I really had faith in that, but i can see already 2 way how this dev would have make money on us, and this next ICO seems weird.
13BTC of a 500 sat coin makes a lot of growth margin if product are delivered, complaining it's not enough is surrealistic.
I agree. Just buy your own coin then keep delivering what you promised. From there you can slowly sell off as the price increases.
I am sorry if you guys think that way. I obviously cannot say anything to defend myself on this , but if we wanted to do this we could have simply invested Bitcoins in the previous presale we had.
the thing is you have to adjust that exchange rate to 1:1
that way you can still do a 30% ICO/IPO + the about 35% that are already out make 35% for POW
The second phase will see around 30% of INL.
We currently have around 5 million INT in circulation, and at the price of 0.0000080 BTC/INT , the market cap is around 46 BTC including the extra 12.5% offered. This will be merged with the new market cap of INL. If we raise 100 BTC, then the exchange(of INT/INL) will consist of half the INL coins, and this will not be contributing to the developer fund. The developer funds will primarily come from the other half.
Basically INT will become a subset of INL, interms of market cap.