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euggio

full member

Activity: 433

Merit: 100

Quote from: Samuray on September 08, 2016, 01:49:07 PM

Quote from: euggio on September 08, 2016, 12:10:31 PM

Quote from: Samuray on September 08, 2016, 05:31:06 AM

Quote from: euggio on September 08, 2016, 03:05:34 AM

Quote from: Samuray on September 08, 2016, 01:44:30 AM

Quote from: euggio on September 07, 2016, 06:44:39 PM

Quote from: Samuray on September 07, 2016, 06:14:02 PM

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?

Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:

After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing

Meaning:

Quote from: DECENT on September 05, 2016, 07:03:05 AM

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)

Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it.

To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate.

Do you have a clearer answer like: yes your correct or no the % that the ivestors(ofcourse I mean ico buyers) are getting is xx% of total supply ?

P.S.I am curious if your going to give me the bullshit formulla again for the 3-rd time as answer Cheesy

Probably yes, probably no, but ask a Decent representative or your crystal ball if you want a glimpse in the future.

P.S. My "bullshit" formula did not help you. Get some help elsewhere. With all due respect.

With all the respect sorry if I offended you, but if you dont have a good answer let the DECENT team respond.

No offense was taken. But it's OK.

chesthing

legendary

Activity: 1414

Merit: 1000

Quote from: Samuray on September 08, 2016, 01:52:39 PM

Hello DECENT!
So again, anyone from the core team knows the right asnwer to my question please?
Correct me if I'm wrong ! The investors(ICO buyers) will get around 50% of the total supply?

For the upteenth time...
There is no limit to ico coins, if a trillion are sold then that's how many there will be. If a million are sold, that's how many there will be. You can't figure out the relation of ico coins to all other coins until the end of the ico.

andme

legendary

Activity: 1422

Merit: 1029

How does it look for the ICO procedure in details? I find only

Quote from: Sandra Wantrubova http://decent.ch/wondering-buy-bitcoins/ on September 07, 2016

When you already have some amount of bitcoins then you can register into DECENT ICO and get DCT in exchange for bitcoins.

Need the instruction step by step.

Samuray

sr. member

Activity: 291

Merit: 250

Hello DECENT!
So again, anyone from the core team knows the right asnwer to my question please?
Correct me if I'm wrong ! The investors(ICO buyers) will get around 50% of the total supply?

Samuray

sr. member

Activity: 291

Merit: 250

Quote from: euggio on September 08, 2016, 12:10:31 PM

Quote from: Samuray on September 08, 2016, 05:31:06 AM

Quote from: euggio on September 08, 2016, 03:05:34 AM

Quote from: Samuray on September 08, 2016, 01:44:30 AM

Quote from: euggio on September 07, 2016, 06:44:39 PM

Quote from: Samuray on September 07, 2016, 06:14:02 PM

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?

Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:

After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing

Meaning:

Quote from: DECENT on September 05, 2016, 07:03:05 AM

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)

Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it.

To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate.

Do you have a clearer answer like: yes your correct or no the % that the ivestors(ofcourse I mean ico buyers) are getting is xx% of total supply ?

P.S.I am curious if your going to give me the bullshit formulla again for the 3-rd time as answer Cheesy

Probably yes, probably no, but ask a Decent representative or your crystal ball if you want a glimpse in the future.

P.S. My "bullshit" formula did not help you. Get some help elsewhere. With all due respect.

With all the respect sorry if I offended you, but if you dont have a good answer let the DECENT team respond.

euggio

full member

Activity: 433

Merit: 100

Quote from: Samuray on September 08, 2016, 05:31:06 AM

Quote from: euggio on September 08, 2016, 03:05:34 AM

Quote from: Samuray on September 08, 2016, 01:44:30 AM

Quote from: euggio on September 07, 2016, 06:44:39 PM

Quote from: Samuray on September 07, 2016, 06:14:02 PM

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?

Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:

After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing

Meaning:

Quote from: DECENT on September 05, 2016, 07:03:05 AM

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)

Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it.

To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate.

Do you have a clearer answer like: yes your correct or no the % that the ivestors(ofcourse I mean ico buyers) are getting is xx% of total supply ?

P.S.I am curious if your going to give me the bullshit formulla again for the 3-rd time as answer Cheesy

Probably yes, probably no, but ask a Decent representative or your crystal ball if you want a glimpse in the future.

P.S. My "bullshit" formula did not help you. Get some help elsewhere. With all due respect.

golfhuso

sr. member

Activity: 476

Merit: 250

Quote from: MatoB on September 08, 2016, 09:21:57 AM

Check out the new look of reference client http://decent.ch/decent-reference-client-got-new-look/

Looking good. Can't wait for the ICO.

MatoB

member

Activity: 112

Merit: 10

Quote from: Wexfgy12 on September 08, 2016, 10:23:29 AM

Looks alot smoother/cleaner. Is the countdown timer accurate? ICO opens @ 14.15 pm GMT Saturday?
Also, can we send Bitcoin from Exchanges/online wallets, or we need to control the private keys we send from?

I have shut down the timer because it was having glitches. The official time is 1:00pm GMT Saturday

cryptospreader

sr. member

Activity: 504

Merit: 250

askNFTY Team Account

Quote from: Wexfgy12 on September 08, 2016, 10:23:29 AM

Looks alot smoother/cleaner. Is the countdown timer accurate? ICO opens @ 14.15 pm GMT Saturday?
Also, can we send Bitcoin from Exchanges/online wallets, or we need to control the private keys we send from?

It is always better to hold private keys of the address that you use to send. It won't take much time and satoshis to transfer from exchanges to your own addresses. Do alway practice to hold privatekeys.

Wexfgy12

full member

Activity: 204

Merit: 100

Looks alot smoother/cleaner. Is the countdown timer accurate? ICO opens @ 14.15 pm GMT Saturday?
Also, can we send Bitcoin from Exchanges/online wallets, or we need to control the private keys we send from?

Watercooler

sr. member

Activity: 334

Merit: 250

Very interesting

MatoB

member

Activity: 112

Merit: 10

Check out the new look of reference client http://decent.ch/decent-reference-client-got-new-look/

MatoB

member

Activity: 112

Merit: 10

Quote from: lokojones on September 08, 2016, 05:33:28 AM

So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.

Hi, we already have developers in our team. The network launch is planned for Q1/Q2 2017.

chesthing

legendary

Activity: 1414

Merit: 1000

Quote from: lokojones on September 08, 2016, 05:33:28 AM

So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.

This ico has early dump written all over it, but it's certainly interesting enough for me to follow.

ecawyna

sr. member

Activity: 294

Merit: 250

🌟 æternity🌟 blockchain🌟

Quote from: lokojones on September 08, 2016, 05:33:28 AM

So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.

Good point. I'm thinking the same.

lokojones

sr. member

Activity: 368

Merit: 250

So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.

Samuray

sr. member

Activity: 291

Merit: 250

Quote from: euggio on September 08, 2016, 03:05:34 AM

Quote from: Samuray on September 08, 2016, 01:44:30 AM

Quote from: euggio on September 07, 2016, 06:44:39 PM

Quote from: Samuray on September 07, 2016, 06:14:02 PM

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?

Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:

After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing

Meaning:

Quote from: DECENT on September 05, 2016, 07:03:05 AM

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)

Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it.

To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate.

Do you have a clearer answer like: yes your correct or no the % that the ivestors(ofcourse I mean ico buyers) are getting is xx% of total supply ?

P.S.I am curious if your going to give me the bullshit formulla again for the 3-rd time as answer Cheesy

euggio

full member

Activity: 433

Merit: 100

Quote from: Samuray on September 08, 2016, 01:44:30 AM

Quote from: euggio on September 07, 2016, 06:44:39 PM

Quote from: Samuray on September 07, 2016, 06:14:02 PM

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?

Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:

After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing

Meaning:

Quote from: DECENT on September 05, 2016, 07:03:05 AM

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)

Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it.

To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate.

Samuray

sr. member

Activity: 291

Merit: 250

Quote from: euggio on September 07, 2016, 06:44:39 PM

Quote from: Samuray on September 07, 2016, 06:14:02 PM

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?

Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:

After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing

Meaning:

Quote from: DECENT on September 05, 2016, 07:03:05 AM

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)

Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

stupidlgr

member

Activity: 90

Merit: 10

Keep the signature in your profile and you can get another stake proportionally to your membership level every week. Moreover, for every 30 posts on the forum with DECENT Signature, you can get another stake based on your membership as well, after the mandatory first 20 posts!

I have a question, so to make 1 stake, we have to post 20 in a week? And we can get 1 more stake if we post 50 in a week?

Topic: - - page 582. (Read 713527 times)