What was the price of the XSL lab token at the last time of sale? I assume that there will be several rounds. Since the bounty program will be running 6 months maximum, I hope the reward will be worth of it because it will be like long journey.
What was the price of the XSL lab token at the last time of sale? I assume that there will be several rounds. Since the bounty program will be running 6 months maximum, I hope the reward will be worth of it because it will be like long journey.
This is kinda interesting, I don't think there will be any other rounds. If you read and compare info on their ann and website, you'll learn that they'll only issue a maximum of 10,000,000,000 (ten billion) token, divided 30% for development and 70% available for distribution.
It means there will be 7,000,000,000 available at most to be owned. From this number, we know 3,000,000,000 were allocated for phase 1 at 0.0002 and 3,000,000,000 were for phase 2 at 0.0003. We also know 500,000,000 were allocated for bounty. That leaves us with another 500,000,000 unallocated.
Dev, were this amount spent on presale or they simply just for reservoir and were not meant to be used (thus, were not minted, given the 10billion max supply were the most will ever be minted, which imply there is a possible case that amount were never reached)?
It is 50 000 000 allocated for the bounty indeed
There was a private sale (presale) to launch the project, to support the Cyber Security Team and for marketing purposes. The current phase is the first public sale phase and the token is $0.002, in the next phase it will be $0.003, and then it will be fover.
A maximum of 10 billion SYLs will be issued if the ICO is 100% complete. In this case, 30% of the offer (3 billion SYLs) will be sequestered and will be used to create the SDIs of the various users and to help the development of certain services (if they require SYL). This 30% will feed the ecosystem.
If the 10 billion is not sold then the 30% ratio remains but will apply to what will have been sold.
For example:
If 6 billion SYLs are sold then only 1.8 billion will be sequestered for the ecosystem.