In the event that not all of the coins allocated for Crowdsale are
sold during the Campaign, 50% of the remaining unsold EON will
be distributed among the Crowdsale participants, in shares equal
to possession of the tokens at the time of the Crowdsale's end.
The shares of the Exscudo team, the supervisory board, the share
of technical tokens fund, the Bounty campaign reward, and the
reward of advisors and testers will not participate in the
distribution of the unsold portion of the EON.
50% of unsold EON will form a non-profit organisation Exscudo
Foundation.[/size]
What if the 30k BTC target is not reached (high likelihood)? Are there alternative plans for Exscudo if only 2k BTC is raised by the time the ICO ends?
They'd be lucky if they raise 3K worth BTC. 30K is too much of a goal. No offense but it is overvalued at that.
I'm also waiting on a response from the Dev's (who are pretty darn quiet on here!!??) regarding these ICO points:
So if I understand it correctly:
- using a BTC price of $1444 USD. If Exscudo raises 2K BTC by the end of the ICO = $2,888,000 USD
- 10 million EON initial distribution to ICO investors.
- Leaving 140 720 000 EON
- 140 720 000 EON / 2 = 70,360,000 EON to be distributed to ICO investors proportional to there initial % investment.
- So someone that invested $1500 USD would have a proportional investment 0.0519%
- They would receive a total of 41,706.84 EON
- Then the remaining 70,360,000 will be held in a a "Non-profit organisation Exscudo Foundation."
Do have this correct?
Questions:
1. Is there any lock-up period (1 year....6 months...etc) for the Exscudo Foundation, as well as the team that holds 12% of EON?
2. Is $2.8 million enough to fund the future plans for the project? Specifically, the "Clearing Funds" that Exscudo will require will most likely be a large component of expenditures.
"Clearing funds are funds that will be allocated in fiat deposits to our partner banks in jurisdictions where Exscudo operates. The funds will be used for internal automatic clearing operations and to enable minimum commissions for our users."
3. Are there plans to increase the size of the Board with some External Board members that are not part of Exscudo?
Current Board Members - 1. Andrew Zimin - CEO, Founder; 2. Alexey Sitnikov - CTO, Founder; 3. Julian Kossinov - CFO.
4. The EON's will be distributed to ICO participants after the EON genesis block. Correct? What is the targeted date for the initial launch of the blockchain of the EON Blockchain Platform and the genesis block?
Any clarity on all these questions would be greatly appreciated. Thank you for your time.
you can joining signature campaing or facebook campaign and other bounties to increase your stakes 
