BetKing.io - ICO - $4.7 million raised, last week to take part! - page 10.

mijkrofl

newbie

Activity: 16

Merit: 0

Quote from: iluvbitcoins on August 04, 2017, 09:54:55 AM

Quote from: mijkrofl on August 04, 2017, 01:37:28 AM

Quote from: iluvbitcoins on August 03, 2017, 05:51:20 PM

Quote from: mijkrofl on August 03, 2017, 03:35:49 AM

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?

There's a total of 70 million tokens, their value will be calculated by dividing the total amount of funds gathered with the ICO with the total token supply (70 million)

So for example, if we gather 35 million $, then the value of the token would be 0.5$

ICO funds / Token supply = Token price

35 million / 70 million = 0.5$

If we gather 7 million $, then it's
7 million / 70 million = 0.1$

Hope you understand now

I don't think you understand my question.

Normally, ICO's tell me how much tokens i get for 1 ETH.

Lets say; i get 70.000 tokens for 1 ETH, so that means 10 ETH for 700K tokens, 100 ETH for 7 million tokens and 1000 ETH for 70 million tokens. So in this scenario 1000 ETH is max contribution.

But the first post in the topic says there is no contribution limit. So what if too much people contribute and your total contribution comes around 3000 ETH?

Or are you also dividing the tokens by the amount of ETH or BTC cntributed, then you are unable to tell how many tokens people will get for 1 BTC or 1 ETH.

I'm not talking about the value, i'm talking about the amount of tokens per ETH or BTC in this ICO Tongue

Thanks in advance

If the investments are unlimited and token supply is fixed, it means the tokens distribution will be decided upon the amount of investments.

Therefore, if there's a total of 70 million $ of investments and 70 million tokens

For each 1$ you have invested, you would have gotten 1$

If there was 35 million$ of token, for each 1$ invested, you'd get 2$
If there were 7 million$ of investments, for each 1$ invested you'd get 10 tokens

Ah, that way, so its divided after the ICO and no way of telling how many tokens per ETH and/or BTC at forehand. Thanks.

I haven't seen such ICO before thats why im asking, all ICO's i know said "xxx token per eth/btc".

Thanks again for taking the time to reply.

BetKing Support

member

Activity: 210

Merit: 11

Quote from: QueenOf on August 05, 2017, 03:31:38 AM

hello dev, Where I can see the calculation stake Huh

Details will be revealed later. The bounty campaign apart from bug bounties has been cancelled.

QueenOf

sr. member

Activity: 546

Merit: 250

hello dev, Where I can see the calculation stake Huh

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Quote from: rasp on August 04, 2017, 03:01:25 PM

kinda sounds like a roulete game you never know until you spin place your bets

The discussion is pointless, it doesn't matter how many tokens you'll hold
It's all about value, and your investment will hold the value you have invested
Nothing more, nothing less

BetKing.io

legendary

Activity: 1400

Merit: 1021

Initial batch of BCH sold brings total pre-sale to:
384.32914970 btc
725.23452330 eth

USD 1,245,293.08

Your BCH contribution will show in dashboard tonitgh/tomorrow.
Thanks

ICO starts in 2 days 3 hours. https://ico.betking.io

rasp

hero member

Activity: 900

Merit: 503

Quote from: BetKing Support on August 04, 2017, 11:02:39 AM

Quote from: mijkrofl on August 04, 2017, 01:37:28 AM

Quote from: iluvbitcoins on August 03, 2017, 05:51:20 PM

Quote from: mijkrofl on August 03, 2017, 03:35:49 AM

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?

There's a total of 70 million tokens, their value will be calculated by dividing the total amount of funds gathered with the ICO with the total token supply (70 million)

So for example, if we gather 35 million $, then the value of the token would be 0.5$

ICO funds / Token supply = Token price

35 million / 70 million = 0.5$

If we gather 7 million $, then it's
7 million / 70 million = 0.1$

Hope you understand now

I don't think you understand my question.

Normally, ICO's tell me how much tokens i get for 1 ETH.

Lets say; i get 70.000 tokens for 1 ETH, so that means 10 ETH for 700K tokens, 100 ETH for 7 million tokens and 1000 ETH for 70 million tokens. So in this scenario 1000 ETH is max contribution.

But the first post in the topic says there is no contribution limit. So what if too much people contribute and your total contribution comes around 3000 ETH?

Or are you also dividing the tokens by the amount of ETH or BTC cntributed, then you are unable to tell how many tokens people will get for 1 BTC or 1 ETH.

I'm not talking about the value, i'm talking about the amount of tokens per ETH or BTC in this ICO Tongue

Thanks in advance

The amount of tokens per ETH/BTC is determined by how much is raised in the ICO. We will know how much each token is worth after the ICO ends. It's impossible to determine how much each token is in ETH/BTC at this point. There's also no way too much is raised because the total amount in $ raised (convertable to ETH/BTC etc.) is divided by the total amount of tokens (70 million) which will determine the initial price.

You're confusing this with ICOs that determine how much each token is worth beforehand. In BetKing ICO you will know the amount of tokens you will get after the ICO ends and therefore is determined by your share of total raised.

kinda sounds like a roulete game you never know until you spin place your bets

BetKing Support

member

Activity: 210

Merit: 11

Quote from: mijkrofl on August 04, 2017, 01:37:28 AM

Quote from: iluvbitcoins on August 03, 2017, 05:51:20 PM

Quote from: mijkrofl on August 03, 2017, 03:35:49 AM

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?

There's a total of 70 million tokens, their value will be calculated by dividing the total amount of funds gathered with the ICO with the total token supply (70 million)

So for example, if we gather 35 million $, then the value of the token would be 0.5$

ICO funds / Token supply = Token price

35 million / 70 million = 0.5$

If we gather 7 million $, then it's
7 million / 70 million = 0.1$

Hope you understand now

I don't think you understand my question.

Normally, ICO's tell me how much tokens i get for 1 ETH.

Lets say; i get 70.000 tokens for 1 ETH, so that means 10 ETH for 700K tokens, 100 ETH for 7 million tokens and 1000 ETH for 70 million tokens. So in this scenario 1000 ETH is max contribution.

But the first post in the topic says there is no contribution limit. So what if too much people contribute and your total contribution comes around 3000 ETH?

Or are you also dividing the tokens by the amount of ETH or BTC cntributed, then you are unable to tell how many tokens people will get for 1 BTC or 1 ETH.

I'm not talking about the value, i'm talking about the amount of tokens per ETH or BTC in this ICO Tongue

Thanks in advance

The amount of tokens per ETH/BTC is determined by how much is raised in the ICO. We will know how much each token is worth after the ICO ends. It's impossible to determine how much each token is in ETH/BTC at this point. There's also no way too much is raised because the total amount in $ raised (convertable to ETH/BTC etc.) is divided by the total amount of tokens (70 million) which will determine the initial price.

You're confusing this with ICOs that determine how much each token is worth beforehand. In BetKing ICO you will know the amount of tokens you will get after the ICO ends and therefore is determined by your share of total raised.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Quote from: mijkrofl on August 04, 2017, 01:37:28 AM

Quote from: iluvbitcoins on August 03, 2017, 05:51:20 PM

Quote from: mijkrofl on August 03, 2017, 03:35:49 AM

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?

There's a total of 70 million tokens, their value will be calculated by dividing the total amount of funds gathered with the ICO with the total token supply (70 million)

So for example, if we gather 35 million $, then the value of the token would be 0.5$

ICO funds / Token supply = Token price

35 million / 70 million = 0.5$

If we gather 7 million $, then it's
7 million / 70 million = 0.1$

Hope you understand now

I don't think you understand my question.

Normally, ICO's tell me how much tokens i get for 1 ETH.

Lets say; i get 70.000 tokens for 1 ETH, so that means 10 ETH for 700K tokens, 100 ETH for 7 million tokens and 1000 ETH for 70 million tokens. So in this scenario 1000 ETH is max contribution.

But the first post in the topic says there is no contribution limit. So what if too much people contribute and your total contribution comes around 3000 ETH?

Or are you also dividing the tokens by the amount of ETH or BTC cntributed, then you are unable to tell how many tokens people will get for 1 BTC or 1 ETH.

I'm not talking about the value, i'm talking about the amount of tokens per ETH or BTC in this ICO Tongue

Thanks in advance

If the investments are unlimited and token supply is fixed, it means the tokens distribution will be decided upon the amount of investments.

Therefore, if there's a total of 70 million $ of investments and 70 million tokens

For each 1$ you have invested, you would have gotten 1$

If there was 35 million$ of token, for each 1$ invested, you'd get 2$
If there were 7 million$ of investments, for each 1$ invested you'd get 10 tokens

Weter29

sr. member

Activity: 728

Merit: 250

Quote from: actmyname on August 02, 2017, 12:45:54 AM

Quote from: Weter29 on August 02, 2017, 12:32:32 AM

good afternoon. I participated in the bounty of the company on Twitter in the list I have under No. 169 but there are no charges for the work done. Why is that ? The Cabinet operated while working and noted the number of retweets. This is cheating and all the work wasted ..?

If you paid attention then you would come to the realization that users would be compensated for their efforts.

Quote from: BetKing.io on July 31, 2017, 02:01:47 PM

Just a reminder to previous bounty participants since I'm seeing a lot of confusion.

All legit participants who were in the program before now will be compensated with some BetKing Bankroll Token after the ICO ends in September.

Just hold on and wait. Feeling indignant yet remaining ignorant won't do you any favors.

I just want clarity on this issue. Just inappropriate to silence. I did not even think of indignation and ignorance did not affect me, either. The project manager simply had to notify the forum about the events. Neither I alone asked about it. The table could be filled then and there were fewer questions too.

lite

legendary

Activity: 1400

Merit: 1009

Quote from: mijkrofl on August 04, 2017, 01:37:28 AM

Quote from: iluvbitcoins on August 03, 2017, 05:51:20 PM

Quote from: mijkrofl on August 03, 2017, 03:35:49 AM

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?

There's a total of 70 million tokens, their value will be calculated by dividing the total amount of funds gathered with the ICO with the total token supply (70 million)

So for example, if we gather 35 million $, then the value of the token would be 0.5$

ICO funds / Token supply = Token price

35 million / 70 million = 0.5$

If we gather 7 million $, then it's
7 million / 70 million = 0.1$

Hope you understand now

I don't think you understand my question.

Normally, ICO's tell me how much tokens i get for 1 ETH.

Lets say; i get 70.000 tokens for 1 ETH, so that means 10 ETH for 700K tokens, 100 ETH for 7 million tokens and 1000 ETH for 70 million tokens. So in this scenario 1000 ETH is max contribution.

But the first post in the topic says there is no contribution limit. So what if too much people contribute and your total contribution comes around 3000 ETH?

Or are you also dividing the tokens by the amount of ETH or BTC cntributed, then you are unable to tell how many tokens people will get for 1 BTC or 1 ETH.

I'm not talking about the value, i'm talking about the amount of tokens per ETH or BTC in this ICO Tongue

Thanks in advance

It depends how much the ico has raised, like many have tried to explain it to you. let me try...

let's say ico raised 10000 btc. (i hope my calculation are correct! Roll Eyes

)
10000/70000000 = 0.000142857143 btc per token.
with 1 btc you will get 7000 bkb tokens.
with 1 eth you will get 550 bkb tokens.

mijkrofl

newbie

Activity: 16

Merit: 0

Quote from: iluvbitcoins on August 03, 2017, 05:51:20 PM

Quote from: mijkrofl on August 03, 2017, 03:35:49 AM

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?

There's a total of 70 million tokens, their value will be calculated by dividing the total amount of funds gathered with the ICO with the total token supply (70 million)

So for example, if we gather 35 million $, then the value of the token would be 0.5$

ICO funds / Token supply = Token price

35 million / 70 million = 0.5$

If we gather 7 million $, then it's
7 million / 70 million = 0.1$

Hope you understand now

I don't think you understand my question.

Normally, ICO's tell me how much tokens i get for 1 ETH.

Lets say; i get 70.000 tokens for 1 ETH, so that means 10 ETH for 700K tokens, 100 ETH for 7 million tokens and 1000 ETH for 70 million tokens. So in this scenario 1000 ETH is max contribution.

But the first post in the topic says there is no contribution limit. So what if too much people contribute and your total contribution comes around 3000 ETH?

Or are you also dividing the tokens by the amount of ETH or BTC cntributed, then you are unable to tell how many tokens people will get for 1 BTC or 1 ETH.

I'm not talking about the value, i'm talking about the amount of tokens per ETH or BTC in this ICO Tongue

Thanks in advance

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Quote from: staxxd on August 03, 2017, 09:40:37 PM

Quote from: jpcfan on August 03, 2017, 12:41:32 PM

Quote from: BoXXoB on August 03, 2017, 12:20:04 PM

Quote from: jpcfan on August 03, 2017, 12:07:55 PM

hope crowdsale sale goes bad for you dean.

you screwed your marketers. hope you dont screw the investors

From where I'm standing every bounty campaign participant carries a risk. If the campaign didn't work, it got cancelled. Not sure I'd call it being screwed...

yeah your right. but an email telling us it's gone would have been nice.

i had to find out from here. was going to put a lot of work into the next 4 weeks for dean then come to this.

no hard feelings. wasnt going to make much. just seems like bullshit. that's all

Just makes the betking name in general look like it can't finish what it starts and to go from a promised figure to an unclear reward is flat out bogus.

That's why bounty managers are usually hired, to take time to do the job correctly.

staxxd

full member

Activity: 172

Merit: 100

'Bout It.

Quote from: jpcfan on August 03, 2017, 12:41:32 PM

Quote from: BoXXoB on August 03, 2017, 12:20:04 PM

Quote from: jpcfan on August 03, 2017, 12:07:55 PM

hope crowdsale sale goes bad for you dean.

you screwed your marketers. hope you dont screw the investors

From where I'm standing every bounty campaign participant carries a risk. If the campaign didn't work, it got cancelled. Not sure I'd call it being screwed...

yeah your right. but an email telling us it's gone would have been nice.

i had to find out from here. was going to put a lot of work into the next 4 weeks for dean then come to this.

no hard feelings. wasnt going to make much. just seems like bullshit. that's all

Just makes the betking name in general look like it can't finish what it starts and to go from a promised figure to an unclear reward is flat out bogus.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Quote from: mijkrofl on August 03, 2017, 03:35:49 AM

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?

There's a total of 70 million tokens, their value will be calculated by dividing the total amount of funds gathered with the ICO with the total token supply (70 million)

So for example, if we gather 35 million $, then the value of the token would be 0.5$

ICO funds / Token supply = Token price

35 million / 70 million = 0.5$

If we gather 7 million $, then it's
7 million / 70 million = 0.1$

Hope you understand now

BoXXoB

legendary

Activity: 2018

Merit: 1108

Quote from: BetKing.io on August 03, 2017, 04:32:47 PM

Ico dashboard site live https://ico.betking.io/

You can click join now and create an account.
If you were in the pre-sale make sure to add your email address.
Pre-sale transactions will have to be added manually so email me the username you signed up with and I'll add it.

Also report any issues/improvements

Note: Aware of the weird background change already and the stats loading slow

will get that fixed right away

Site's looking pretty good, nice

BetKing.io

legendary

Activity: 1400

Merit: 1021

Ico dashboard site live https://ico.betking.io/

You can click join now and create an account.
If you were in the pre-sale make sure to add your email address.
Pre-sale transactions will have to be added manually so email me the username you signed up with and I'll add it.

Also report any issues/improvements

Note: Aware of the weird background change already and the stats loading slow

will get that fixed right away

BetKing.io

legendary

Activity: 1400

Merit: 1021

Quote from: jefzzz on August 03, 2017, 02:03:35 PM

Hello I Think i got some bugs here
http://prntscr.com/g40ao9
http://prntscr.com/g40b44

I made a ber 1.2 BTC free why the balance become reduce 1 satoshi? 13.599999

Looks like a rounding issue which I'll get looked at right away. Thanks

jefzzz

jr. member

Activity: 59

Merit: 10

Yungsin

Hello I Think i got some bugs here
http://prntscr.com/g40ao9
http://prntscr.com/g40b44

I made a ber 1.2 BTC free why the balance become reduce 1 satoshi? 13.599999

jpcfan

hero member

Activity: 905

Merit: 502

I miss dooglus

Quote from: BoXXoB on August 03, 2017, 12:20:04 PM

Quote from: jpcfan on August 03, 2017, 12:07:55 PM

hope crowdsale sale goes bad for you dean.

you screwed your marketers. hope you dont screw the investors

From where I'm standing every bounty campaign participant carries a risk. If the campaign didn't work, it got cancelled. Not sure I'd call it being screwed...

yeah your right. but an email telling us it's gone would have been nice.

i had to find out from here. was going to put a lot of work into the next 4 weeks for dean then come to this.

no hard feelings. wasnt going to make much. just seems like bullshit. that's all

BoXXoB

legendary

Activity: 2018

Merit: 1108

Quote from: jpcfan on August 03, 2017, 12:07:55 PM

hope crowdsale sale goes bad for you dean.

you screwed your marketers. hope you dont screw the investors

From where I'm standing every bounty campaign participant carries a risk. If the campaign didn't work, it got cancelled. Not sure I'd call it being screwed...

Topic: BetKing.io - ICO - $4.7 million raised, last week to take part! - page 10. (Read 30078 times)