Re: [ANN][NTRY] Notary - Pre-ICO (LIVE) PRO RATA TOKENS

https://medium.com/notary-platform/notary-platform-pre-ico-bounties-2e6b2748ca58
there "The bounties will be distributed within 1 week of the end of Pre-ICO".

Does this mean that I have to wait for the bounty on July 2?

Yes, we are sorry that it is taking to long, but at the end of the week everyone will get their share of bounties.

regards,
saso

Hi saso, does that mean we have to keep the signature until July 2? Or is it safe to change it right now?
Thanks

Yes, it is safe to change it right now.

Iztok

"* In order to protect us (in case only a few ETH are left in the Pre-ICO account), the highest amount which each investor will receive, is limited to 20.000 NTRY for each invested ETH."

what happens with the rest?! 90x20.000= 1.8m

I want to correct your calculation. Not 20.000 NTRY per investor but per ETH invested, which is a huge difference. There were like 94 investors and 496eth raised funds. If all of the eth were divided pro rata for the final cound of investors it would look like that: 4.023.168,26216 NTRY tokens (unsold) / 496 ETH = 8.111,23 NTRY per ETH (20.000 in more than double that!). More investors taking funds out, the biger share is geting divided. But we made a ceeling for that.

What is our concern??
I give you an example. At the end 2 from 94 investors are left. Each one inevsted 3eth. If we do not protect ourself they each get 2.000.000 NTRY for 3eth! We could use that, for raising capital from private investors.

I think the 125% bonus + 20.000 per eth is a generous reward. What do you think?

saso