Quote from: unent on March 30, 2014, 01:00:27 AM

Quote from: NWO on March 29, 2014, 09:55:48 AM

Quote from: kingbtcvl on March 29, 2014, 09:53:15 AM

now that you have officially stated the conditions for the second stage of the ipo, let me be the first one to ask critical questions about your proceeding.

note that i am asking this qestions under the asumption that the upper cap of the 230 btc for the second stage will be reached, but as you obviously assume that yourselves according to the follwoing statement my questions have a right to exist.

Quote from: exokk on January 26, 2014, 06:02:04 PM

Quote from: titan20 on January 26, 2014, 01:32:19 PM

Is it possible that an early bird adapter gets less EXO for 1 btc then a second-stage adapter [...].

[...] it is very unlikely that this will be really the case. We are expecting an steady increase in attention and investments over the time till launch.

why do you think that an early bird investor deserves a whopping 67% more eXo for his investment compared to a potential investor of the 2nd stage?

even if you consider a 67% advanatage for early birds to be fair, why do you insist on the upper cap for the second stage instead of using the formula

Code:

(1.67 * early bird investment + second stage investment)/(1.67 * all early bird investments + all second stage investments) * 42000000,

which gets rid of the upper cap, but sill yields the same 67% advantage for early birds?

Sounds fair to me. Otherwise, what was the point of being an early bird?

Early bird's take more risk than late adopters, so they should get a bigger share.

That's correct.
Earlier you adopted, more risk you will experience.
The reward for the first round IPO should correctly be more than later investments.
It's the same situation for most of other IPO process.

Dervie

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