Topic: 8) MIB 8) (Read 123 times)

how about the progress? I have visit the link for value contract and the latest transaction is 15 days ago

As a way to prove that diversification works, see:

https://ibb.co/kONsBJ

Value on contract is always viewable at real time: https://etherscan.io/address/0x18842351112c698405940d90e0e2b76e86be3395#readContract

The initial transaction worth 0.25 eth x10.000 = 2500 MIB tokens

Now those 2500 MIB tokens worth 260254578362783552 wei or oaround 0.26 eth.

It's market variable, yes, but since you are backing your eth on a token (MIB) that uses as support 8 different Bancor tokens, it will be more realiable on a long period of time.

Nothing to hide, also if you think there is any exploitable or wrong on this contract, the value stored in the contract is your bounty, go ahead.
 

Contract can be seen here: https://etherscan.io/address/0x18842351112c698405940d90e0e2b76e86be3395#code

CONTRACT EXPLANATION:

The contract will automate the investment process on 8 tokens, this means, a SINGLE token backed by:

• EOS
• ELF
• Pundi X
• POA
• Dragon
• SIRIN
• Wax
• PowerLedger

You can verify them all on the contract.

THIS IS THE FIRST VERSION WE WILL EMIT, IF YOU WANT OTHER TOKENS TO BE ON A SIMILAR CONTRACT ONLY ASK FOR THEM, 8 PER CONTRACT, WE WILL USE FEES TO COVER FUTURE DEPLOYMENTS.

Initial token supply on contract is ZERO. While you send ETH to contract, it generates an amount of tokens for you depending on the stage. The initial stage will be for a fixed rate of exchange, you will receive 10.000 MIB tokens per ETH.

Once 10 million tokens have been sold, the contract will then change to an automated price mode, the price will be calculated depending on the ETH value stored on contract and the Total Supply at that moment.

You always will be able to claim back your multiple tokens part simply sending the MIB tokens back to the contract. Your part is calculated directly as a relation between your MIB tokens and the total supply until the moment.

NOTICE:
*The admin can only update the bancor addresses in case they change something, this no affect your funds withdrawal.
*If the tokens held on contract increase on value, your MIB token will increase on value.
*If you acquire tokens during the initial phase the chances are the you will receive a better share from the contract.
*This contract interfaces you with multiple BancorRelays, you can verify every address, source is public.
*There is a fee of 0.5% on purchase or withdraw, nothing more, nothing less.
*To make use of this contract, you have to set the GasLimit as follow:

• For purchase: 6.000.000
• For withdraw: 500.000

*Remember, you are handling 8 different currencies at once, you are free to use the contract but it's recommended to send almost 0.1eth when invest.
*Recommended time to buy is when token market gets low and retrieve when token market gets high (common sense).
*You can check the max gas price the contract will allow to choose: reading the contract at etherscan, you will see the viewGasPrice function available.

Remember!!!!!: This is a diversified invest contract, only invest what you can afford.

We are working to list the token on Myetherwallet and Etherscan so you can trust the source, but the contract is clear for you all.

The token watch parameters are:

• Token Contract Address:0x18842351112c698405940D90E0e2B76e86be3395
• Symbol: MIB
• Decimals: 18
• ENS address: soon!

Notice: We don't give any warranty on the code, it's opensource (Github soon), feel free to use it but remember to say thanks on your code, copyrights still exist.

If this project seem interesting for you or help you in any way, please share it, you will support our work as developers, peace!