Post
Topic
Board Tokens (Altcoins)
Re: [Ann] [OTN] Open Trading Network | OTN Token | Uniting the crypto world
by
anypoint
on 01/01/2018, 14:52:06 UTC
Just got an air drop from this token

But ran the the numbers...............

Then worked out over three quarters were dropped in there own wallets.
The drop being the holding bonus of 2000000 tokens, but just over 320000 were sent to active wallets (some of these would be staff i guess).
The others being OTN workers (IQ Options) wallets. So its like i will share this 20 will you lot, but splitting it and keeping 10, then splitting the 10 and keeping 5, then getting a whole load of change and splitting that.

To be fair I read the white paper and it does not say there not giving to staff, but does seem misleading ,as i did not notice this fact the first time reading.

So it seems of the 21million total tokens they give as bonus for using platform and holding, over 75% of that goes to themselves.

I kind of hope I've missed the point here or made a mistake. Please correct me if i'm wrong.

In a way i feel silly pointing this out as i am still holding (four figures $), but also feel this should be pointed out, as i missed it first time round.

All that being said, i still think its a good project if they do what they say there going to do (they have so far) and the FEE's are not too high.

I'm assuming the tokens can be used to pay transfer fees after the token swap later on.