Post
Topic
Board Scam Accusations
Re: Purpose (PRPS) & DUBI (DUBI) Ethereum Token Scam
by
WinLikeStupid
on 25/01/2018, 21:59:00 UTC
As I see it, this is a math problem. I would like to better understand your model and try to figure out how to "solve for X", as it were.

Do your calculations take into account A) the scheduled 20% annual burn of PRPS and B) the range of contract durations being 3/6/12 months ?

It seems like the burn will implicitly increase the value of PRPS by 20% each year, and increase the amount of Eth required as input by 20% each year (assuming PRPS / yr. purchase rate remains constant)

Also I haven't enlisted any PRPS into contracts, but I will assume that different tiers have different interest rates. I know that the distribution of contract duration will be scattered across 3/6/12 months solely on the basis of user variance. This must be taken into account, but does not appear to be.

Athene has said that after either 1 or 2 years he knows he will run out of money, if the "scam" does not take off. I want to figure out all the variables here, it would be great if you could share your findings.