Re: Scam Report: Sylon & Livetree ADEPT

Quote from: BTCHakan on May 18, 2018, 07:32:09 PM

Quote from: Livetree.Adept on May 17, 2018, 07:41:38 PM

Pre-sale 1 SED = 0.0000165 and 1 eth = 12,142 SED
Main sale 1 SED = 0.000165 and 1 eth = 6,071 SED

I've checked the ratio numbers. Actually, you may not be a scammer. I think, your team didn't take the math class ever.

If during the pre-sale ratio is "1 SED = 0.0000165, 1 eth is not equal 12,142 SED. You can buy 60,710 SED via 1 ETH. So you have to pay for me 1.968.218 SED.

What a shame...

Fairly obvious it's a copy error in the CS doc, thanks for pointing that out. Fixed. Here you go:

Quote from: Livetree.Adept on May 17, 2018, 07:41:38 PM

As has been said repeatedly:

March 12 blog post, when the ratio for supply was adjusted https://medium.com/@LiveTree/repositioning-seed-token-buyers-to-power-the-market-ba000316b05e

This retroactively changed the price for all participants to:

Pre-sale 1 SED = 0.0000825 and 1 eth = 12,142 SED
Main sale 1 SED = 0.000165 and 1 eth = 6,071 SED

The initial ratio on bounty was set at investor rate intentionally. This changed retroactively to match investor ratio.

EVERY SINGLE INVESTOR WHO BOUGHT IN THE SALE HAS THOSE RATIOS. RETROACTIVELY. SO DOES BOUNTY.

Why should bounty participants get 6 x the value of investors for their SEED?