Post
Topic
Board Speculation (Altcoins)
Re: [SNT] Thoughts on the Status ICO?
by
holden.commodore
on 15/06/2017, 00:21:33 UTC
50 Millions, are you sure? We get 10000 SNT for 1 ETH, so the crowdsale is over after 5000 ETH?

Well it is writen in their whitepaper that "The number of SNT created depends on the amount of contributions received by the
smart contract."

And also: "The Contribution Period will run for a period of 14 days, or within 24 hours of reaching the
first ceiling, of 12M CHF (Swiss Francs) equivalent in ETH, having been reached.
"

By doing math you will know that for reaching the ceiling 36444.54 ETH must be invested so there will be 364.440 m Status tokens at maximum.