Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
by
theFork
on 23/04/2014, 18:40:11 UTC
I crunched some numbers on the IPO, assuming 17000+40% for BTC and 3400+40% for MSC, and I'm not getting quite the same limits as announced here.

At this time we have total donations of:

MSC: 94237 = 448 570 425 Safecoins
BTC: 6132.88 = 145 962 544 Safecoins

The Safecoins going to BTC investors will come from the Safecoins bought by Maidsafe using their loaned MSC. The sum of transactions from the Maidsafe address which has so far donated 32 925 MSC=156 722 146 Safecoins.

This means the total remaining Safecoins to be handed out to BTC investors are:

156 722 146 - 145 922 544 = 10 759 602 Safecoins

This is equivalent to another 452 BTC. In other words, the total BTC accepted for investments should be:

BTC total: 6548.96

Another interesting observation: only 35% of the fund-raiser was funded through BTC, the remaining 65% going to MSC investors. Of those 65%, a whopping 85%, or 248 million Safecoins, went to 15 adresses.


exactly.

The only way to rebalance this is MS will have to a second any maybe third round f giving more to BTC holders from their 3 Billion or dev stash. That way they will get a much better distribution.

Also does any one feel MSC gets a free ride of BTC?