Re: [BOUNTY]: OPEN Platform * 3% Pool! 6M Bounty Token! & Contests!*

I understand that the distribution of tokens has not yet been made to the participants? The administration has already voiced any deadlines when this will be done?

We all waited a long time, already want to close this issue.

Thank you.

I agree. However, as it seem nobody from the team is looking at the thread. They are certainly not responding... Which is kind of strange, if you open the thread.

When will the spreadsheet be updated and when can we remove the signature?

It is kind of commn these days for bounty administrators to delay token distribution way beyond stated timelines on some execuses, the most common being "we've got so much work to do". Unfortunately, they "reserve the right" to do anything including changing bounty rules or outright suspenrion of Token payments. Any responsible project should be able to abide by stated obligations no matter what, or promptly provide information to clarify bounty participants of any genuine, unavoidable delays. Afterall, timelines are integral objects of contracts.

These guys reserved no rights except for removing people for rule violations and they had no disclaimer whatsoever in regards to changes in the distribution terms. They confirmed several times that they are fully committed to sticking to the terms as outlined in this thread while taking into account the adjusted token metrics. And I have no doubts that a team of their caliber is surrounded by sufficient legal expertise guiding them to exactly do what they publicly announced.

Quote from: OpenMoneyBTT on March 06, 2018, 07:10:55 PM

Quote from: temple on March 04, 2018, 10:01:53 PM

Quote from: OpenMoneyBTT on March 03, 2018, 07:54:01 PM

Quote from: temple on March 02, 2018, 11:04:39 PM

Quote from: temple on February 28, 2018, 11:59:28 AM

I would like someone from the OPEN team to respond.

In your Medium blog article it says that there will be a 3% bounty pool from the tokens being up for sale (while you are not stating that in this thread). That's 15 million tokens. In the announcement of this thread is an overview about the bounty pool distribution, which says 40% go towards the signature campaign (6 million tokens). As a few projects tried to scam bounty people after the ICO was done by diluting the pool or changing it, I would like you to confirm the numbers you presented on page one with the adjustment of the overall bounty pool now being 15 million tokens. The repercussions for the few projects trying to deceive bounty hunters have been severe and I don't like to be deceived either.

As I made clear before in another post your headline advertisement "🔵 OPEN Platform 🔵 * 3% Pool! 6M Bounty Token! & Contests!*" is already misleading, as your bounty pool is far from 3%. Of course, you could say 3% from anything, but what's the point of using a percentage number at all then? As a matter of fact your bounty pool is no more than 1.5%, but it's up to you in which way you are going to advertise the project. I know that regulators have a pretty clear stance when it comes to advertising ICOs these days.

Please take the time to make clear that you are going to adhere to the terms you defined in the beginning (with quantitative adjustments towards the overall size of the bounty pool, which is 1.5% of total supply) and that you are not going to change the defined terms after the campaign has now been running for several months. People have clear expectations, and you intentionally helped forming those expectations.

Looking forward to your answer!

Although I do believe that you guys are absolutely professional, I am a little bit disappointed that no answer has been provided in regards to the quoted post above. It wasn't the first time that I asked a bounty related question, but none of them has been answered or commented on.

I would like to kindly ask you to comment on that post. Thank you very much!

Hi there folks, thanks for reaching out and sorry for the delay.

There might be a confusion because our token metrics have changed through time for the best of everyone's interest. Don't worry, allow me to clear this up:

A 3% of our TOTAL SUPPLY of 1,000,000,000 tokens will go towards our bounty contests. This means that a total of 30,000,000 OPEN tokens are on reserve to go out to bounty participants.

Hopefully that cleared up your questions.

Thank you very much for taking the time to explain the issue. This means that according to the terms provided in the bounty thread, the following numbers can be expected by bounty supporters:

CAMPAIGN ACTIVITIES & DISTRIBUTIONS (old terms):

Signature & Posts on BitcoinTalk: 2.4m OPEN (40%)
Contests: 900K OPEN (15%)
Content Campaign: 1.02m OPEN (17%)
Translation Campaign: 180k OPEN (3%)
Slack/Telegram/Twitter Campaign: 1.5m OPEN (25%)

CAMPAIGN ACTIVITIES & DISTRIBUTIONS (new terms):

Signature & Posts on BitcoinTalk: 12m OPEN (40%)
Contests: 4.5m OPEN (15%)
Content Campaign: 5.1m OPEN (17%)
Translation Campaign: 900k OPEN (3%)
Slack/Telegram/Twitter Campaign: 7.5m OPEN (25%)

Is that correct?

The percentage amount of tokens allocated for each section of our bounty hasn't changed. The only thing that changed is the total supply which obviously made the percentage amount of tokens allocated to our bounty go up.