technically all coins have Bergstake.. Bergstake is defined as the coinbase transaction that creates the coin. There is a plan to "burn" the Bergstake from the 7 million promotional coins. 10 million coins will be sold before launch, and 2.5 million will be retained for devs.
Breakout Coins have Bergstake. neither can be created without the other.
So what I'm asking is about what is left from the 10 million coins.
What does it mean for those coins to go to a "private sale"?
1. Will the private buyers get a better deal than the ICO investors?
2.
Is Bergstake attached to coins sold in a private deal?ICO investors are at a disadvantage because we do not yet have a functional prototype of this gaming platform. So we are taking the biggest risk, which comes with it an implicit potential for the biggest gain. Of course you haven't said this is the plan, but if coins are going to be sold at a discount privately, then it would be most fair if ICO investors were given first crack.
Also, an incentive for investing in the ICO could be the Bergstake, where private buyers would not have a chance to purchase it. If they want Bergstake, then they should take their chances like the ICO buyers.tx42, we thank you for participating in the forum and apologize about the late reply. Hopefully, these responses will address your concerns. Feel free to pm us anytime if you like.
!. "private sale" buyers will NOT get a better deal than those who bought in early. The deal we gave was due to the change in terms and we gave the best deal that will ever be available..
2. Yes, Bergstake will be attached to those who buy-in a private sale.
3. The general crypto community IS getting the first crack at all the coins and Bergstake for 30 days. If our goal is unmet, only then will we pursue participants in a "private sale."
4. All those who participate should have the opportunity to get Bergstake, for supporting BRO and participating in the "coin sale.
The math still isn't adding up, please help me understand. This guy asked about the 10 million ICO coins. Based on what you appear to be giving away in the 30 day sale (let's say an avg 5000 BRO/BTC and assume 700 BTC is the final raised amount, or 5000*700 = 3,500,000 BRO. That leaves 6,500,000 BRO to be sold pre-launch or allocated to Bergstake for the ICO buyers.
1. I understand some % of that 10 million is allocated to Bergstake. How much?
2. How many coins will be sold after the software is completed?
3. At what exchanges will ICO buyers be able to "cash out"?
Hello WeGotCactus,
1. Not sure if I'm understanding your question correctly. If there is 6.5 million BRO left to be sold at pre-launch, all those coins will have Bergstake. Bergstake and BRO are created on a 1-to-1 basis.
2. When we reach the approximate 700 BTC goal, the BRO leftover will be allocated to the pre-launch sale. If we do not reach the approx 700 BTC goal, whatever BRO amount will be allocated to the pre-launch sale.
3. We are currently talking to a number of recognizable exchanges and all of them have expressed great interest. Our plan is to contact numerous exchanges and have BRO available on the maximum amount of exchanges as possible to provide liquidity for BRO.