Post
Topic
Board Altcoin Discussion
Re: Just made a million by investing an ICO with my friend, what now?
by
coinholic
on 07/03/2018, 22:30:19 UTC
Two months ago I found a website with all sorts of ICO information.
Immediately I told my friend Edward and after researching on Holdernews for 3 days,
together we put 5000 dollar to invest
the token had just hit 1 million dollar yesterday on OKEX
What now, how should we split?

update:
200x is reasonable since we buy in at the price of PRIVATE SALE
I know, right? The ICO game is rigged... people investing in private sale stage always get the best price...

It depends on who invested more. You can easily compute the split if you were able to identify the distribution of investment. You just have to come to an agreement as to what ratio or percentage will be applied based on your distribution of investment. Once you have come up with that ratio, then use it on your profit to compute and determine the split.