I'm confused. What's the breakdown of price/token over the crowdsale period of time? Where is it specified?
Ok, so there are 3 phases... and they don't have a fixed end date. A phase ends as soon as all Peerplays tokens allocated to that phase are sold out.
First phase of 100,000 tokens for just $2 per token has already ended, all sold out.
We are now in the second phase with another 100,000 tokens supply for $3 per token (still a bargain) and I noticed it's selling VERY quickly and at this rate will be sold out in less than 10 days.
The third phase will be an auction-style sale of 500,000 tokens that will start one month before mainnet launches, I believe that's going to be around November this year IIRC.
Exciting times!
This info is all listed on the website:
http://www.peerplays.com/news/crowdsale/My Gosh, $3 per token? That's some expensive ICO price ain't it for adopters?
Yes, it kind of seems that way but not really when you consider there are only 1 million coins made available in this ICO as compared to some other ICOs where there were 88M, 100M or even 1.5B coins for sale. And as far as I understand it there will be no inflation, no new PeerPlays coins will be created. (Correct me if I'm wrong)
And these coins will start generating income at some point from receiving a share of the wagering. A lot of interesting upsides to this particular project. I think they made a smart move by tapping into this 50B USD market, there's a piece for us there.
Yes, there will only ever be 1m Peerplay tokens, even with the DAO involved.
As coinuggger said..
Then you have to factor in all the networks that have a profit sharing mechanism that will have their networks actually have BTC ETH and other coins fill up your wallet as you hold them.
Oh wait.. the Peerplays core network token is the only one that does that.
Couple that with serving a $50B annualized industry growing by 12% per year minimum.
Throw in some great gaming and developer talent with decades of experience.
Head it up from a real 64,000 sq/ft cold war nuclear bunker as it's command center instead of mommies basement.
I could go on.. but I would recommend just taking some time to dig into all our materials and judge for yourself.
We want our early supporters to be happy. We have fashioned everything to this ultimate goal.
