Post
Topic
Board Tokens (Altcoins)
[ANN][ICO]🇨 Crypterium - Digital Cryptobank with Credit Token & Open Platform🇨
by
xianbits
on 08/01/2018, 23:27:07 UTC
I have a question:

Due to the fixed rate 1 CRPT = 0.0001 BTC, and the BTC price increase over the past few months, the number of tokens sold is vastly lower than the announced 300 million cap. They raised 3000 BTC, which makes 30 000 000 tokens, maybe 40 000 000 with the bonuses and etc.

How much tokens we we have in circulation total ? The difference between 300 million and 30 million tokens in circulation is massive in terms of potential value per token. 30 million tokens makes it closer to Bitcoin in terms of potential market cap increase.

How much does the team get ? We know that the users will receive 70% of the tokens ,does that mean that the team has 30% over these 30 million (10 million) or 100 million (30% of the total 300 million cap) ?

I'm just trying to calculate how much coins we will have in circulation at the exchange launch day.
"All unsold and unallocated tokens will be destroyed and additional release of tokens will not be possible." I found it in their website and it also says there that 70% of the supply will be distributed to the community. In my understanding, if the total sold tokens is 40 000 000 (as per your estimation), this stands for the 70% of the total supply. So, the total supply shuld be around 57 000 000 tokens and the rest must be burned. I hope someone from the team will clear this.
Also, I just want to correct that 30% of 300 million is only 90 million not 100 million.