Quote from: vdramaliev on March 26, 2017, 11:30:05 AM

Hello everyone!

Such a long discussion here and I was only gone a few hours!

Ignore the trolls, the spreadsheet has nothing to do with us. But I have something that does.

We now have æternity's contribution campaign details!

I am looking forward to the avalanche of questions

Regards,
Vlad

My only concern with the amounts in the contribution campaign details is the current high value of ETH.

The first round of contributors gets 1000 AE tokens for 1 ETH which seems fine given the total amount of AE is based on the number of contributions so the ratio here doesn't really matter. But since the second round gets a similar amount (800 AE tokens for 1 ETH) it is going to be kinda crappy if the value of ETH plummets in that span of time.

I actually wish you had just set the value of each AE token on USD given the current bubble we are in with alts and potentially even bitcoin over the next 60 to 120 days.

Another concern is that the campaign is a long one with no cap, if I contribute a significant amount in the first 24 hours I could be screwed over by the campaign becoming very successful in round 2 and the total % of AE I get could be much smaller than I originally thought it would be.

You mentioned the 800 AE per 1 ETH could be less in this post, can you describe what would cause a lesser evaluation in round 2? Would a drop in ETH's price compared to USD do it or maybe a significantly more popular campaign in the first day than expected (so more funds raised than anticipated in round 1)?

Thanks and keep up the good work, really looking forward to this project.

gigq

Posts

Merits