Post
Topic
Board Announcements (Altcoins)
Re: Tau-Chain and Agoras Official Thread: Generalized P2P Network
by
alphaomega23
on 01/07/2017, 15:47:16 UTC
Hi Ohad,

New poster here, though I have been a follower of the project and an Agoras token holder for several months.

I want to clarify the discount factors that will apply to bulk 'tentative' token sales, and ask you to reconsider the final price.

In your post in this forum on June 29 about solving the crisis, you made it clear that any purchases at the tentative address may be refunded if the tentative tokens sold out. But you did not make it clear that you might increase the price. Indeed you mentioned in previous posts that bulk purchase at the prices shown on the Google spreadsheet would be available until the end of June.

It appears that the tokens reserved for 'tentative' purchases did not sell out. So I think that you should honor the June price of 37.6c for any purchases who sent tokens to the tentative purchase address before July 1 at midnight.

Now, maybe we have no right to complain or make demands. We are being sold tokens for below market price, so that's great!

However, those of us who believed in this project enough to purchase early deserve the full benefit of that. It's unfair that those of us who bought tokens in late June instead of early June are subject to an arbitrary price increase.

Refunding purchases to honor your commitment limiting the tokens sold is fair. Raising prices beyond what you previously offered in June is not.

I sent a lot of bitcoin to that purchase address based on my trust in you, and observing that you had always kept your commitments in the past. I think not honoring the prices offered for June is a bit of a disappointment to the community.

So I'd ask that you reconsider your decision from earlier today, and honor the prices in the below spreadsheet for all tentative purchases made in June.

https://docs.google.com/spreadsheets/d/1EjW1s66T75vnWh7WSzuP0vxcx1vdwlqCm2JOmlVlPOg/edit#gid=0