Post
Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
tesar
on 11/12/2017, 18:08:43 UTC
I understand that, so all that have CEO and other team members now and in the future is 20% of WT tokens?
No profit, only this 20% of tokens.

This is from the contract source

/**
     @dev Internal. Distribute extra tokens among founders,
     team and the foundation long-term reserve. Founders receive
     12.8% of tokens in a 4y (1y cliff) vesting schedule.
     Foundation long-term reserve receives 5% of tokens in a
     vesting schedule with the same duration as the MVM that
     starts when the MVM ends. An extra 7.2% is transferred to
     the foundation to be distributed among advisors and future hires
   */
  function mintExtraTokens(uint256 foundationMonthsStart) internal {
    // calculate how much tokens will the founders,
    // foundation and advisors will receive
    uint256 foundersTokens = token.totalSupply().mul(128).div(1000);
    uint256 foundationTokens = token.totalSupply().mul(50).div(1000);
    uint256 teamTokens = token.totalSupply().mul(72).div(1000);

seems quite high for a decentralized solution!!