There would be no conflict of interest if you guys came up with the algorithm and shared it with us after the ITO ended on coingateway. This would allow people to verify their transaction to see if they received the correct amount of BLOCK. Also, the fact that you guys don't know the algorithm worries me. Who's to say coingateway didn't "set an algorithm that guaranteed [they'd] rake in the maximum amount"?
You can use this page to address your concerns
https://coingateway.net/contact.phpFor now Coingateway updated us with this info :
An update from CoinGateway:
Coingateway has about 40 tickets in-process for payments.
Once those are done, they will do the 10% payouts.
This is likely (but not certain) to happen at around 21:00GMT (5pm EST).
Update on CoinGateway's pricing algorithm:
we looked at volume and set a btc amount
but [the algorithm] is confidential tho i rather not disclose that
let say Bitswift for example
we look at what it takes to buy 0.2 btc worth of bitswift and average the price around that
differnet alt usually have different btc volume equivalent depending on their volume