While reading your whitepaper, I found some points that I would like to clarify, before investing into DM:
Tokens Distribution Phase #2
Start date: 1st of November 2017 (12:00 PM NYC Time, UTC-5)
End date: 15th of November 2017 (12:00 PM NYC Time, UTC-5)
DMarket tokens distribution cap (Phase #2): hard cap
From what I understand, Phase 2 of the ICO Sale in November will "define" DM-Coins Hardcap. Is this equal to Max Supply, so that there
wont be any more DM-Coins minted after ICO sale has concluded that Hardcap? My main concern here is, that DM does not claim any Coins for themself, like most ICOs with Max Supply do - which makes me think that I might buy a currency that will be subject to inflation.
DMarket tokens are created through the use of the APIs endpoint and a token
factory, itself using a library submodule that can be optionally imported, thus
giving great flexibility to asset creators.
Theese tokens you are refering to, are ment to represent some sort of Ingame-Item within DMarket and not its currency (DM-Coin) - is that correct? In that case you would be using the term "DMarket Token" with two spereate meanings withing your whitepaper and I would suggest to change that. Otherwise it may seem, like DM-Coin will be highly inflationary - on the other side, if thats the case, I'm sure investors are eager to know about that.
Thank you in advance.
As we already noted, the tokens will be only sold during the two rounds of the tokensale. Therefore the number of tokens is limited to reduce the inflation risks. The only additional issue of tokens is noted in the whitepaper: after the token sale is closed, 10% of the total token amount sold are issued and
reserved for DMarkets core activities, and 5% is reserved for DMarket advisory board and partners.