It's so awful when the rules are changing in the middle of a campaign. I took part in because there were very good rewards. But now I see I will get less than 1 ETH for 3 months because manager changed the rules.
There was no information about % of sold tokens. It was clear the reward will be calculated from all tokens. But the rules were changed after 1.5 months from beginning
If you guys would use the time spent at complaining, on educating yourself, you will have a much easier life.
It was clearly stated in the smart contract on github that the bount tokens will represent the same proportion of sold tokens+team tokens.
In the Cartaxi case, it was the exact same thing, if you would have taken the time to read the smart contract you would have known that the bounties were proportinal to the amount sold.
It is really getting annoying for guys like you to fill the pages of the bounty campaign with whining and complains.
Please check the whitepaper detail for PKT ICO sale and all.Let you educate us please
Total amount of PKT token they willing to emit = 100 000 000 PKT
Distribution:
Foundation share : 12 500 000 (12.5%)
Team share : 20 000 000 (20%)
Advisers share : 6 000 000 (6%)
Bounties share : 15 00 000 (1.5%)
And they fixed 60% 60 000 000 PKT for ICO sale.
Q. 1 did they fixed bounty amount according to ICO token amount or whole amount???
Q.2 As I can see ICO amount is 60 000 000 PKT, did they opened even this amount on market for sale during crowdfunding ???I think and I checked every time they fixed only what they sold and declared 100% target achieved which is 11,935,960 PKT.
Now tell me how there calculation comes out according to whitepaper??? If there plan was to open sale for only 11,935,960 amount of tokens then why they calculated intial bounty amount according to 100 000 000 PKT tokens??? Isn't it a manipulation.If they were willing to emit 60 000 000 PKT during ICO sale then they needs to calculate bounty according to that amount and open that amount to public but they didn't opened 60 000 000 PKT tokens in market.I never see that amount of token on their token sale website.
At last I have no problem with project.Its an excellent project but manipulation done to attract marketing personal like us.
If playkey burn the unsold token and also slash the amount of token they reserve for different category like foundation,team,advisers etc then we have no problem to accept the new amount.But who know what they will do if they didn't do anything publicly now.
They sold 11,935,960 PKT from 60,000,000 PKT. Now 11,935,960 is 60% of all 19,893,267 tokens. Everything was calculated in accordance with percentages in WP. You are too lazy to check everything and you accuse of manipulation?
ad. Q2 They sold almost 100% of first stage ICO with 15% bonus, not all 60 000 000 tokens. But it was 60kk tokens for sale.