Quote from: GCInc. on July 07, 2014, 06:46:36 PM

Quote from: GreXX on July 07, 2014, 03:20:28 PM

DGEX mentioned that with their last launch, even with the 10% max per investor cap, the highest investor ended up only buying 6%. They will accept all funds for the entire launch and escrow them. If at the end of the pre-sale, one member has invested an amount that equals more than 10% of the total raised, the amount over 10% will be sent back to that owner. This was decided after much discussion with the DGEX team and I honestly don't personally think anyone will hit close to the 10% mark once all is said and done.

To correct any misunderstandings, I specifically advised Crypti to go lower than 10%. Just by luck and coincidence despite their 10% limit, the FIMK maximum escrow stake was <2% of total currency supply (6% of "IPO") which I consider appropriate. 10% maximum of total currency supply is stretching the limits and I must say I am somewhat disappointed to see that implemented. There just may be whales that are likely ruin the show long term, and it would be wise to prevent that possibility in the rules.

Hey GCInc,

It could be me misinterpreting what got copied over from your communications to our developer board in regards to the 10% number.

Maybe they were just quoting that as the percentage that FIMK used on DGEX?

If it were your launch, what would you personally use? Closer to 2-4%?