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Topic: Closed - page 147. (Read 136600 times)

full member
Activity: 196
Merit: 100
September 15, 2017, 05:35:48 AM
There's 1.5 month left until the ICO is over, it's too early to do any sort of calculations with respect to who will get what %.
member
Activity: 68
Merit: 10
September 14, 2017, 08:46:38 PM
lets do some math:

total tokens: 150M (~$100,000,000 - which is fucking laughable for an ICO.  you should be raising 1/10th of this)
total ICO: 103.5M
total presale: 5.2M ($1.5m)
current ICO, after 5.5 days: 3.4M ($2.0m)

current MKT cap: $3.5M
current tokens: 8.6M

current token value: $3.5/8.6 = $0.40 ea.

presale token cost: $1.5/5.2 = $0.288 ea.
current ICO token cost: $2.0/3.4 = $0.588 ea.
final ICO token cost: ~$100/150 = $0.67

do you see why nobody is investing?  you have aimed too high.  you will not raise $100m.  burn 50% of your tokens immediately (including those held for yourselves)

Thank you for the calculations. I also invested, but am worried a bit because of the numbers. I'd like to add a bit to the math:

Only the unsold coins meant for the ICO will be burned, none of those meant for the team or the bounty programm! This means there will be 22.5M tokens for the team, 19M tokens for the bounty programm, and only 8.5M held due to pre-sale and ICO (gives you a total of 50M). If ICO doesn't raise significantly more, which it only will if some changes are made, these are the numbers. Sure, the individual percentage of tokens held rises, but the percentage for all buyers is lowered.

 So, current token value: $3.5M/50M  = $0.07 ea.
 final token value (if al tokens were sold): $50M/150M = $ 0.33 ea.
During ICO one has to pay almost ten fold.

Other ICOs (real estate type too) calculate the team share as a percentage of the sold tokens. As mfgex correctly statet, you'll have to burn the same percentage of team tokens, ICO tokens and bounty tokens in order for sale contributors not having to pay everything but only be getting 20% of the tokens, not 69% as you state on the website. That number is only true if all 100M were sold. Other ICOs fix the percentage held by buyers at at least 50%. Sorry, team and bounty people, but I'm sure you'll see the injustice towards investors, if only they lose token percentage.

Unfortunately this way the ICO is mathematically simply unattractive. One can expect the token value to drop by a factor of ten once the tokens are on the exchange and basically feel how ones investment is simply drained towards the team members.


I'm new to the forum and hope not to be judged solely because of that. Only sharing my thoughts in a civil manner. Hope the project still makes it, despite an unfair situation for ICO investors.

EXTREMELY important point.  thank you for adding that.  If you burn only ICO tokens, then the team holds the bulk of the tokens, which they didn't pay for.  That is an important distinction: the market cap is thus artificially "inflated" by the amount a minority of people paid.  Remember when Gnosis was valued at $300M, based on an ICO for ~12% of total tokens?  Now look at it.

Please understand my criticism is intended to be constructive. By being less greedy, you will in fact make more money, and so will everyone else.
sr. member
Activity: 387
Merit: 250
September 14, 2017, 03:51:37 PM
My motto is you never go full retard.  I may have accidentally gone full retard for ATL.
full member
Activity: 196
Merit: 100
September 14, 2017, 11:49:01 AM
While this : https://coinmarketcap.com is going on, we think it's wise to diversify your holdings -- buy ATL!
full member
Activity: 196
Merit: 100
September 14, 2017, 05:41:05 AM

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?


No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

i see. where did you get the info that it will end on Oct 31, i don't see it on the first page. i didn't complete read though i must have missed it because i go directly to the video. bonus would be cool but if its true that it will end on oct 31, i'm going to wait till ETH's price go up again. good luck to the early investors.

1 ETH worth 250$ or 1 ETH worth 350$ , at the end you get the same amount of ATL´s.

So it would be smarter to buy cheap ETH and contribute with them

Precisely, if you believe that ETH will grow, it makes sense to buy ATL now.
legendary
Activity: 1302
Merit: 1000
September 14, 2017, 05:26:19 AM

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?


No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

i see. where did you get the info that it will end on Oct 31, i don't see it on the first page. i didn't complete read though i must have missed it because i go directly to the video. bonus would be cool but if its true that it will end on oct 31, i'm going to wait till ETH's price go up again. good luck to the early investors.

1 ETH worth 250$ or 1 ETH worth 350$ , at the end you get the same amount of ATL´s.

So it would be smarter to buy cheap ETH and contribute with them

Yes, this is the right time for people who want to grab some ATL coin because right ETH is dead cheap in the market. If once the price of ETH increases and the value of ATL coin will also increase.
full member
Activity: 334
Merit: 101
September 14, 2017, 05:10:24 AM

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?


No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

i see. where did you get the info that it will end on Oct 31, i don't see it on the first page. i didn't complete read though i must have missed it because i go directly to the video. bonus would be cool but if its true that it will end on oct 31, i'm going to wait till ETH's price go up again. good luck to the early investors.

1 ETH worth 250$ or 1 ETH worth 350$ , at the end you get the same amount of ATL´s.

So it would be smarter to buy cheap ETH and contribute with them
full member
Activity: 196
Merit: 100
September 14, 2017, 03:48:34 AM
Right now there's a 19% bonus embedded in the price if you buy ATL.
legendary
Activity: 3178
Merit: 1054
September 14, 2017, 03:41:10 AM

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?


No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

i see. where did you get the info that it will end on Oct 31, i don't see it on the first page. i didn't complete read though i must have missed it because i go directly to the video. bonus would be cool but if its true that it will end on oct 31, i'm going to wait till ETH's price go up again. good luck to the early investors.
sr. member
Activity: 656
Merit: 250
September 14, 2017, 03:19:09 AM

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?


No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.
legendary
Activity: 3178
Merit: 1054
September 14, 2017, 02:58:19 AM

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?

full member
Activity: 378
Merit: 101
September 14, 2017, 01:29:07 AM
ATLANT Announces Premier Sponsorship of
the World Blockchain Conference in London, Sept. 25–26, 2017







Massive marketing now, it's good it will again help to inform people about the ongoing ICO and with a big number of participants that are crypto enthusiast we can expect to see big investment that will come in. The schedule still covered the period of ICO so it's a very smart move by the team, congratulations.
Hopefully, the even will be broadcasted.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 14, 2017, 12:43:14 AM
ATLANT Announces Premier Sponsorship of
the World Blockchain Conference in London, Sept. 25–26, 2017







Massive marketing now, it's good it will again help to inform people about the ongoing ICO and with a big number of participants that are crypto enthusiast we can expect to see big investment that will come in. The schedule still covered the period of ICO so it's a very smart move by the team, congratulations.
legendary
Activity: 2590
Merit: 1089
September 13, 2017, 09:48:46 PM
legendary
Activity: 2590
Merit: 1089
September 13, 2017, 09:46:14 PM
ATLANT Announces Premier Sponsorship of
the World Blockchain Conference in London, Sept. 25–26, 2017






hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
September 13, 2017, 08:25:03 PM
what is the fund collected from the ico sale to date? is there any who can update and follow ico sales results to date
It's here https://atlant.io/, they are summarized so you can see the total amount collected.
Good day!
sr. member
Activity: 518
Merit: 250
LIVECASINO
September 13, 2017, 06:15:04 PM
what is the fund collected from the ico sale to date? is there any who can update and follow ico sales results to date
full member
Activity: 196
Merit: 100
September 13, 2017, 05:15:39 PM
As I see, the various charges did not interrupt ICO. The main thing is not to resemble anything, but how to dispose of this. ATLANT will be great.

Thanks for you vote of confidence!
full member
Activity: 196
Merit: 100
September 13, 2017, 04:59:40 PM
Hello

I have a question also mentioned in telegram but didn't get an answer.
If 10 Million tokens are burned will that affect the listed market cap?
I know it does not really matter but it can have a psychological effect if the market cap is bigger than it actually is.

Hope that the question is clear
Thanks.

While 'market cap' = (# of tokens) x (price of each token) reducing the # of tokens (burning them) shouldn't have an effect on the market cap, as price of each token will increase to compensate.
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