot?) )
I think you mean to divide 15 000 000 by the total collected money and not the opposite.
The formula is still incomplete, because how do you decide how much each person gets?
If I understood correctly the price of the token is dependent to the money collected...
Your first calculation is correct, if there is $50'000 collected, the price of each coin will be $0.00333... ($50'000 / 15'000'000)
In the second part I don't understand how you calculated...
The amount you invested will be used to "buy" the coins for the price it has at the end of the ICO ($0.00333... in this example)
So if you invested $ 1'000 you will get 300'000 coins (1'000 / $0.00333...)
Control calculation: You spent 1/50 of the whole money collected -> 50 x 300'000 coins = 15'000'000 coins
>> The more money is spent through crowdsale, the more expensive will the coin be and the less coins you will get for your money
