Have some questions about ICO:
1). In your whitepaper you say, that 80% of tokens will be sold. BUT not 80% afterall! What does that mean? How much tokens EXACTLY will be sold on ICO? Cause after reading whitepaper, I cant understand that.
2). In what way will additional tokens be created? As you say - for a healthy system overall.
3). What price are you gonna sell Tokens via your own app? Cause it is stated that some part of 80% tokens will be held and available for purchase in ADx apps. Is it gonna be a fair market price from exchange or your inner rate?
In your whitepaper I can see that 100,000,000 Tokens gonna be created. Price will be from 900 to 1170 Tokens per 1 ETH. Sooo... if I divide total coins supply even by your LOWEST token price it will be = 100mln/1170 = 85470 ETH. And this should be 80% of total supply. If calculationc are correct, then TOTAL mcap will be 85470/0.8 = 106837 ETH!
Explain that please as well
hard cap is 40,000 ETH
The rest of the tokens will be kept in an AdEx Fund address and be vested for 24 months
with a 6 month cliff, and used by the AdEx organization for allowing easy purchase of ADX
within the AdEx dapps themselves, making the onboarding process easier for advertisers
while AdEx is gaining popularity. This also allows for continued project funding, since the
AdEx network does not take any fees or payment.
I'll try to find answers to another two questions...
Update:
2)
quote by Ivo Georgiev:
Tokens in current question are limited supply. One day when the system becomes restricted we'll launch an update to the token and allow everyone to trade old token for equal number of new token. This will create a difficulty for exchanges, but it's a very long term plan and the system will be successful if it's ever needed3)
exchange rate
