Hey @Oceanlab manager i see my OCL tokens reduce in quantity from last i check. This must means value of tokens increase as quantity decrease?
As tokens is distributed between all investors regardless of the final price, the value for each token is going up and the number of tokens is going down.
They are right about that.
From
[Suspicious link removed]/projectico.aspx
I see they raised $267,259.42 and the present ICO buy price listed there is $0.06.
Immediately, while checking
http://www.wavesgo.com/icos.htmlit was seen that 71.64% of their token raising is done.
71.64 is the total percentage of tokens they have for the ICO.
That would imply that their pricing scheme is of the form
(1*10)+(2*10)+(3*10)+(4*10)= 100
Edit: Not sure what their actual ratios are but that seems to be the idea.
I am slightly inclined to pullover wavesgo because they just say 71.64% done. They donot say whether they are % of total tokens or % of total revenue raised. they seem to be pulling the data off another website and probably they assumed all ICO tokens will cost the same throughout. This is something wavesgo may need to fix on their their ICO page for better transparency.