Quote from: cwestmac on November 15, 2017, 10:36:50 PM

Quote from: ParRus on November 15, 2017, 09:59:59 PM

Quote from: Elkmar on November 15, 2017, 09:48:56 PM

Quote from: helloal on November 15, 2017, 08:32:45 PM

Quote from: niklasmato on November 15, 2017, 08:27:17 PM

A small 60mil coins remaining and about 5 days left in the ICO.

This should bes surely doable imo.

It would be easier to 'do' it if the ICO wasn't already extended. But given that there's been such a long opportunity for investors to get in...

How much in dollar was raised in total ?

According to my calculations, around 29 million $ have been raised, but I can be wrong:

Tokens to be distributed: 440,644,085/500,000,000
Token price: 0.065 USD

440,644,085 x 0.065 = 28.6 mln

Hi there,

Not quite. You are not factoring in private investors (which are vested for 1 year), and pre-ICO participants which got in at a different price.

Here is the breakdown assuming they sell all 500M:

Private investors - 100M tokens - 100,000,000 x 0.02 = $2,000,000
Pre-ICO investors - 50M tokens - 50,000,000 x 0.03 = $1,500,000
Public ICO - 275M tokens - 275,000,000 x 0.065 = $17,875,000
MAX possible amount of money = $21,375,000

If they only sell 450M tokens in the end, then we can change the formula:

Public ICO = 225M tokens - 225,000,000 x 0.065 = $14,625,000
Max possible amount based on 450M selling out = $18,125,000 (added pre-ico and private investor tokens to the above amount)

Note that I got the 275M amount from their ICO page. Remember that not all 500M tokens are for sale. 50M is reserved for the team, and 25M for bounties, which do not count towards the sale. So instead of there being 500M for sale between all phases, there is only 425M for sale between all phases, with 25M for bounties and 50M for the team (diluted by 2% per year for 5 years)

All-in-all, a very respectable market cap in either situation, with tons of upside potential.

Thanks for that breakdown. That is more accurate than the $28 million the others in here keep reposting, which is a figure based on the ICO price.