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.
This is wrong as only 55% of tokens will be distributed during crowd sale. So only about 550 tokens.
Als a question - so the ERC20 token will not be converted to a novel dragonchain token in the future!?
You are correct, sorry about that. The token sale pool if 238,421,940 DRGNs.
I'm awaiting confirmation on the answer to the token question.
Umm, I'm pretty sure this is the wrong calculation? This is from their FAQ
With the BTC hardfork around the corner , is it best to wait to invest, as BTC may be higher now than it will be in 3 weeks?
Actually, the BTC/USD price will not be a factor -
We are doing all calculations for token distribution based upon BTC price with no consideration for USD or other fiat pricing.
1 BTC on Oct 2 = 1 BTC on Nov 2.So you wouldn't be evaluating with ETH@250, you would be evaluating what how much BTC your ETH converts to on the day of you sending it in. And BTC value is "pegged" to USD - how they determine how much they've raised....(probably on the date of the audit/closing). They don't care what the value of your BTC is, only how many. So your 1 BTC from when it's $2000 is worth the same as the 1 BTC that you buy today (~$5700). Both BTC get you the same amount of DRGN token. So contrary to what they are saying, the BTC/USD price
will be a factor for people that's buy/sending btc/eth into the sale -- since people are still using fiat to acquire BTC.