If you need 500 why not set limit as 500?
This was what I was thinking also, when I say at
max 750 BTC. If you budgeted originally for 500 BTC, then set a cap of 500 BTC. I'm guessing this will be used to essentially bootstrap Crypti.
If Crypti becomes a success, which I'm sure it will, the 15-25% of the supply you've set aside for dev funds, would be worth a whole lot more than 500 BTC, those funds could be used for the long term growth of Crypti.
Some of these comments about the 15%-25% dev fund are misleading. Let me clarify this again as I don't think it is being understood the way it was intended.
The 10% of the 15%-25% that decreases as we raise more in the pre-sale is for the dev fund. That is why this number decreases as we make more BTC. If we have more BTC, we don't also need the 10% Crypti.
The 15% is to pay the development team that created Crypti for work already accomplished to get to this point. That includes 9 team members with a set percentage of that amount already being agreed to by each member prior to starting any work as the terms of their employment. That 15% will be managed in a vested strategy which will essentially unlock a portion every 3 months over the next 12 months when all funds will have been awarded. This is to encourage the development team to continue their work and to ensure they continue to increase the valuation of Crypti for investors because if they don't, then when their stakes unlock they will be worthless. It is also to ensure no development team members simply "dump" their Crypti and run off. This money however cannot be allocated to future development initiatives as it has already been designated as payment to the 9 members of the team who have been working for months to get Crypti to launch. It is simply being locked aside by the Foundation and Community to be released on a vested schedule.
So in essence, the 10% and the BTC earned are the development fund for bounties, new initiatives, to hire new developers, market, etc. If the BTC investments reach 500 BTC, the 10% will be re-allocated to the investors (increasing their total allocated funds to 85,000,000) and the development fund will consist of the final tally of invested BTC in the pre-sale (at this point at least 500 BTC).
So in essence, when we talk about the development fund, if we are setting a cap of 750 or 1000 BTC, that is already past the 500 BTC re-allocation phase, so the development fund would be whatever the cap is set to, if we were to earn that much.
Does that all make sense? (My daughter came in to ask me to fill her cup so I feel like I got distracted half way through).