same here.
YAY
Overfounded af anyways.^^
Please do tell me how it is overfunded? How can it even be overfunded? Only in terms of your profit decreasing? I'd say that the success of the project comes first.
Congratulations on the total funds collected. However, I though the token allocation is totally wrong.
please find below the information included in the Frequently Asked Questions
--" 5. What is the price per MobileGo token?
MobileGo's price per token will be determined by the amount invested divided by the total number of coins. So, if we raise 5,000,000 USD you divide that by 70,000,000 MGO to get .071 USD per token. If we raise 10,000,000 USD the price per token would be .1428 USD."
As the team successfully collected 53,069,235 USD, the price of each token should be 0.7581 USD.That is simple calculation.
However, how could they collect 53m USD? It is illegal to do a IPO through Legal tender without the supervision from the SEC in most countries. They actually get the money though cryptocurrency, That means 53m USD equals 9,918 Bitcoin Plus 37037 Ether Plus 6,741,175 Game plus 1,578,629 Wave plus 136,487 Ans, we just do a little bit research into the historical price of these coins and find out that only if the prices of the different coins were based on the last day of the ICO(25 May 2017), could they top up the value to 53m USD. That is to say,The token allocation should be based on the last day evaluation of the coins collected from the investors, rather than time stamped evaluation.
One simple word. we are all funked by the omnipotent development team. They are so greedy and change the calculation deliberately to exploit most of the early investors.
I must admit, i was a bit disappointing to hear the MobileGo tokens were calculated at the submitted price, not at the end of the ESCROW holding period.
There are a lot of people who would only have a fraction of what they could / should have if they invested early.
History has proven that crypto projects can generate $millions in just a few seconds, such as $BAT which raised 45 million in ETH in 45 seconds...................................... Down side is, 7 people own 40% of the supply.