Re: [ANN][BRO] Coin Sale LIVE! |Breakout Coin|Virtual Mining Rig|CELEBRITIES|Gaming

So there will be 12,500,000 Bergstake, correct?

What if all Bergstake is not bought before the end of the ICO? Will that Bergstake be created and staked by the devs or some centralized entity? I think such a plan would be very bad (TM).

It would be best, and preferable in terms of decentralization, if Bergstake were limited to the number of coins sold during the ICO, and if more coins were needed for downstream use, then those coins would be created without corresponding Bergstake.

Hi Tx42,

Yes I agree. Especially forgoing a PoW phase, it's best for the coin if no one big buyer comes in and swoops up too much Bergstake.

If there are unpurchased coins after the complete Coin Sale, one thing for sure is that those coins will not be created with Bergstake and staked by the devs or a centralized entity.

Let me get this straight, if only 2mm coins are sold in the ICO then there will only be 4.5mm Bergstake, 2.5mm for Breakout team and 2mm for ICO?

Keep in mind that there's a minimum amount of btc raised to continue project development either through the Coin Sale or Private Sale.

Quote from: BreakoutGaming on October 27, 2014, 09:09:58 PM

D. Approx 700 btc goal for initial phase
E. If the total amount of btc raised falls short of the proposed 700 btc amount, we will raise the remaining amount through a "private" sale.
F. Once the 700 btc criteria is met, the "coin sale" will end.
G. Remaining coins will be sold at a later date to be announced by Breakout Coin on this forum.