Topic: Closed - page 148. (Read 136600 times)
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.
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.
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.
ATLANT is a premiere sponsor of World Blockchain Forum : https://london.keynote.ae/sponsors
Come visit if you're in London!
Come visit if you're in London!
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)
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.
This math doesn't quite work, Avocado777, because Atlant is not a bag of cash, divided into tokens, its future projected cash flows implied in the token value, with funding from the ICO to aid the development and marketing efforts.
1P ETH = 505 ATL = $262 (currently)
To figure out the ATL price in $ divide the price of 1 ETH in $ by 505 (present level)
Pm me if you'd like I'll elaborate, or ping me on Telegram
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)
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.
on the joining bounty in this project, I hope also this project can achieve maximum sales. unfortunately yesterday just joined bounty sosmed course. hopefully can produce. success for atlanta
thank you)
This project seems to be a good choice. I see some competitors in real estate blockchain market but this project is far better from each one from them. I spend few long hours to look true all this projects and I think Atlant will be a winner in this race. Keep up.
Thank you for your support
on the joining bounty in this project, I hope also this project can achieve maximum sales. unfortunately yesterday just joined bounty sosmed course. hopefully can produce. success for atlanta
This project seems to be a good choice. I see some competitors in real estate blockchain market but this project is far better from each one from them. I spend few long hours to look true all this projects and I think Atlant will be a winner in this race. Keep up.
I just recieved Atlant tokens, but i cant move them...
They will become movable after the ICO is over, on Oct 31st.
My MEW adress got hacked, thats why i need to move them... Ou? so you cant move them till 31st...
Unfortunately only after the ICO.
Dear Moderator,
I will be signing off the signature campaign for about 10 days, hope my stakes from being part of the atlant signature campaign from august till date is paid.
I will be signing off the signature campaign for about 10 days, hope my stakes from being part of the atlant signature campaign from august till date is paid.
Hi tuaddio, all conversations regarding the bounty are meant for the bounty thread https://bitcointalksearch.org/topic/closed-2053308
Dear Moderator,
I will be signing off the signature campaign for about 10 days, hope my stakes from being part of the atlant signature campaign from august till date is paid.
I will be signing off the signature campaign for about 10 days, hope my stakes from being part of the atlant signature campaign from august till date is paid.
I just recieved Atlant tokens, but i cant move them...
They will become movable after the ICO is over, on Oct 31st.
My MEW adress got hacked, thats why i need to move them... Ou? so you cant move them till 31st...
I just recieved Atlant tokens, but i cant move them...
They will become movable after the ICO is over, on Oct 31st.
I just recieved Atlant tokens, but i cant move them...
its you have atlant from invest ?
where will you move it? i think you can hold it on your address before listed exchange and you can move them for sure
I just recieved Atlant tokens, but i cant move them...
Would like to remind anyone that's new here about this comparison chart of most real estate ICO projects:
https://medium.com/@atlantio/real-estate-ico-comparison-chart-ab002b497141
https://medium.com/@atlantio/real-estate-ico-comparison-chart-ab002b497141
Let's wait for September the 15th.
Buying and Selling Property made Easy with ATLANT. Very high Potential ICO.
The reason the cap is large is because we are aiming to fix a global issue. We can start fixing it wirth one street or with one continent, or anything in between.
Obviously the funds required to reinvent the way real estate is transacted is well north of our cap, yet our goals are ambitions enough to do just that.
I didn't yet check your math, but it is largely irrelevant. The reason is that we have declared from the very start that we will burn any unsold tokens. Because of this anyone who participates should benifit from an anti dilutive effect.
Obviously the funds required to reinvent the way real estate is transacted is well north of our cap, yet our goals are ambitions enough to do just that.
I didn't yet check your math, but it is largely irrelevant. The reason is that we have declared from the very start that we will burn any unsold tokens. Because of this anyone who participates should benifit from an anti dilutive effect.
Burning unsold tokens is frankly your only option. You need to let the marketplace decide the value of ATLANT, and not try to artificially inflate it. Look at the example set by Civic (yes different application, but they got their ICO right). $33M hard cap at ICO, which created the demand to send it flying to $141M today. If they had been greedy and gone for $100M, it's entirely possible they would be worth LESS than that today. It suits you long term to create more demand via cheaper tokens & a smaller cap.
The math is not irrelevant - you are asking people to purchase at an instant loss on the prospect that a $100M market cap has room to grow.
But burning the unsold tokens is a good thing and could balance out this problem.
We have not deviated from the start, that we will burn the balance of unsold tokens BEFORE our tokens start trading.
This will increase % of token holding for every participant should we not reach the cap. Thus it is a win for everyone.
Jump to: