[ANN][ICO] 🏈 MyDFS 🏀 - Platform solves a number of major issues faced by DFS - page 41.

Ocakypa

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How does the ICO work? In detailes please

Participants should create a Token Compatible Ethereum Wallet, and then fund that wallet with Ethereum, Bitcoin, NEO, Dash, Ripple, Ether Classic, Bitcoin Cash or Litecoin. After you establish and fund your ERC20 compatible wallet, you send your tokens to the MyDFS ICO address. Tokens are then issued to your ERC20 compatible wallet.

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What about the lockup and vesting periods? are you using them right?

The lockup period ensures that token-holders don’t sell until 14 days after the last round of token sales is complete. After that, the tokens will be listed on a number of well-known, trustworthy exchanges. Vesting applies to team tokens, ensuring that the team’s and advisors’ priorities properly align with the community’s. The team will successfully deliver the project as it’s stated in the project roadmap. Therefore, Advisor Tokens vest at 100% for 14 days after the close of the ICO sale. Founder and Core Team Tokens vest for one year from the date they are allocated. They are also unlocked by 1/12 each month.

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Do you have in-game purchases? curious just for the future

There will be additional content, like badges and private tournament entry tickets, that can be purchased with MyDFS tokens right inside the game.

Ocakypa

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How do you guys store the data?

Hi! We use smart contracts on the blockchain. We have main dispatcher contract, MyDFS token contract, ICO contract, Player statistics contract, Game contract, Brokerage contract

Ocakypa

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What should I do to buy myDFS tokens with bitcoin? I have bitcoin only

You should contact us using website or investor app and specify your Eth wallet, because MyDFS tokens are only stored in Ethereum compatible wallets.

Ocakypa

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Approximately in April?

Right, the official release is in May, so I guess beta version will be available for use in April

Ocakypa

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But it will hit exchanges anyway?

It will

In 14 days after the sale is finished it will appear on major exchanges

Ocakypa

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What will you do with the unsold tokens? Tell me please

The unsold tokens will be burned after the sale ends.

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How max someone can invest? is there any? interesting

The maximum participation amount is limited to the current number of sold tokens and hard cap.

Ocakypa

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So in 14 days after the sale is over I can trade on exchanges?

That's right

doisammm

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Interesting

Ocakypa

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How do I buy Ethereum? Can you learn me please?

In order to purchase Ethereum, we’d recommend using one of the major exchangers that sell Ethereum for fiat or other cryptocurrencies. For example, Coinbase, Bitfinex, EtherDelta, Binance, etc.

Ocakypa

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Thank you

You are welcome

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Quote from: Ocakypa on March 23, 2018, 12:52:55 PM

Will there be any discounts during pre-sale and crowdsale?

Discounts offered during the crowdsale: 10% for >= $50,000, 15% for >= $100,000 and 25% for >= $500,000

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How you see the value of mydfs token to rise especially for a user who is not using the mydfs token on your platform but only holding it for future gains?

The value of MyDFS tokens will raise with the user base. We’ve performed an analysis to determine financial projections for the next five years to come in our whitepaper, chapter 5.3.3. Please note that the numbers are approximate & based on statistics.

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How do I store MyDFS tokens? Can you please tell?

After the purchase, your MyDFS tokens are stored in your ERC20 compatible wallet.

Ocakypa

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Will there be any discounts during pre-sale and crowdsale?

Ocakypa

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What about a maximum participation amount?

The maximum amount is limited to the current number of sold tokens and hard cap.

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What is your discount program dudes if you have one?

Discounts offered during the crowdsale: 10% for >= $50,000, 15% for >= $100,000 and 25% for >= $500,000

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Why do you use blockchain? just wanna hear it

We store statistics and important data about every game in the blockchain. It's easy for all players involved to chick not only a validity of a game and its results, but by checking the smart contract that calculates the game results, to also validate how every point was scored.

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What about if the token sale finishes before April 5? Will the tokens be released earlier? hah?

The token sale will be finished before the end date if only we reach the hardcap (which is $40 000 000). If that occurs, there will be a vesting period (14 days), after which MyDFS tokens will be available on major exchanges.

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Why do you guys call the process transparant?

We store statistics and important data about every game in the blockchain. It’s easy for all players involved to check not only the validity of a game and its results, but by checking the smart contract that calculates the game results, to also validate how every point was scored.

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Quote from: fewer71 on March 21, 2018, 04:56:59 PM

I would like to join this community

We are happy to see you here

Ocakypa

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Quote from: Carina.P on March 23, 2018, 07:00:09 AM

It is very rare to have successfully launched a lot of fantasy products, very professional, which plays a key role in the successful development of the future.

Thank you for your support! Wink

Ocakypa

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What is the minimum purchase for crawdsale by the way?

During the crowdsale, the minimum purchase is 100$

Ocakypa

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Quote from: prickly1212 on March 22, 2018, 09:25:31 AM

What all you guys cover in "A “rainy day” fund to be used for unanticipated expenses" and how long for the Exchange appearance?

Did you get the answer yet? If not, here you are please. We are launching our platform in May and we are going to hit exchanges at the beginning of June. Hitbtc is a confirmed one

Ocakypa

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What is the token price for now? wanna buy

MyDFS token basic price is $1. The price may be higher or lower depending on selling stage and amount purchased. Currencies accepted: Ethereum, Bitcoin, NEO, Dash, Ripple, Ether Classic, Bitcoin Cash and Litecoin.

Ocakypa

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Do you have any game entry fees? I guess you do

Yes. When a player participates in a game, he or she has to pay an entry fee. The total collected fee is distributed among the winners. We take a 10% rake from this total. The more contests and players are there on the platform, the more we earn. Existing fantasy sports platforms tend to take higher rake fees (up to 15%), which we are also going to challenge. We’ll also be charging smaller rake amounts for games with higher stakes.

Ocakypa

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What's ICO and Exchange contract?

A smart ICO contract lets users buy tokens during the pre-sale and sale periods. Exchange is a smart contract that connects users with exchanges and lets them exchange tokens for other cryptocurrencies, buy more tokens for other cryptocurrencies, and so on.

Topic: [ANN][ICO] 🏈 MyDFS 🏀 - Platform solves a number of major issues faced by DFS - page 41. (Read 8162 times)