Topic: [ANN][STEX.Exchange]1-st Exchange Aggregator to trade all coins in one place - page 13. (Read 27841 times)

I updated the list of Investor Advantages in the header:

1. Fixed token supply of 100 000 000 STE (8 decimals) with no possibility of additional
emission. You can rest assured no extra tokens will ever appear in the circulation. We
deliberately excluded such a scenario. After ICO we will burn unsold tokens. This provision is
hardcoded in the DAO smart contract.
After the presale hit the hard cap on September 30, we have only 45 000 000 STE left for the coming ICO.
The initial ICO price: 1ETH = 500 STE

2. During the ICO the STE coin price is going rise gradually depending on the demand and supply. We have plans to sell STE through auctions which are going to be held each day. Higher preference will get those who either buy larger amounts or make a higher bid price. This way we deem the demand will be met in a most fair way.

3. After ICO the founders receive a 30% stake in the company in the form of STE tokens.
After the tokens are allocated to the founders, all tokens that are not sold are destroyed, it is
calculated by the following formula: Tokens for Destruction = General Supply - Presell Sum –
ICO Amount - Founder's tokens. This is the provision of the token’s contract.

4. Our contract ensures the distribution of profits is made proportionally to the number of
tokens you hold relative to their total supply. So, if you own 12% of our tokens, then you will
receive 12% of the exchange profits.

5. STE transfer is going to be authorised after ICO ends. Though, we highly advise that you never sell STE, since you will loose 20% of dividends which are going to be distributed first among those who never sold STE tokens. The more people sell STE, the more the share of those who never sell STE. This means that they get more and more dividends each week/month. The rest 80% from dividends is distributed among other token holders. So wiser investors, in fact, would wish that everybody sell their STE. This way these wise investors will get these initial 20% of dividends distributed first among themselves and their share is going to be comparatively large.

The amount of communication and the way this decision seems to have been made really gives confidence in this project!

Again, nice to see you are keeping your finger on the pulse with the community and participants. I believe the chosen route is also the best one at the moment, for several reasons. We'll see what the future holds, but I'm very excited about this

We had quite a long discussion in slack and telegram both among our strategic partners and the rest of the community.
The negative side of the proposed STeX GAS instead of old ETH dividends seemed to outweigh the positive one. So based on the community feedback we decided not to change anything. Things stay the same with the dividends which are going to be paid in ETH.

We only ban US citizens, traffic and some other tricky countries, like we did during presale.

Thanks for elaborating. Wasn't completely sure I got it.

I'm new here, watched 3 YouTube STE videos, noticed the 1st ICO now over, second soon. Stex Exchange video Chinese + English. Thought someone might like this:  
https://youtu.be/4DrAA6XKBPg

Would love any commission!!!
https://stex.exchange/up/6p0ts1zw47ng

You didn't get the idea. It is still in the discussion mode, but the main principle is that you get the same dividends only they can be called a new name - STeX Gas. This is for regulation only.

These kind of changes don't usually spark my enthusiasm.
In this example: If Stex becomes a big success you are going to have to be a very active trader to be able to profit from the '(not-)dividends'. Sounds somewhat  similar to the use of a binance token. Except it is the div that is the use.
I was actually in this for dividends.. on a positive note, it looks like the team is constantly seriously thinking about how to make this a success.

In a few words: what had to be dividends, will actually become trading-fee-credit. Call it STeX GAS

Thanks for the update! Are you planning to update the token before the ICO so US citizen are allowed to participate? And just out of curiosity, what does APP stand for?

A very intense discussion is going on on slack and telegram group among our strategic partners.
WE are going to introduce an auction during the ICO, the details are going to be published before the start of each auction.
We are also discussing an option to upgrade STE token to an APP-token status in order to pass the Howey test and sease being a security any more.
Nothing is going to change for our token holders. Only the form of presenting it to pass the Howey test. It is still being discussed. I want you to make sure we are doing our best to support our token holders and the STE Price. Legal issues are very important and if there's a chance to become completely legalized we are going to use it.

Very interesting thigs are going to be announced soon. Follow our threads and join our telegram group in my SIG below

Post your address and we will send you the scan of STE on your wallet balance.
Or just use etherscan to find it.

I'm not the manager, but the tokens should be in the wallet from which you contributed. Did you add the custom token?
You can always check the Token Tracker section of your wallet address on etherscan.io to see if everything is there or not.

Dear manager, tell me where I can see my tokens that I bought on the presale?

Okay, thanks for the update! Sounds like you guys are hard at work. All the developments sound very exciting.. can't wait for the end result

We are pretty busy right now preparing for the ICO, redesigning the website, new WP version, working with strategic partners in the large countries. Before the ICO we are going to make some more AMA (ask me anything) interviews.

Shares of the bounty reward were awarded cumulatively, over time across all participants of the program.
The 'gold rush multiplier' represents how many participants were in 'cut in' to the share distribution at that time. So it's actually a denominator, but that doesn't have a nice ring to it.