@Febo,i was wondering how those big bonuses will affect the price,as i bought ico.
i mean bonus is nice but not if it affects initial price valuation.ide like to know how these prices are set initially.any info or link that explains this process would be appreciated from anyone,thanks
Big bounty prices affect prices a lot.
20014429.20/142.39=141k (
https://spacepirate.io/ico/)
In average ico participants got 140k of rustbits for 1BTC (100k without bonuses).
Let's say price for BTC is 2000$.
2000/140000=0.0143$ per Rustbit
I participated in demo acc, newsletter and signature campaign. I collected about 74k Rustbits.
0.0143$*74000=1057$ (more then half of BTC :O)
I think we understand what this means after Rustbits come to exchanges. Many of signature participants will sell their share immediately so price will drop very hard.
So who losses most with this?
ICO participants! Their invested money will lose value a lot and they won't be happy with it, so Age of rust could potentially lose a lot of support.
IMO 95% of signature campaign participants will forget of Age of rust in a second they get another signature campaign.
Those bounty participants who invested their money in ICO shouldn't be mad if it comes to lowering rewards
so real supporters won't have any problem with it!
I see Cloverme is trying his best to make everything good and don't piss off people. But ICO participants will get most mad when they see their investment losing 80% of their value.
As he already suggested:
I hear what you're saying, I think there might be a compromise here somewhere. I've had a few other campaigners contact me and say that you've got some merit in your opinion. I think it's reasonable to reduce the newsletter, game demo, blog posts, make the twitter and facebook pools the same, and then burn off the remaining translation bounty awards, that would reduce the total pool from 15M tokens to 5.4M tokens. The uncommitted tokens would then be burned and not sold, so no one can claim them. To go along with that, I'd burn off 5M of the uncommitted dev tokens as an act of good faith on my part.
I wouldn't burn so much of tokens definitely not those 5M of dev tokens instead you should use some tokens to pay
signature campaign participants who would advertise game not ICO after the ICO will end! Payments could be fixed with BTC (for example you would get 0.005 woth of Rustbits per week, so your reward would be depending on BTC/Rustbit price). And you should have less participants 5-10 max.
I wish you good luck Cloverme and keep in mind that not everyone can be 100% happy.