Quote from: Sam123 on March 05, 2018, 07:44:19 PM

What discount are we getting now comparing to Q4 2019 the main Initial Coin offering?
Thanks,

The Main ICO will use a reverse dutch auction to price EZIRA starting at $30, and reduces by 5% per day, down to a minimum of $6.44 (30*0.95^30)
The Preliminary ICO prices EZIRA at $0.50 each.
If all of the Main ICO funds sell at the maximum price, this results in a discount of 98.3%, and if it all sells at the minimum price, this corresponds to a discount of 84.4%. It will depend on the level of demand during the main ICO to determine the clearing price of the dutch auction. This high discount reflects the differential between the value of the Ezira network before the team is established to produce a working product, and after the pioneer release has launched.