Quote from: shinzai on December 31, 2017, 12:34:09 PM

Hi!
I have a few questions:
1) So if I hold for example 1% of the token supply I will recieve 1% of your total income from fees? The whitepaper does not clarify this as far as I can see. Would be nice if that was the case though!
2) According to coinmarketcap the token supply is around 13 million. That would imply a current ico price of about $0.13 if I have understood the ico mechanism correctly. But then why is the token trading at $0.37 on Cryptopia?
3) I recall reading that ADST tokens will later be converted to ADS tokens on the ESC chain. Will ADST token holders have to actively approve or make some kind of transfer in order to convert to ADS tokens, or will it be done automatically by a smart contract?

Overall, looks like a great project!

Hi. I'm glad you like our project!
1) This is generally correct, but transaction validators need funding, so it is not 100% of fees, but 84%. 16% goes to nodes involved in the transaction and the rest goes to coin holders.
2) ICO started when ETH was around $250. Prices are fixed in ETH, so you get almost 300% increase from just ether appreciation. Add 30% on top of it and you get prices from Cryptopia.
3) Smart contract can only operate within ethereum blockchain. ESC blockchain has different account system than ethereum so ADST token holders will need to make transaction in order to give information which ADS account is under their control. Only then balance will be converted.