Post
Topic
Board Announcements (Altcoins)
Re: [ANN] YUMERIUM - AN INCENTIVIZED, BLOCKCHAIN BASED, OPEN GAMING PLATFORM 🕹️🕹️
by
blokceyin
on 15/11/2018, 23:36:20 UTC
Actually I don't see any scam here. They burned total supply and all of our number of tokens decreased with the same ratio. It's such a cool and promising project.

Total Tokens: 633,813,700. A total of 2% (12,676,274 YUM) of the total token supply will be assigned to the Bounty Pool.  These figures were given for participants in the bounty program. But as the time of payment came (literally in 2-3 days), the bounty pool decreased from 12,676,274 JUM to 527,240
P.S. If they wrote about a% of the amount raised, this is one thing, and when they give you specific numbers in tokens, this is another thing ...


C'mon my friend. As you can see team's tokens decreased by the same ratio. If they would give the 12M tokens to us, bounty participants 1/3 tokens would belong us and that wouldn't be good thing for the project, you know... Sales didn't go well in this bear market and here we are. I don't see any bad intention in here.


Perhaps they have also reduced their number of tokens, but to say from the very beginning that the pool for bounty is 12m = more than $ 1 million, but after work done (more than half a year!) To make a pool of less than $ 60,000, to say the least this is cheating. From the very beginning (if they had plans to reduce the pool so much if there were small sales) it was necessary to say this in the rules, or to be attached to the raised amount in ICO. But no, they decided to say 12m of tokens, and then deceive!

They state the ratio as 2% but you might be right, maybe they shouldn't say a specific value for it. But still it's not enough for me to call them cheater or scammer. It might not be the best decision but bounty participants accusing them a bit too cruelly imho. I don't know maybe they can make us a favor and make peace with all the participants. It would be not cool to see such a nice project fall down because of just a single though decision.

Cheers.