Post
Topic
Board Speculation (Altcoins)
Re: SportyCo token (SPF) - Price speculation and discussion
by
jevee
on 20/09/2018, 21:57:06 UTC
Good news! Smiley
SPECIAL BONUS: AVAI Token presale mechanics on SportyCo.net

When announcing the Avaí FC Token Crowdsale, we’ve also announced a special presale for all SPF Token holders.

Let’s dig a bit more into the details of the presale and special deal we have prepared for SPF Token holders.

The AVAI Token presale will be set up as a campaign on SportyCo.net, and will run from September 29, 2018, 12:00 UTC till October 2, 2018, 12:00 UTC...

...In the presale a total of up to 400,000 AVAI Tokens will be available, at the valuation of $1 US dollar per AVAI Token...

...The exchange rate between the SPF Token and AVAI Token will be set 3 days before the start of the presale (on September 26, 2018, at 12:00 UTC) and will be calculated as follows:
1. At the set date and time we will look at the average market price of 1 SPF Token on exchanges, while we will check the price officially published on https://etherscan.io/token/0x85089389c14bd9c77fc2b8f0c3d1dc3363bf06ef.
2. This price will then be multiplied by at least a factor of two (2);
3. The price with this bonus included will be the base price used to set the exchange rate against AVAI Token (which value is predetermined at USD 1)...

Read all the details with examples here.


Price has gone up nicely, ATM we are at 0,027$ or 500 sat. More then doubled in 11 days. :O
If we would reach 0,035$ by the 26th and whole crowdsale is successful then there would be approximately 5.6 mil tokens burned.