lol, this is just a trick from dev to trick you guys "the investor", it is so simple: for level 1 members, the dev team will get about 90% proceeds, level 2, dev got 70%, level 3 dev got 40%. Now if you are level 3, you pay more, sounds like you will get more, but no. Although you get equivalent 60% from others (4x2.5 + 4x5 + 4x7.5), but most of these are small potatoes, you get only possibly 1% of what you paid. Dev will likely get 90% of your contribution. If you invest 0.02BTC, you may get more if next 4 has a big fish.
Given the ICOBID itself has nothing, this ICO is like a gambling game, with small amount (0.02) may worth it, with bit ones (>1) is a definite loser. I will avoid it, better go to Casino for a much fair game
Hmm.. where did you get your analysis? Your math calculation is broken. Anyway, this is no trick nor like any gambling game. This is simply a bonus to people who are interested to
BUY ICOBID Token during ICO period.
Good analysis. Can be a small gamble with 0.02-0.05 BTCs, is certainly not worth anything more than that. It is a dev's get-rich-quick scheme.
I have to praise the "dev" with those deceiving and very original ideas, they may cheat a few people but certainly they don't cheat intelligent people
How could a broken math calculation a good analysis? So being generous is now cheating? Tell me more about it. I wanted you to details your idea.
This is simple math, and it's not a math class here. I think it is very simple, you get 2.5% from the next 4 buyers, so one buyer next to you will give away his 2.5% 4 times to others as bonus. In this case dev will get the rest 90%. For level 2 you get additional 5%, for the 4, etc. So dev will get a percentage between 40-90%, most likely on the higher side. For those who get "bonus", if you paid 10BTC, your next 4 each paid 0.02 BTC, you will get 4x0.02x2.5% for your level 1 bonus, similar for level 2 and 3, you end of getting maximum something like 0.048 BTC << 1% of what you paid.
This is simple math. dev used a convoluted way to give a wrong impression, fortunately not everyone stupid here, lmao.
So the conclusion as other people said, using 0.02BTC to get max out of it, it's probably like a gamble, anything beyond it is not worth it. Don't be stupid.
