Topic: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions - page 320. (Read 406984 times)

No tokens have been distributed as of yet, so how can you say that you "got" 985 tokens? Or are you just basing all of this off of the "Estimated tokens" bar on the ICO dashboard? Because that makes no sense if so. Do you know what the word "Estimated" means?

Also, you are doing the math wrong. If 1 MGO = $0.75 then $100 is not 125 MGO.

Ok i seen no indication in the white paper that they where going to average the tokens based on price swing it actually said the opposite. So my time stamp says i put in 1391 and i got 985 tokens. So please explain the math with numbers not words. Like  as in a formula im not concerned with bonuses or price swings. If i put in 100 bucks and moblie go was worth 25% less than a usd i would get 125 mobile go even if the next day my 100 bucks was worth 200. They counted usd and so am i. Can anyone explain the math simply please. Also please post the section of the white paper. Thank you

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.

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.

Yeah agree - that "usd value" at the moment of deposit seems a total scam! It say's on the ico page that a have x.xxx BTC in escrow ,however they will , have to do reserch to find out accurate BTC time/value for each deposit and it'n not even gonna be near all the bonuses you got if gor on the first day of ICO. I hoped for bitcoin to crash to 800's , only so mobile go will have to pay us around 1.300$ in tokens anyway!
Otherwise litteraly this ICO looks more scammy every day - first problems with ico platform *(that with 50mil gathered , still not fixed) , then this "usd value" bull , now distribution.

I BET there will be problems with exchange listing!

I think it is better the team do test distribution just like ICONOMI and Encrytotal team both did, this help solved alot of problem that occur during distribution.

Related to the tokens distribution, will you be able to use a Wave adress from the android app. ? Or you have to use a laptop version of the wallet to get the token like Eth ?

I must admit, i was a bit disappointing to hear the MobileGo tokens were calculated at the submitted price, not at the end of the ESCROW holding period.

There are a lot of people who would only have a fraction of what they could / should have if they invested early.

Maybe 4 weeks was too long of an ICO?

History has proven that crypto projects can generate $millions in just a few seconds, such as $BAT which raised 45 million in ETH in 45 seconds...................................... Down side is, 7 people own 40% of the supply.

Congratulations on the total funds collected. However, I though the token allocation is totally wrong.

please find below the information included in the Frequently Asked Questions

--" 5. What is the price per MobileGo token?

MobileGo's price per token will be determined by the amount invested divided by the total number of coins. So, if we raise 5,000,000 USD you divide that by 70,000,000 MGO to get .071 USD per token. If we raise 10,000,000 USD the price per token would be .1428 USD."

As the team successfully collected 53,069,235 USD, the price of each token should be 0.7581 USD.That is simple calculation.

However, how could they collect 53m USD? It is illegal to do a IPO through Legal tender without the supervision from the SEC in most countries. They actually get the money though cryptocurrency, That means 53m USD equals 9,918 Bitcoin Plus 37037 Ether Plus 6,741,175 Game plus 1,578,629 Wave plus 136,487 Ans, we just do a little bit research into the historical price of these coins and find out that only if the prices of the different coins were based on the last day of the ICO(25 May 2017), could they top up the value to 53m USD. That is to say,The token allocation should be based on the last day evaluation of the coins collected from the investors, rather than time stamped evaluation.

One simple word. we are all funked by the omnipotent development team. They are so greedy and change the calculation deliberately to exploit most of the early investors.

Haha sorry, I though myself technically savvy but I don't know what that means. So if 40 want it on ether 40 becomes "free-flowing" on there and 60 become "locked"? What do those two terms mean?

no its like if 60 mil of the 100 want it on ETH chain and 40 mil on WAVES then only 60 mil will be free-flowing on the eth chain, with 40 million locked on that chain, and 40 mil free on Waves chain with 60 mil locked

A silly question but when you say token will be "locked" to ETH or Wave, what does taht mean practically? We can't transfer them to Eth/Wave later?

you always make mistakes learning these things...I invested in the DAO without knowing much about cryptos...if you're going to put money that could otherwise buy food you gotta at least read into the project, not just what bitcointalk and some bloggers say. This is money man!

woooooow., take it easy, - Mr. I borned knowing everything and didnt have a single mistake on my whole life -, a sorry isnt enough as i can see.

i will "glance" the whitepaper again then.

Jack - I just saw the DEX waves bug. How do I get a coin if I want to be away from this platform and away from the etherum? is it possible ?


https://bitcointalksearch.org/topic/m.19299626

https://bitcointalksearch.org/topic/m.19299856

In case you don't speak English 1st language or are cryptonoob...you gotta at least GLANCE at the whitepaper.

It says I think that basically there will be 200 million total, 100 million for each chain, with only 100 million accessible at any point, on ETH and WAVES...

So it's a smart contract that locks the unused tokens in other words if there are 100 million tokens in each chain and everyone decides they ONLY WANT ETHER chain then all 100 million WAVES MGO will be locked. If someone decides they want the waves chain instead, they send eth MGO to smart contract which will lock it, say 50 mil, in the ETH chain and release 50 mil in the Waves chain

I don't have the paper up on screen but I'm pretty sure thats how they bridge 2 chains, they create the supply on BOTH chains and lock away the portion that is free on the opposite chain

Congratulations Jack for your patience.

Remember guys if all is ready Jack will tell us. Let's wait the team realizes the idea MobileGO

Regards

yep, sorry, my bad, all clear now.

Please do tell me how it is overfunded? How can it even be overfunded? Only in terms of your profit decreasing? I'd say that the success of the project comes first.

same here.
YAY

Overfounded af anyways.^^