Post
Topic
Board Announcements (Altcoins)
Re: [ANN] POPULOUS - Invoice trading platform | ICO l BOUNTY CAMPAIGN
by
ka82
on 25/08/2017, 13:51:17 UTC
Ive a terrible feeling thats its a lets see where it goes approach and I feel that the 4mill is a sell off for the small micro team members to profit from. I feel so bad for everyone as we have been sold a pup. I dont blame clif high as he lives 1000s miles away and doesnt know this nico guy who has a twin btw. He probably takes nico at face value in whats turning out to be false hope. I look at Game Credits and see so many team members on you tube making vids about the project and then populous has NOTHING like it. I dont know. Maybe im over thinking. I hope i am. But i hate putting money on hopes and maybes. Aint no big time investors going to give any credit to populous with shifty and shoddy work done like the alpha and poor public advertising.

For the hard-to-understanders:

As you know the total PPT issued was 53.2M and the PPT Reserve Split went like so:

Team share, *this is locked for 1 year*                                                22% / 12M
Promotional Bounties, signature campaign, etc                                       2% / 0.6M
*Business Development, R&D, Capital Reserves                               9% / 4.6M*
Token percentage for investors                                                       67% / 36M
*Total*                                                                                          *100% / 53.2M*

So, as all can see within the that breakdown has *Reserves* that are accessible to the *Populous Platform* to be used as it suggests: reserved for use in Business Development, Research & Development and Capital Reserves, all standard business uses for reserve capital.

Also for our "ain't no big time" investors can be found here: https://etherscan.io/token/0xd4fa1460f537bb9085d22c7bccb5dd450ef28e3a#balances HODLing as per usual

Thanks for the details...does this mean that the 4.6M tokens is in a multi-sig wallet i.e it's not at least under control a single person?

Also in the link you provided it shows one single address (0x1a8cc57f1155d7df4626978401e203e00da097f7) contains 30% of the tokens (or 16M). Is this coming from "Token percentage for Investors"?