Post
Topic
Board Announcements (Altcoins)
Re: [ANN PoS+ PoW] eXocoin [EXO] - gen 2.0 - developed from scratch! Free Give-Away
by
zorke
on 21/02/2014, 08:27:29 UTC
?
Not sure what you mean by that.

But maybe I just explain the process - I think this will answer your questionmark:

on launch day we will spread EXO to all investors and to the people from free mail-giveaway. But before we can deliver the EXO we need to have all investments in our wallets. The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). If we would accept that someone finish his escrow some days after the launch then how could we calculate how much any investor will get? We cannot forecast if someone will release his funds somedays after launch or if he will reject it completely. That would change calculations.

One day before launch we will make those calculations and prepare the distribution.

However, if you finish your escrow so that it will be in our wallets at least one day before launch you have the following assurances:
- you can read the whitepaper
- you can take part in an open beta before you need to finish the escrow

regarding open beta: you will get the regular client (with little modifications) that will be used from launch day on as well. Little modifications means that it will only work within a testnet. You will receive some test-EXO automatically so that you can transfer and interact and use the whole program.

I hope that I could help you.


Quote
The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional).


hang on a moment, you can calculate exactly how much to give on launch day. The Escrow, Anon, has the exact figures  for what he has collected and from whom. You can calculate exactly on this basis. given this information

Then you can send the coins exo coins to either Anon or the people directly, as Anon can verify their contacts, and then the LTC / BTC can be released to you.

Even then if a person does not chose to have anon release the coins, he can send the portion back to you (minus his fee) and if exo is that good you will have no problem selling them at nice profit.

You have loudly stated on your first page you can use escrow, and escrow means at the very least the escrow holds both parts. There is no way an escrow can give BT/LTC out to you before you give out you coins. THATS NOT ESCROW. Look at it this way. Would you give your proportion away to people who simply pledge to give you coins after you give them exo....? Because thats what your asking people to do.

I completely agree with this one. I don't know but too many scams have been around lately, I don't know what to think about this one.