Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TrueFlip - Become a part of the world's largest blockchain lottery +Bounty
by
mathbrand
on 31/07/2017, 07:28:20 UTC
ABOUT THE BOUNTY PROGRAM

1. The official document WHITE PAPER is clear (page 16):

https://trueflip.io/TrueFlip%20Whitepaper(01.06).pdf

6.Token Sale


TFL token distribution rules

Escrow 2%
Advisors 3%
Bounty 5%
Team 20%
Crowdsale 70%

If the bounty was 50% (fifty percent), it would be a clear mistake. It's not the case!

You are moving 2% from the "Bounty" to "Escrow+Advisors", according to the True Flip post on July 25, 2017:
https://bitcointalk.org/index.php?topic=1928663.msg20370138#msg20370138

Are the "Escrow and/or Advisors" putting pressure on True Flip Team to change the rule?


2. The initial post on Bitcointalk.org is clear: "True Flip bounty fund consists of 630 000 True Flip Tokens".
https://bitcointalk.org/index.php?topic=1928663.0

It's a FIXED amount without any warning: "  * subject to total tokens sold  "

Unfortunately, someone put the wrong information on bitcointalk.org, but the team had  +60 days to correct this wrong information.


3. There is no WRITTEN information about "3% for the bounty" --- no assumption, please!


4. There are 2 options for the bounty payment: 1 (the official document) or 2 (non official - announcement made by mistake/miscommunication).

There is no cash disbursement.  It's just equity dilution (very small).

True Flip will lose in any court around the world, if use any other option. Will the company reserve part of the funds to cover this potential liability risk?


5. The company starts with a very bad reputation: : " True Flip doesn't follow the White Paper ".

Can some rules in the White Paper be changed? Yes.

But not in this case, when the people have already worked +60 days on the bounty program!!! If someone used some breach on the bounty program to be reward (fake accounts, followers), just remove the participant.

How can the clients TRUST in this online lottery? Will the Jackpot be paid? Or will there be EXIT SCAM?
Will the investors receive dividends? Or is the White Paper wrong too?

Which information is CORRECT in the White Paper?

Do not associate the brand True Flip to a potential SCAM! That would be the worst thing to an online lottery.

Investors invest in good TEAM. You have made an amazing job until now!

BUT, True Flip technology is easily replicable!


Make the correct decision!