Quote: "Cost structure of WBB Exchange Shares:
1 – 37500 = 0.00275 BTC per share
37501 – 75000 = 0.00550 BTC per share
75001 – 112500 = 0.00825 BTC per share
112501 – 150000 = 0.01100 BTC per share"
More than 1030BTC looks like ICO, after receive payment for shares dev can abandon poject. No proof, exchange will be developed in future. 1030BTC is big amount
Hi,
If you look it this way correct it looks a lot.
However:
1.) Registering an intent does not mean people are accepted.
2.) The shares are not sold in one go. These will be made available over time.
3.) Only the first lot is made available this year.
4.) Lot two will come next near when exchange is maturing.
5.) Lot 3 and 4 are in Q2 and Q4 2016. By then the exchange is maturing or getting there.
What also should not be expected is that in the beginning the exchange will have a large turnover. This will take time to develop.
This is for the long term. If a quick profit is expected with 1Ex shares then this option is not the right one to choose.
Your WBB Dev