Post
Topic
Board Tokens (Altcoins)
Re: Dragonchain Token Sale
by
DragCommDavey
on 03/10/2017, 19:58:18 UTC
Approx how many coins will I get for 1 ether if 100 million usd is raised?

In my calculation that is;

100.000.000 / 433,494,437 = 0,23 dollar cent

Eth 250 dollar / 0,23 = 1087 tokens

This is essentially correct, although I would just like to reiterate that any speculation on price or amount raised at this point is purely speculation. There will be a full professional audit following the completion of the crowdsale to determine the actual price of the token.

A littla detail queston, does Dragon determine the value of buying on purchage date or excute token date?

Immediately following the end of the crowdsale there will be an audit to determine the value of the token by the total amount raised. The price of ETH will be pegged to the price of BTC at the close of each day on bittrex. For example, if your ETH contribution is equal to 1 BTC, at the end of the crowdsale you will receive the equivalent of 1 BTC in dragons.