Hello
udppro,
math is obviously is not the strong side, so let's clear it again.
I have calculated one more time.
Here it was the mistake before:
total sold tokens = pre-ico tokens +ico tokens
6 247 267 = 1 050 000 + 5 197 267
http://prntscr.com/g3h14efrom here
https://etherscan.io/token/0xa7f976c360ebbed4465c2855684d1aae5271efa9#balances"burned" tokens (unproduced tokens that could be sold)
14 700 000 - 6 247 267 = 8 452 733
sold tokens = 70% of all tokens that might be produced
100% of tokens that will be exist after smart contract produce them in this way
https://github.com/TrueFlip/trueflip-contractsare
6 247 267*10/7 =
8 924 667.14285Here may be some small corrections according to changed bonus after crossing the 2000btc boarder.
And may be not.
20% of all tokens to the team
1784933.42857
10% of all tokens
892 466.714285
5% of all tokens for the Advisory
446 233.3571425
3% of all tokens for ICO bounty
267 740.0142855
2% of all tokens for the Escrow
178 493.342857
The Whitepaper says that bounty is 5% but doesn't say that all of them will be distributed in ICO bounty.
ICO bounty was announced with 630 000 tokens that are 3% of 21 000 000 token limit.
There is no decreasing in bounty stake of all tokens.
There is decreasing in bounty tokens quantity because of decreasing the sold token quantity.
The quantity of Team token, Advisory tokens and Escrow tokens decreased too.
Everything is OK with this because tokens save their value.
Best Regards,
TrueFlip.ioHello udppro,
thank you for your calculations.
Why the bounty program is deeply not fair?
"We invite you to join our bounty campaign! True Flip bounty fund consists of 630 000 True Flip Tokens."
3 WEEKS
for two calculate, easy, easy.
I understand that the math don't is your strong...
The bounty was out of the crowdsale their have invent the mistake
SEE WE WHY?
21,000,000 TFL Total
420,000 TFL Escrow 2%
630,000 TFL Bounty 3%
1,050,000 TFL Advisers 5%
4,200,000 TFL Team 20%
6,300,000 TFL (Already distributed not Crowdsale)
21,000,000 TFL Total - 6,300,000 TFL = 14,700,000 TFL (Crowdsale 70%)
if now you calculate the bounty with the sold of ico also with other (Escrow,Advisers and Team) it must the sameWe hope you will not go mistake also with data below:
Crowdsale Result
1,050,000 sold-presale-ico
6,247,267 sold-ico
7,297,267 of 14,700,000 TFL (7,402,733 burning)
145,945.34 TFL Escrow 2%
218,918.01 TFL Bounty 3%
364,863.35 TFL Advisers 5%
1,459,453.4 TFL Team 20%
This Bounty Campaign is deeply not fair and put the whole the team of trueflip lottery in bad light for a successful future
After the recent news ... Today:
TFL/BTC 0.00032300 -21.41% (
https://hitbtc.com/exchange/TFL-to-BTC)
but not finish here...I think if they really change the bounty...
this will be worse than a class action because
the project will be considered a scam and
We will send TFL token to 0
Team of TrueFlip ... meditate well
It isn't been correct respect at public white paper where you have decrease the bounty from 5% at 3% , for the mistake of information contained for then correct it only at the final rush.
We aspect now that the final total supply is : 7,297,267 TFL (this will it should be crowdsale result)
Now for make ends meet and it be fair It should reflect the original declaretion of WP with the amount TFL delivered to all members with the same proportionates:
145,945.34 TFL Escrow 2%
218,918.01 TFL Bounty 3%
364,863.35 TFL Advisers 5%
1,459,453.4 TFL Team 20%
