Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] Spectre.ai - raised $16.6M - Crowdsale complete - Beta soon
by
Spectre.ai.team
on 04/01/2018, 15:25:20 UTC
Is it possible to convert Dividend Tokens back to Utility Token?

A few pages back I read that the relation is 85% D-Token vs 15% U-Token.
And on top the amount of token is multiplied by 2, because the team/supporter get the same amout. I hope I understood it correctly.

But that also means, that the dividend is divided by a really huge amout of D-Token -> less payout per D-Token

Why didn't you convert the Tokens for the team the opposite?
for every D-Token the teams gets a U-token and reverse? That would lead to a 50:50 ratio and would be much better in my opinion.


from your forecast excel sheet:
Total Tokens Issued (Utility & Dividend)   183'255'532
Dividend Tokens as % of Overall Token Sale   85%
Dividend Tokens issued   155'767'202

is that correct?


No, the conversion process is irreversible.

From the beginning of the two tokens it has been stated that the float tokens would mirror the ico tokens.