Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ACT- Citizens First🔥Supporting Social Justice and Social Accountability🔥
by
xcajun21
on 05/07/2017, 21:08:32 UTC
Your bonus structure at pre-ico seems weird. You plan to collect $2,000,000 and give away around $6,000,000 worth of ACT tokens. Lets assume that after the platform is active and all the token holders will decide to use them (somewhat) right away. How do you plan to cover missing $4,000,000?

Hi @kroonike. Please check out this post. Especially "Step 1". Please PM me for a deeper brainstorm

In step #1 you claim that "Initial price — $0.00133939 (this is based on the above arbitrary values)", which comes from $11,050,000/8,250,000,000. Why do you use implied amount in the numerator, when you only collected $6,000,000 ?

 Its not like $6 million will magically become $11 million, what am I missing here?

Seems not so rewarding to fill the form for 2000 coins as US$ 0.00133939) x 2000 =
2.67878 US$ Grin

I guess its alright, but seemed more until i read this post above.