Quote from: mijkrofl on August 05, 2017, 10:03:40 AM

Quote from: iluvbitcoins on August 04, 2017, 02:54:55 PM

Quote from: mijkrofl on August 04, 2017, 06:37:28 AM

Quote from: iluvbitcoins on August 03, 2017, 10:51:20 PM

Quote from: mijkrofl on August 03, 2017, 08:35:49 AM

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?

There's a total of 70 million tokens, their value will be calculated by dividing the total amount of funds gathered with the ICO with the total token supply (70 million)

So for example, if we gather 35 million $, then the value of the token would be 0.5$

ICO funds / Token supply = Token price

35 million / 70 million = 0.5$

If we gather 7 million $, then it's
7 million / 70 million = 0.1$

Hope you understand now

I don't think you understand my question.

Normally, ICO's tell me how much tokens i get for 1 ETH.

Lets say; i get 70.000 tokens for 1 ETH, so that means 10 ETH for 700K tokens, 100 ETH for 7 million tokens and 1000 ETH for 70 million tokens. So in this scenario 1000 ETH is max contribution.

But the first post in the topic says there is no contribution limit. So what if too much people contribute and your total contribution comes around 3000 ETH?

Or are you also dividing the tokens by the amount of ETH or BTC cntributed, then you are unable to tell how many tokens people will get for 1 BTC or 1 ETH.

I'm not talking about the value, i'm talking about the amount of tokens per ETH or BTC in this ICO Tongue

Thanks in advance

If the investments are unlimited and token supply is fixed, it means the tokens distribution will be decided upon the amount of investments.

Therefore, if there's a total of 70 million $ of investments and 70 million tokens

For each 1$ you have invested, you would have gotten 1$

If there was 35 million$ of token, for each 1$ invested, you'd get 2$
If there were 7 million$ of investments, for each 1$ invested you'd get 10 tokens

Ah, that way, so its divided after the ICO and no way of telling how many tokens per ETH and/or BTC at forehand. Thanks.

I haven't seen such ICO before thats why im asking, all ICO's i know said "xxx token per eth/btc".

Thanks again for taking the time to reply.

Yeah, that's exactly how it is.