[ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions - page 349.

raymonddaf

sr. member

Activity: 392

Merit: 250

Quote from: Jack Kuveke on May 23, 2017, 02:57:47 PM

Quote from: metallicelmo on May 23, 2017, 02:54:20 PM

Can anyone briefly explain what actually happens next? I decided to fund this project with a little ETH, I see the confirmation on the page, but how / where do you get these MobileGo Tokens in return? Is this the smart contract thing you get in return?

You just have to wait up to 24 hours for your tokens to appear.

You don't receive the tokens until after the crowdsale ends. You will receive a newsletter saying when you can receive the tokens after we perform audits to ensure investors get the proper amount of tokens. After the newsletter is released you will see a "receive mobilego" button. You simply click this button and input a waves or ethereum address (wallet that accepts ERC20 tokens).

Anyone know if the jaxx mobile wallet will accept the tokens?

metallicelmo

sr. member

Activity: 882

Merit: 252

Quote from: Jack Kuveke on May 23, 2017, 02:57:47 PM

Quote from: metallicelmo on May 23, 2017, 02:54:20 PM

Can anyone briefly explain what actually happens next? I decided to fund this project with a little ETH, I see the confirmation on the page, but how / where do you get these MobileGo Tokens in return? Is this the smart contract thing you get in return?

You just have to wait up to 24 hours for your tokens to appear.

You don't receive the tokens until after the crowdsale ends. You will receive a newsletter saying when you can receive the tokens after we perform audits to ensure investors get the proper amount of tokens. After the newsletter is released you will see a "receive mobilego" button. You simply click this button and input a waves or ethereum address (wallet that accepts ERC20 tokens).

Thanks!

Jack Kuveke

sr. member

Activity: 630

Merit: 252

Quote from: metallicelmo on May 23, 2017, 02:54:20 PM

Can anyone briefly explain what actually happens next? I decided to fund this project with a little ETH, I see the confirmation on the page, but how / where do you get these MobileGo Tokens in return? Is this the smart contract thing you get in return?

You just have to wait up to 24 hours for your tokens to appear.

You don't receive the tokens until after the crowdsale ends. You will receive a newsletter saying when you can receive the tokens after we perform audits to ensure investors get the proper amount of tokens. After the newsletter is released you will see a "receive mobilego" button. You simply click this button and input a waves or ethereum address (wallet that accepts ERC20 tokens).

metallicelmo

sr. member

Activity: 882

Merit: 252

Can anyone briefly explain what actually happens next? I decided to fund this project with a little ETH, I see the confirmation on the page, but how / where do you get these MobileGo Tokens in return? Is this the smart contract thing you get in return?

thepo1m

hero member

Activity: 658

Merit: 500

Quote from: Freaks on May 23, 2017, 02:03:15 PM

Over $42M has been raised this is amazing much hard to believe what is happening there but we have to on it. I think this will change the life of all investors because it turned into mega project and price will explode after the launch.

$42 million to me seems like over capitalisation, I can see the price having difficulties moving up because it is going to take time before the investment is justified. We wait and see if there is a dump and buying opportunity when listed on exchanges

xtyling

sr. member

Activity: 588

Merit: 250

Crypto is Life!

When is it planned for coin distributions ?

the-bitcoiner

full member

Activity: 153

Merit: 101

Quote from: the-bitcoiner on May 23, 2017, 02:28:23 PM

i sent 110 eth to mobilego. when will my balance update?

guys how often balances update?

jayohby

full member

Activity: 192

Merit: 100

I invested a small amount into this project.

I know the team is strong but the multi currency ICO aspect has scared me off at first.

Hoping for a good success long term

giftcardgod

newbie

Activity: 30

Merit: 0

Quote from: Freaks on May 23, 2017, 02:03:15 PM

Over $42M has been raised this is amazing much hard to believe what is happening there but we have to on it. I think this will change the life of all investors because it turned into mega project and price will explode after the launch.

thank you lol that actually cleared things up more then a anything for me

xtyling

sr. member

Activity: 588

Merit: 250

Crypto is Life!

I have 19hr to evaluate this project potential. I have 3 BTC. What is the potential of game projects such as this one ?

the-bitcoiner

full member

Activity: 153

Merit: 101

i sent 110 eth to mobilego. when will my balance update?

gullu

full member

Activity: 457

Merit: 103

mistake on my part. will update in time.

Freaks

legendary

Activity: 1554

Merit: 1001

Over $42M has been raised this is amazing much hard to believe what is happening there but we have to on it. I think this will change the life of all investors because it turned into mega project and price will explode after the launch.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: Zechis966 on May 23, 2017, 01:36:26 PM

Quote from: Jack Kuveke on May 23, 2017, 01:34:24 PM

Quote from: Zechis966 on May 23, 2017, 01:19:30 PM

I'm such a math amateur (I can't even remember long division) but my logic feels sound regardless if Jack misthought in the beginning of the posts.

If we as investors aren't technically entitled to ANY of the 30million reserved then why would you count it in the 70% we are entitled to through donations? It makes zero sense because every investment would then be going towards 30% they can't touch. Whereas the 70% are available for us and thus the total investment would be logical market value...which is then applied to the 30% that they reserved for themselves because clearly the market (with an availability of 70% total coins) decided the value

It wasn't even a miss thought. Marketcap is based on 100 million. But investors are purchasing 70 million. Investors determine the price of mobilego based on 70 million tokens in their hands.

Ok ok it seems like people are confusing market cap with market value.

The cap will be final market value at end of ico X 100 million correct? While the market value will be final funds divided by 70million?

In theory, no one wants to sell for less than they bought for, right? So to determine the "floor" price you take the amount bought (70 million) and divide by the amount raised in timestamp USD (Probably around $30 million). Or around .43 cents. However, a lot of people are going to just look at the final USD totals (probably around 45 million) and use that number instead or about .64 cents. In addition a lot of early investors have seen their spent GAME go up 400% and their spent BTC go up 200% and so they will probably not be looking to sell at anything less than 3-6x their original investment or around $1.25-2.50.

So these market forces along with potential announcements will determine the market price for one MGO. Then that price will be multiplied by 100 million to get the total market cap.

Zechis966

sr. member

Activity: 350

Merit: 250

http://cointedtoken.com/

Quote from: Jack Kuveke on May 23, 2017, 01:34:24 PM

Quote from: Zechis966 on May 23, 2017, 01:19:30 PM

I'm such a math amateur (I can't even remember long division) but my logic feels sound regardless if Jack misthought in the beginning of the posts.

If we as investors aren't technically entitled to ANY of the 30million reserved then why would you count it in the 70% we are entitled to through donations? It makes zero sense because every investment would then be going towards 30% they can't touch. Whereas the 70% are available for us and thus the total investment would be logical market value...which is then applied to the 30% that they reserved for themselves because clearly the market (with an availability of 70% total coins) decided the value

It wasn't even a miss thought. Marketcap is based on 100 million. But investors are purchasing 70 million. Investors determine the price of mobilego based on 70 million tokens in their hands.

Ok ok it seems like people are confusing market cap with market value.

The cap will be final market value at end of ico X 100 million correct? While the market value will be final funds divided by 70million?

Zechis966

sr. member

Activity: 350

Merit: 250

http://cointedtoken.com/

Quote from: Xmr fan on May 23, 2017, 01:30:34 PM

Once the ICO is over, which exchanges will be trading this token?

I don't think they've officially announced yet, though you can always check if bittrex already has a wallet and page set up...even though I hate polo it will obviously provide an upward trend as it does with all new promising projects lately.

That coupled with GAME already being on tons of exchanges, and MGO being a structure for GAME, makes it even more likely we'll see it on every exchange that currently trades GAME

Jack Kuveke

sr. member

Activity: 630

Merit: 252

Quote from: Zechis966 on May 23, 2017, 01:19:30 PM

I'm such a math amateur (I can't even remember long division) but my logic feels sound regardless if Jack misthought in the beginning of the posts.

If we as investors aren't technically entitled to ANY of the 30million reserved then why would you count it in the 70% we are entitled to through donations? It makes zero sense because every investment would then be going towards 30% they can't touch. Whereas the 70% are available for us and thus the total investment would be logical market value...which is then applied to the 30% that they reserved for themselves because clearly the market (with an availability of 70% total coins) decided the value

It wasn't even a miss thought. Marketcap is based on 100 million. But investors are purchasing 70 million. Investors determine the price of mobilego based on 70 million tokens in their hands.

Zechis966

sr. member

Activity: 350

Merit: 250

http://cointedtoken.com/

Is the value shown on the ICO page really timestamped? I watched it go from 37 to 35 yesterday when bitcoin dropped and ETH did to 140.

Hmm very confusing but regardless the market has spoken and this project is the next big one

Xmr fan

newbie

Activity: 33

Merit: 0

Once the ICO is over, which exchanges will be trading this token?

Zechis966

sr. member

Activity: 350

Merit: 250

http://cointedtoken.com/

Quote from: Johnny00 on May 23, 2017, 01:23:29 PM

Quote from: Zechis966 on May 23, 2017, 01:01:04 PM

Because 100 m tokens in total yet only 70m for this crowdsale...so the amount of CURRENT NOT TIMESTAMPED value invested into the crowdfund will only be for 70/100m...i believe that's

So if investors think that one token out of 70m is worth .60+ cents (why else would they invest) then naturally it IS worth that.

After the crowdsale the price of the remaining 30m tokens equals whatever price the crowdfund settled at current value, because that's clearly the value we, the market, have agreed upon otherwise if we didn't we wouldn't have invested for A SHARE OF 70m tokens with a pot of like 42m and growing.

It could be wrong but considering the 30m tokens aren't part of this funding (other than some of the bounty) I don't understand HOW they can be taken into account when determining the price currently.

What the problem here is conflicting info and that info being nonsensical. if we aren't entitled to invest into the other 30 million coins through the ICO, then why would we count them into the equation of how much money is raised towards the 70 million investors are entitled to donate to?

Jack confirmed on slack, its based on 70M

I just confirmed too with a math genius and considering coins get listed based on math not the team saying what it's worth, the 30 million CAN'T be counted in it's not logically possible to publicly invest on tokens you've no right to, and then have that affect market value, because after all the 30% total tokens aren't in the market unless the team trades them...the ones currently being sold to the market are, and therefore are the only ones applicable to determine market value

Topic: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions - page 349. (Read 406984 times)