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Topic: [ANN] [EON] EXSCUDO - ICO successfully finished! - page 487. (Read 357284 times)

full member
Activity: 154
Merit: 100
Any news on what exchanges will it be on close after launch? Bittrex would be awsome, and after some time poloniex? Or will you rather target Kraken?

Polo , please forget it. maybe bittrex or other exchange.
full member
Activity: 154
Merit: 100
Congratulation, it come to a milestone. Hope it get bigger and bigger.
sr. member
Activity: 297
Merit: 250
1 million raised, congratulations guys. EON will be the next big financial ecosystem, so i guess it will grow bigger.
hero member
Activity: 560
Merit: 501
Any news on what exchanges will it be on close after launch? Bittrex would be awsome, and after some time poloniex? Or will you rather target Kraken?
sr. member
Activity: 442
Merit: 250
No doubt, this is a great project. One of the best if they succeed. That s why I m investing in it.
My only concern is that the investors will hold only about 30% of the total amount of the coins. And that creates an imbalance.
Another 30% to non profit organisation Exscudo foundation which is controlled by supervisory board formed from well-known representatives of the
industry and head of management of Exscudo
12% to Dev and founders
20% to Technical tokens fund uses
3% to Supervisory Board
Boounty 1% ...and so on.
However, the investors only controll 30% from the whole amount of 240.000.000 Eons.
And that creates imbalance.
I would like to hear Dev ' s opinion on this.
If the whole amount of unsold coins would have been spread among investors, then the investors would have represented de Majority. But they will only represent just 30%.
Whereas the founders, the technical, the supervisory and the non profit Exscudo organisation, will hold around 65%.
My concern is, and I m addressing this to the Dev.
If only 2k worth of btc will be sold, then only about 70-80 Mil Eons will be in the hands of the crowds. And that includes the spread among investors of the 50% from the unsold coins.
That s 3 times less than the total number of Eons which is 240 mil.
As I once said for ico this has a low target but that does not mean the project is ugly, they are trying to progress to the future development of good. we see one month ahead later!!
sr. member
Activity: 518
Merit: 250
My concern is, and I m addressing this to the Dev.
If only 2k worth of btc will be sold, then only about 70-80 Mil Eons will be in the hands of the crowds. And that includes the spread among investors of the 50% from the unsold coins.
That s 3 times less than the total number of Eons which is 240 mil.
As I once said for ico this has a low target but that does not mean the project is ugly, they are trying to progress to the future development of good. we see one month ahead later!!
legendary
Activity: 1386
Merit: 1003
My concern is, and I m addressing this to the Dev.
If only 2k worth of btc will be sold, then only about 70-80 Mil Eons will be in the hands of the crowds. And that includes the spread among investors of the 50% from the unsold coins.
That s 3 times less than the total number of Eons which is 240 mil.

Well I also want to know what will be done dev with the remaining coins that are not sold
Whether to burn or dev take all the coin, this is very important for investors.
sr. member
Activity: 442
Merit: 250
Yes... In the area of 1 mil $
But thanks. You re right. 1000 btc.
Guys, here is the devopment plan from exscudo.com main page. You could have easily looked for the goals of ICO:

https://exscudo.com/Development_Plan.pdf

1000 BTC is minumum, 30144 is maximum.
sr. member
Activity: 442
Merit: 250
My concern is, and I m addressing this to the Dev.
If only 2k worth of btc will be sold, then only about 70-80 Mil Eons will be in the hands of the crowds. And that includes the spread among investors of the 50% from the unsold coins.
That s 3 times less than the total number of Eons which is 240 mil.
sr. member
Activity: 434
Merit: 257
Guys, here is the devopment plan from exscudo.com main page. You could have easily looked for the goals of ICO:

https://exscudo.com/Development_Plan.pdf

1000 BTC is minumum, 30144 is maximum.
sr. member
Activity: 442
Merit: 250
I agree. Then...50% from the unsold coins will go back to the investors. I think their minimum target was 1 Mil $.
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.
hero member
Activity: 882
Merit: 500
Everything you want, is everything you need.
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.
legendary
Activity: 1526
Merit: 1012
They raised over 1 million $ in pre-sale round at fixed rate of 20k satoshi plus bonus to give early birds some incentive. The trend shows that when the crowdsale will be kicked off it will achieve its all targets. That total number is not very high to think they can create some trouble.
sr. member
Activity: 442
Merit: 250
And the way it is spread:
Percentage & Quantity Uses
62,8% (i.e., one hundred fifty
million seven hundred twenty
thousand (150,720,000) EON)
(the “EON for Crowdsale”)
To be sold during the
Campaign
1% (i.e., two million four hundred
thousand (2,400,000) EON)
Bounty reward during the
Campaign
1% (i.e., two million four hundred
thousand (2,400,000) EON)
Advisers and Ambassadors
reward
0,2% (i.e., four hundred eighty
thousand (480,000) EON)
Bug-bounty and testing reward
for Community
20% (i.e., forty eight million
(48,000,000) EON)
Technical tokens fund uses:
1. For testing and
implementing of colored coins
and cross-blockchain
integration;
2. For the stabilization of the
network;
3. For the launch of new
products and services within
the EON blockchain.
12% (i.e., twenty eight million
eight hundred thousand
(28,800,000) EON)
To be distributed to the
founders and development
team of the Exscudo as their
rewards
3% (i.e., seven million two
hundred thousand (7,200,000)
EON)
Supervisory board reward
sr. member
Activity: 442
Merit: 250
Ok. It s fixed.
Uppercase letters are hard to read
I am happy that it is an ordinary size
sr. member
Activity: 442
Merit: 250
And this clarifies how the non profit organisation works
50% of unsold EON will form a non-profit organisation Exscudo

Foundation.
6. USE OF EON OF THE EXSCUDO FOUNDATION
The EON allocated to the non-profit organisation Exscudo
Foundation, will be primarily used for:
(i) scientific research and development of the EON Blockchain
Platform;
(ii) scientific research and development of the Exscudo security
systems.
(iii) legal, compliance expenses that may be incurred from time to
time to keep the Exscudo and EON running in a lawful and
commercially sound manner;
(iv) academic researches, educational and training materials for
developers and contributions and bounties to the open-source
community of the Exscudo.
7. CONTROL OF THE EXSCUDO FOUNDATION
Management of the Exscudo Foundation will be carried out by the
supervisory board formed from well-known representatives of the
industry and head of management of Exscudo.
sr. member
Activity: 742
Merit: 251
Uppercase letters are hard to read
I am happy that it is an ordinary size
sr. member
Activity: 442
Merit: 250
3. EON FOR CROWDSALE
(i) The total number of the EON is two hundred forty million
(240,000,000) in total,
(ii) The number of the EON for Crowdsale is one hundred fifty
million seven hundred twenty thousand (150,720,000) in total,
which represents the maximum number of EON available for
crowdsale during the Campaign.
(iii) Each Purchaser shall be entitled to purchase any number of
EON out of the EON for Crowdsale (rounded to the eighth decimal
place), subject to the remaining number of the EON for Crowdsale
that has not been sold by then.
(iv) The EON for Crowdsale will be offered for sale at static price
set forth in Section 4 below and will be delivered in accordance
with Chapter III.
(v) The Exscudo OU is not obliged or committed to sell all of the
EON for Crowdsale during the Campaign. The remaining EON for
Crowdsale that are not yet purchased by the close of the Payment
Window, if any, 50% of the remaining unsold EON will be
distributed among the Crowdsale participants (Purchasers), in
shares equal to possession of the tokens at the time of the close
of the Payment Window. 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. The
remaining 50% of unsold EON will be retained by the Exscudo OU
for forming a non-profit organisation Exscudo Foundation.
[/size]
sr. member
Activity: 442
Merit: 250
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?
sr. member
Activity: 442
Merit: 250
Guys...no ofence...but do you read the documentation, the prospectus before asking a question?
It is al written in there.
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?
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