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Topic: [ANN][POWR][UPDATE] *** POWER LEDGER TOKEN SALE STARTS FRIDAY 8TH SEPTEMBER *** - page 106. (Read 138900 times)

newbie
Activity: 54
Merit: 0
You could at least wait 6 days Wink
sr. member
Activity: 276
Merit: 284
---- IMPORTANT PLEASE READ ----

...
3. The token price will be determined by the market

...
What this means is the total $$$ raised during the 4 weeks will determine the final price of each token. No one will know what the total value of the final raise will be until AFTER the 4 week sale period.


That is exactly what I thought... thanks!
So, either go for the early discount, or wait how much funds are raised to calculate if you like the odds Wink
yeah, you could wait but why turn down a big discount in the first week then you will kick yourself in week 4 when there is no discount
sr. member
Activity: 276
Merit: 284
Are all the people on the team from OP publicly known and verified?
Do you mean PL.  we have made it very clear who is on the team and have made the ico very public in the media with all the key members.  If you want to talk to us directly join us on telegram.  https://t.me/powerledger
sr. member
Activity: 276
Merit: 284
150M / $0.088 = $13.2M = about 43K ETH = about 3K BTC

If it comes above, presale buyers are screwed, and this is without discount

I am sorry but you have your calculations wrong.  anyone who has participated in the pre sale will have a good price. 
sr. member
Activity: 276
Merit: 284
Can you DM me with your email address used and I will follow this up for you.
newbie
Activity: 2
Merit: 0
Hi,dev,when we receive our token aften pre-ico?
Tokens will be distributed after the main sale

Hi,

It looks like the tokens haven't been distributed yet which may save me.

When I purchased the POWR tokens I used my ETH address on my exchange instead of my wallet  Undecided

Is it possible to change where they are delivered if they haven't been delivered yet?

I have emailed [email protected] - twice over a few weeks no but no reply.

Thanks in advance.

Matt
newbie
Activity: 54
Merit: 0
150M / $0.088 = $13.2M = about 43K ETH = about 3K BTC

If it comes above, presale buyers are screwed, and this is without discount
sr. member
Activity: 910
Merit: 253
Are all the people on the team from OP publicly known and verified?
newbie
Activity: 54
Merit: 0
---- IMPORTANT PLEASE READ ----

...
3. The token price will be determined by the market

...
What this means is the total $$$ raised during the 4 weeks will determine the final price of each token. No one will know what the total value of the final raise will be until AFTER the 4 week sale period.


That is exactly what I thought... thanks!
So, either go for the early discount, or wait how much funds are raised to calculate if you like the odds Wink
jvp
newbie
Activity: 1
Merit: 0
---- IMPORTANT PLEASE READ ----

Hi All,
It is great to see the engagement and discussion about Powerledger on this forum, however, please note that this is not an official Powerledger channel. Therefore, do not take any comments or information provided by any user to be from Powerledger.

All information is available on the Powerledger Token Generation Event website: https://tge.powerledger.io/

Please join the official Powerledger Telegram channel for an official response: https://t.me/powerledger

NOTE: I do not work for or represent the Powerledger team. I am, however, a Moderator on the Powerledger Telegram channel, and am in regular contact with the Powerledger team.

With regard to the public sale ICO, there is a clear explanation of how the tokens will be distributed.

1. The Main TGE Sale will sell 150M tokens over 4 weeks.
2. There will be a weekly discount structure applied for the first 3 weeks (see Token Paper link for more details - https://tge.powerledger.io/media/Power-Ledger-TGE-Token-Paper.pdf).
3. The token price will be determined by the market
4. Tokens will be distributed no later than 4 weeks, after close of the Main Sales.
5. Tokens will be listed on exchanges shortly after the sale.

There is no minimum or maximum cap on contributions, and no minimum or maximum value set for the ICO.
What this means is the total $$$ raised during the 4 weeks will determine the final price of each token. No one will know what the total value of the final raise will be until AFTER the 4 week sale period.

If you have any questions, please join the Telegram (https://t.me/powerledger) or Slack (https://powerledgerio.slack.com/) channels, where representatives from the Powerledger team will respond to your questions.

Regards
Joseph
hero member
Activity: 1638
Merit: 518
I want to check if I understand the ICO process...
Is it true that the token price is not known beforehand? So, after the ICO is open, it is dividing amnount of token by funds raised to get price per token?
Or will there be a fixed token price before ICO starts?

as far i know , the token price "maybe" same with pre sale price
the price is 0.088 usd/token
and price based on that time.
Ah... "maybe" Wink

U know,the prices not written on whitepaper/pinned message on telegram/slack
So i assuming like that
And as i know, public sale already announced
On Friday this week
newbie
Activity: 54
Merit: 0
I want to check if I understand the ICO process...
Is it true that the token price is not known beforehand? So, after the ICO is open, it is dividing amnount of token by funds raised to get price per token?
Or will there be a fixed token price before ICO starts?

as far i know , the token price "maybe" same with pre sale price
the price is 0.088 usd/token
and price based on that time.
Ah... "maybe" Wink
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
Do we have a separate thread for the bounty? Somebody help with the link.
There is a bounty thread https://bitcointalksearch.org/topic/m.21420900 there is also a telegram bounty group https://t.me/PowerLedgerBounty

Thank you. I have joined the telegram bounty group and also the BTT bounty forum. Let the discussion continue. We get the POWR!
hero member
Activity: 1638
Merit: 518
I want to check if I understand the ICO process...
Is it true that the token price is not known beforehand? So, after the ICO is open, it is dividing amnount of token by funds raised to get price per token?
Or will there be a fixed token price before ICO starts?

as far i know , the token price "maybe" same with pre sale price
the price is 0.088 usd/token
and price based on that time.
newbie
Activity: 54
Merit: 0
I want to check if I understand the ICO process...
Is it true that the token price is not known beforehand? So, after the ICO is open, it is dividing amnount of token by funds raised to get price per token?
Or will there be a fixed token price before ICO starts?
member
Activity: 75
Merit: 10
Do we have a separate thread for the bounty? Somebody help with the link.
There is a bounty thread https://bitcointalksearch.org/topic/m.21420900 there is also a telegram bounty group https://t.me/PowerLedgerBounty
member
Activity: 75
Merit: 10
Hi,dev,when we receive our token aften pre-ico?
Tokens will be distributed after the main sale
member
Activity: 75
Merit: 10
how to buy presale ico ?
The pre sale has now closed and the main sale is about to open, in week one there will be a 15% bonus for participants, in week 2 there will be a 10% bonus and in week 3 a 5%bonus in the last week there will be no bonus given.
sr. member
Activity: 896
Merit: 251
how to buy presale ico ?

You have missed this round of presale to buy the tokens. It has been ended successfully now all you can do is to wait patiently and keep eye on the announcement for main round of selling which is ICO. I also in similar position like you to buy in next crowdfunding round after missing this one.
full member
Activity: 126
Merit: 100
Don't understand on this part

100,000,000 be sold at $0.088 = Total of $8,800,000

There will be no minimum raise amount set. All 350,000,000 tokens will be
issued following the close of the Token Sale regardless of the amount raised.

In this case if the ICO only raise $15,000,000, it will be $0.042 per token?

In this case, wouldnt that be be for pre-ico participants?

Aye it is a bit confusing. The norm would be to say there is a bonus on pre-sale. If main ICO does not sell out it could mean that pre-sale buyers paid more than main ICO.

Edit : it seems they are dishing out an extra 5% to pre-sale buyers : https://tge.powerledger.io/media/Presale-Reward-Announcement.pdf


Don't worry about Pre-sale price at $0.088.The ICO will sell the remainder 160M tokens over the course of 4 weeks. It’s encouraging they already had 16 strategic partners.
It will be easy to be raised more than 20MMUSD on ICO,If that happened,pre-sale buyers will pay less money than main ICO.

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