Ok good, i thought somthing was wrong with the numbers. I put up 6 eth they where around 215ish i got 985 mobilego. No matter how you do the math its a rip, 100m or 70m. It looks to me like a programmer done his math wrong in the calculation. .76 x 1xxx is a percentage. 1xxxx ÷ .76 is xxx units at 76 cents. Or i could be really sleep would someone help.
you guys got to stop complaining seriously its all clearly detailed in the whitepaper u choose to deposit when you did i sent most of mine when game was at 1.10-1.15 dont hear me crying foul, and if you sent late into the ico it was time stamped at that price it was done fairly stop crying foul already.
Actually, the allocation method was neither contained in the white paper, nor contained on the ICO web page. If they clarified the method on the ICO webpage, there would be less complaint about this.
The Storj tokens which adopted the time stamped method did state it clearly on their ICO pages and their coins have a definite USD value. Therefore the investors could use a different pattern to invest, they could invest a portion of their bitcoin at the beginning and invest the remains at the end. However, the mobilego tokens omitted the information which is so important to investors, and it is really unfair to the early investors who thought it would be using a normal method to distribute the tokens.
If it was a real-world IPO, the company would be conceived as a deceiver. Hiding important information from the investors would result in a class action lawsuit.
In this specific case, I suggest that all the early investors should at least argue with the project team, Cause their method is really lack of good reasoning point, both in theory and practice.
I was here prior to the ICO going live. I invested during the first day of the ICO going live and I invested on the last day before closing.
During all this time I knew exactly what I was getting myself in to. I knew that investments were timestamped. Jack was in here every day telling people just that too. And it was in the whitepaper.
If you are going to invest money, you should take the time to at least glance through the whitepaper. Otherwise you will always be on the receiving end of a beating.
Nobody should argue about this fact with the team, they've made it very clear ever since the start that this was the method that were to be used. I guess that these days where people who basically did nothing but get lucky to be inside of a pump and earn some money think they are entitled to so much.
I do not know you are an advocate of the development team. Could you please send us a link to the white paper? I really can not find what you said in the white paper, and lost of ppl had already invested a lot of coins before the team made it clear.
I am in no way affiliated with the dev team of MGO. I have however been a part of this project as an investor and a believer ever since it was first announced.
It took me about 5 minutes to find it under the Terms in the Whitepaper but here it is: First line, second paragraph:
"Purchasers in the initial sale will acquire MGO in exchange for BTC, WAVES, ETH and GAME
at the USD value
of each investment at the time of investment."
And even if you did not read that in the whitepaper it was told here and on slack time and time again during and before the time of the sale.
If you have not taken every action available to gather all necessary information you have nobody to blame but yourself.