Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] Spectre.ai - raised $16.6M - Crowdsale complete - Beta soon
by
newegggo
on 15/12/2017, 12:25:38 UTC
Thank you, and of the 183 million total tokens are you expecting all of them be converted during the conversion period?

"You have 26 days left at this time to convert your tokens. If after the conversion time is finished and you haven't yet converted your tokens, they will be automatically converted."

That wasn't my question. I know 50% of the total tokens will be converted from those sold at the token sale but I want to know if the other 50% for management, legal etc will be converted in the next 25 days also. So by the end of the 25 days will we have approximately 183 million converted tokens?

After the investors have converted their tokens, then the management team will have their tokens converted so that will take place after the 28 days investors have.

Is management restricted to an imposed 50/50 split of their tokens or do they have the freedom to choose either Dividend or Utility tokens? If it's the latter then please explain why that is not an advantage for management over investors in knowing the allocation of 50% of the tokens before choosing? With 90+ million tokens from management still on the table after the conversion period how can I as an investor implement any sort of strategy before then? What I might think is the more scarce token currently could be completely the opposite once management has converted, thus I am at a disadvantage compared to management.



Management tokens are split to the same ratio investors chose.
That makes sense.
It would be unfair if management team could choose as they wish Grin
BTW, what is the price of tokens in ED?