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Topic: [RLT][SMARTPLAY.TECH] 🎰 Vote for the design and get 100 RLT 🎰 - page 39. (Read 66983 times)

sr. member
Activity: 476
Merit: 253
Official representative
Is there any news for an exchanges?
Its very bad that still there was no news about exchange , they said that they will add in exchange at starting of may but still they not done, as op said they are trying to add in bitttrex hope they got to add in bittrex.

We announced before that at the beginning of May we have received the requirements necessary for implementation in order to be able to be listed on big US exchanges. At the moment we are actively finishing their integration into the system after which RLT token is to be added to the exchange. At the same time we are going through the final stage of listing process at Livecoin.net. SmartPlay.tech asks all token holders to be patient since very little time is left till the entry to the exchanges. We'll keep all the users informed about the progress.

sr. member
Activity: 952
Merit: 267
Is there any news for an exchanges?
Its very bad that still there was no news about exchange , they said that they will add in exchange at starting of may but still they not done, as op said they are trying to add in bitttrex hope they got to add in bittrex.
sr. member
Activity: 448
Merit: 250
Is there any news for an exchanges?
sr. member
Activity: 476
Merit: 253
Official representative
The information on the dividends payout

The 8th payout of dividends has been made with 50.5 ETH distributed among 158 RLT token holders.
The average payout amount comprised 0.3 ETH.
sr. member
Activity: 476
Merit: 253
Official representative
When can we expect next payout (for translation and signature?)

Bounty for translators is given every month with the first monthly reward paid 30 days after the post creation. To get the reward, please, send us pm with a report on the topic activity.
hero member
Activity: 531
Merit: 500
When can we expect next payout (for translation and signature?)
sr. member
Activity: 476
Merit: 253
Official representative
Dear RLT token holders,
Today we all received an email about voting for proposal to change dividend distribution system.
I call on everyone to vote against this change.

Here is the proposal:
Quote
it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase

I have a few questions about it:
How is it possible to purshase tokens at the average weekly exchange rate?
Everyone who tried to trade at stock exchanges knows it's impossible just go and buy something there at some specific price. You can place buy order on this price, but it may never be fulfilled. If you need to buy some currency as soon as possible, you can place taker orders and buy at the price other people asks.
In any case, such large purchases, especially when their time and volume are known in advance, cause a temporary price increase. Thus, we will get fewer tokens than we could buy buying them ourselves. Also those who need dividends in ether will go to the exchange to sell received tokens, price will drop and they'll get even less ether.

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Quote
How this weekly exchange rate is going to be determined?
To calculate this rate we need a log of all trades. I have some doubts that Bittrex is going to provide such log. If not, why should we believe their version of this average price? And what if other exchanges decide to list RLT, how can we consider their trades?

Calculation of the average value based on the minimum and maximum prices can be made by each user according to the exchange scale.

Quote
Also, why it is weekly exchange rate? Not monthly or daily, not the rate based on all trades from last dividend distribution...

We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.

Hi
Nice elaboration.
I wish every investor and supporters will appreciate the necessary cheange nedded to be implemente!

Thanks dev for
giving us all those details.



Thank you for supporting our project! Every user's opinion is important for us, since by evaluating our service and expressing your thoughts about our work you help us to go forward.

The voting has finished. There are 4 users who voted against the changes, one of them has no tokens on the balance. Total share of these token holders comprises 0.007% of all the volume. Based on the results of the voting we announce the changes required for listing on Bittrex to be approved by the users. All the necessary operations to introduce the modifications are to be implemented by SmartPlay.tech in the nearest time.
btw after this vote, what next plan ?
And how about update exchange with bittrex ?

The next step is to finish all the necessary changes for entry to big exchanges. At the same time we are finishing the work on the light version of Roulette that wll not demand installing extensions and 3D design. After that we will launch extended advertising campaign for attracting thousands of players.
sr. member
Activity: 490
Merit: 250
Dear RLT token holders,
Today we all received an email about voting for proposal to change dividend distribution system.
I call on everyone to vote against this change.

Here is the proposal:
Quote
it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase

I have a few questions about it:
How is it possible to purshase tokens at the average weekly exchange rate?
Everyone who tried to trade at stock exchanges knows it's impossible just go and buy something there at some specific price. You can place buy order on this price, but it may never be fulfilled. If you need to buy some currency as soon as possible, you can place taker orders and buy at the price other people asks.
In any case, such large purchases, especially when their time and volume are known in advance, cause a temporary price increase. Thus, we will get fewer tokens than we could buy buying them ourselves. Also those who need dividends in ether will go to the exchange to sell received tokens, price will drop and they'll get even less ether.

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Quote
How this weekly exchange rate is going to be determined?
To calculate this rate we need a log of all trades. I have some doubts that Bittrex is going to provide such log. If not, why should we believe their version of this average price? And what if other exchanges decide to list RLT, how can we consider their trades?

Calculation of the average value based on the minimum and maximum prices can be made by each user according to the exchange scale.

Quote
Also, why it is weekly exchange rate? Not monthly or daily, not the rate based on all trades from last dividend distribution...

We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.

Hi
Nice elaboration.
I wish every investor and supporters will appreciate the necessary cheange nedded to be implemente!

Thanks dev for
giving us all those details.



Thank you for supporting our project! Every user's opinion is important for us, since by evaluating our service and expressing your thoughts about our work you help us to go forward.

The voting has finished. There are 4 users who voted against the changes, one of them has no tokens on the balance. Total share of these token holders comprises 0.007% of all the volume. Based on the results of the voting we announce the changes required for listing on Bittrex to be approved by the users. All the necessary operations to introduce the modifications are to be implemented by SmartPlay.tech in the nearest time.
btw after this vote, what next plan ?
And how about update exchange with bittrex ?
sr. member
Activity: 476
Merit: 253
Official representative
Dear RLT token holders,
Today we all received an email about voting for proposal to change dividend distribution system.
I call on everyone to vote against this change.

Here is the proposal:
Quote
it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase

I have a few questions about it:
How is it possible to purshase tokens at the average weekly exchange rate?
Everyone who tried to trade at stock exchanges knows it's impossible just go and buy something there at some specific price. You can place buy order on this price, but it may never be fulfilled. If you need to buy some currency as soon as possible, you can place taker orders and buy at the price other people asks.
In any case, such large purchases, especially when their time and volume are known in advance, cause a temporary price increase. Thus, we will get fewer tokens than we could buy buying them ourselves. Also those who need dividends in ether will go to the exchange to sell received tokens, price will drop and they'll get even less ether.

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Quote
How this weekly exchange rate is going to be determined?
To calculate this rate we need a log of all trades. I have some doubts that Bittrex is going to provide such log. If not, why should we believe their version of this average price? And what if other exchanges decide to list RLT, how can we consider their trades?

Calculation of the average value based on the minimum and maximum prices can be made by each user according to the exchange scale.

Quote
Also, why it is weekly exchange rate? Not monthly or daily, not the rate based on all trades from last dividend distribution...

We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.

Hi
Nice elaboration.
I wish every investor and supporters will appreciate the necessary cheange nedded to be implemente!

Thanks dev for
giving us all those details.



Thank you for supporting our project! Every user's opinion is important for us, since by evaluating our service and expressing your thoughts about our work you help us to go forward.

The voting has finished. There are 4 users who voted against the changes, one of them has no tokens on the balance. Total share of these token holders comprises 0.007% of all the volume. Based on the results of the voting we announce the changes required for listing on Bittrex to be approved by the users. All the necessary operations to introduce the modifications are to be implemented by SmartPlay.tech in the nearest time.
hero member
Activity: 812
Merit: 500
Dear RLT token holders,
Today we all received an email about voting for proposal to change dividend distribution system.
I call on everyone to vote against this change.

Here is the proposal:
Quote
it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase

I have a few questions about it:
How is it possible to purshase tokens at the average weekly exchange rate?
Everyone who tried to trade at stock exchanges knows it's impossible just go and buy something there at some specific price. You can place buy order on this price, but it may never be fulfilled. If you need to buy some currency as soon as possible, you can place taker orders and buy at the price other people asks.
In any case, such large purchases, especially when their time and volume are known in advance, cause a temporary price increase. Thus, we will get fewer tokens than we could buy buying them ourselves. Also those who need dividends in ether will go to the exchange to sell received tokens, price will drop and they'll get even less ether.

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Quote
How this weekly exchange rate is going to be determined?
To calculate this rate we need a log of all trades. I have some doubts that Bittrex is going to provide such log. If not, why should we believe their version of this average price? And what if other exchanges decide to list RLT, how can we consider their trades?

Calculation of the average value based on the minimum and maximum prices can be made by each user according to the exchange scale.

Quote
Also, why it is weekly exchange rate? Not monthly or daily, not the rate based on all trades from last dividend distribution...

We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.

Hi
Nice elaboration.
I wish every investor and supporters will appreciate the necessary cheange nedded to be implemente!

Thanks dev for
giving us all those details.

sr. member
Activity: 476
Merit: 253
Official representative
So if I agree with the change I do not have to send anything anywhere?

Exactly! If you agree with the changes, there is no need to vote. Voting is offered to those who don't support this idea.
newbie
Activity: 59
Merit: 0
So if I agree with the change I do not have to send anything anywhere?
hero member
Activity: 938
Merit: 500
Dear RLT token holders,
Today we all received an email about voting for proposal to change dividend distribution system.
I call on everyone to vote against this change.

Here is the proposal:
Quote
it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase

I have a few questions about it:
How is it possible to purshase tokens at the average weekly exchange rate?
Everyone who tried to trade at stock exchanges knows it's impossible just go and buy something there at some specific price. You can place buy order on this price, but it may never be fulfilled. If you need to buy some currency as soon as possible, you can place taker orders and buy at the price other people asks.
In any case, such large purchases, especially when their time and volume are known in advance, cause a temporary price increase. Thus, we will get fewer tokens than we could buy buying them ourselves. Also those who need dividends in ether will go to the exchange to sell received tokens, price will drop and they'll get even less ether.

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Quote
How this weekly exchange rate is going to be determined?
To calculate this rate we need a log of all trades. I have some doubts that Bittrex is going to provide such log. If not, why should we believe their version of this average price? And what if other exchanges decide to list RLT, how can we consider their trades?

Calculation of the average value based on the minimum and maximum prices can be made by each user according to the exchange scale.

Quote
Also, why it is weekly exchange rate? Not monthly or daily, not the rate based on all trades from last dividend distribution...

We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.
i vote for change system dividend , and go to bittrex
RLT tokenwill pump hight after listed on bittrex  Wink
sr. member
Activity: 476
Merit: 253
Official representative
Dear RLT token holders,
Today we all received an email about voting for proposal to change dividend distribution system.
I call on everyone to vote against this change.

Here is the proposal:
Quote
it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase

I have a few questions about it:
How is it possible to purshase tokens at the average weekly exchange rate?
Everyone who tried to trade at stock exchanges knows it's impossible just go and buy something there at some specific price. You can place buy order on this price, but it may never be fulfilled. If you need to buy some currency as soon as possible, you can place taker orders and buy at the price other people asks.
In any case, such large purchases, especially when their time and volume are known in advance, cause a temporary price increase. Thus, we will get fewer tokens than we could buy buying them ourselves. Also those who need dividends in ether will go to the exchange to sell received tokens, price will drop and they'll get even less ether.

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Quote
How this weekly exchange rate is going to be determined?
To calculate this rate we need a log of all trades. I have some doubts that Bittrex is going to provide such log. If not, why should we believe their version of this average price? And what if other exchanges decide to list RLT, how can we consider their trades?

Calculation of the average value based on the minimum and maximum prices can be made by each user according to the exchange scale.

Quote
Also, why it is weekly exchange rate? Not monthly or daily, not the rate based on all trades from last dividend distribution...

We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.
hero member
Activity: 672
Merit: 500
SmartPlay.tech announces the voting as a part of the final stage of entry to the Bittrex

On May 4 an important stage of negotiations has been  held with representatives of Bittrex, during which all prospects and conditions for the listing of the  token were discussed, and the  further direction for work was determined. To implement the addition of RLT on the exchange, the founder of Bittrex Bill Shihara has provided us with the requirements necessary for execution. Due to the fact that the Bittrex administration is based in Nevada and operates under US legislation, the tokens listed on the exchange are subject to limitations connected with the prohibition of the distribution of dividends in ether.

We understand that listing on the exchange is high  priority event, important for all holders of the token, therefore, basing  on the recommendations of Bittrex, it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase. Entry into the exchange will have a positive impact on the value of RLT allowing investors trading digital shares in pair with other currencies.

To receive feedback from the owners of the tokens SmartPlay.tech launches a three-day poll the participants of which will be able to express their opinion on the implementation of these changes and in case of disagreement vote against them. Owners of RLT tokens can confirm their disagreement by sending the minimum amount of transaction 0.0001 ETH to the address 0x144048309E703BfD7a04527e58644F87F5dDDBa7. If the investors and players  whose total share of RLT is more than 50% of the amount participating in the ICO and testing the platform (about 2,100,000 RLT) vote against, the changes will be canceled and another option of the work the exchanges will be developed. Voting will last until 8 p.m GMT on May 11th, 2017.

Detailed information on the changes

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Calculation of the average value based on the minimum and maximum prices can be made by each user. We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.


vote Done!!! gud luck @SMARTPLAY
hero member
Activity: 812
Merit: 500
SmartPlay.tech announces the voting as a part of the final stage of entry to the Bittrex

On May 4 an important stage of negotiations has been  held with representatives of Bittrex, during which all prospects and conditions for the listing of the  token were discussed, and the  further direction for work was determined. To implement the addition of RLT on the exchange, the founder of Bittrex Bill Shihara has provided us with the requirements necessary for execution. Due to the fact that the Bittrex administration is based in Nevada and operates under US legislation, the tokens listed on the exchange are subject to limitations connected with the prohibition of the distribution of dividends in ether.

We understand that listing on the exchange is high  priority event, important for all holders of the token, therefore, basing  on the recommendations of Bittrex, it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase. Entry into the exchange will have a positive impact on the value of RLT allowing investors trading digital shares in pair with other currencies.

To receive feedback from the owners of the tokens SmartPlay.tech launches a three-day poll the participants of which will be able to express their opinion on the implementation of these changes and in case of disagreement vote against them. Owners of RLT tokens can confirm their disagreement by sending the minimum amount of transaction 0.0001 ETH to the address 0x144048309E703BfD7a04527e58644F87F5dDDBa7. If the investors and players  whose total share of RLT is more than 50% of the amount participating in the ICO and testing the platform (about 2,100,000 RLT) vote against, the changes will be canceled and another option of the work the exchanges will be developed. Voting will last until 8 p.m GMT on May 11th, 2017.

Detailed information on the changes

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Calculation of the average value based on the minimum and maximum prices can be made by each user. We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.


Hi
Nice details. And
opportunity for holders to
establish democracy utilizing Satoshi's wonder
innovation the Blockchain.
I'm not an
expert on dividends economy. But I'm almost clear about Dev's explanation. In fact at
same time feeling the fear of emptiness! That are mostly created by whales intention to taking advantage of everything hiding under. So dev can you
please give ourselves
regarding one of our community members [ pash7ka ] concern
about providing dividend by RTL instead of Ethereum?
For me it's too late for returing back from bittrex negotiations with empty handed!

Thanks!
sr. member
Activity: 476
Merit: 253
Official representative
SmartPlay.tech announces the voting as a part of the final stage of entry to the Bittrex

On May 4 an important stage of negotiations has been  held with representatives of Bittrex, during which all prospects and conditions for the listing of the  token were discussed, and the  further direction for work was determined. To implement the addition of RLT on the exchange, the founder of Bittrex Bill Shihara has provided us with the requirements necessary for execution. Due to the fact that the Bittrex administration is based in Nevada and operates under US legislation, the tokens listed on the exchange are subject to limitations connected with the prohibition of the distribution of dividends in ether.

We understand that listing on the exchange is high  priority event, important for all holders of the token, therefore, basing  on the recommendations of Bittrex, it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase. Entry into the exchange will have a positive impact on the value of RLT allowing investors trading digital shares in pair with other currencies.

To receive feedback from the owners of the tokens SmartPlay.tech launches a three-day poll the participants of which will be able to express their opinion on the implementation of these changes and in case of disagreement vote against them. Owners of RLT tokens can confirm their disagreement by sending the minimum amount of transaction 0.0001 ETH to the address 0x144048309E703BfD7a04527e58644F87F5dDDBa7. If the investors and players  whose total share of RLT is more than 50% of the amount participating in the ICO and testing the platform (about 2,100,000 RLT) vote against, the changes will be canceled and another option of the work the exchanges will be developed. Voting will last until 8 p.m GMT on May 11th, 2017.

Detailed information on the changes

The mechanism of the distribution amount distribution itself won't be changed. If the required number of ethers is accumulated on the gaming contract balance (at the moment it is not less than 50 ETH), this amount will be sent to the exchange by creating the orders for the purchase of RLT tokens. The initial price is expected to grow by several times and in the future will be calculated from the weekly average exchange rate. Immediately after entering Bittrex, the cost of RLT will increase, which will not only increase the value of dividends for token holders, but also create favorable conditions for its sale. The distribution of dividends in the form of tokens will be produced after the completion of the order. In the event that a change in the price occurs during the purchase of tokens, the rest RLT will be purchased at a new cost. Owners of tokens after adding it to the exchange will also be able to make a sale for a favourable price.

Calculation of the average value based on the minimum and maximum prices can be made by each user. We chose weekly period based on the fact that at the moment the distribution of dividends occurs on average basis once a week. In the future, as the activity on the site and the frequency of the distribution amount accumulation increase, this parameter can be changed.
newbie
Activity: 53
Merit: 0
Dear RLT token holders,
Today we all received an email about voting for proposal to change dividend distribution system.
I call on everyone to vote against this change.

Here is the proposal:
Quote
it is planned to change the dividend payment system with the distribution of dividends in RLT tokens, which will be purchased at the average weekly exchange rate  and distributed after the purchase

I have a few questions about it:
How is it possible to purshase tokens at the average weekly exchange rate?
Everyone who tried to trade at stock exchanges knows it's impossible just go and buy something there at some specific price. You can place buy order on this price, but it may never be fulfilled. If you need to buy some currency as soon as possible, you can place taker orders and buy at the price other people asks.
In any case, such large purchases, especially when their time and volume are known in advance, cause a temporary price increase. Thus, we will get fewer tokens than we could buy buying them ourselves. Also those who need dividends in ether will go to the exchange to sell received tokens, price will drop and they'll get even less ether.

How this weekly exchange rate is going to be determined?
To calculate this rate we need a log of all trades. I have some doubts that Bittrex is going to provide such log. If not, why should we believe their version of this average price? And what if other exchanges decide to list RLT, how can we consider their trades?

Also, why it is weekly exchange rate? Not monthly or daily, not the rate based on all trades from last dividend distribution...

We are offered to replace the simple verifiable (dividends are distributed with a contract) system to something opaque. We will loose some part of the profits, giving it to stock speculators.

I do understand why Bittrex likes such change: they'll receive guaranteed amount of exchanges, periodic pumps and dumps and will have a good commission for all this. But why do we need it?!
Please, vote against this proposal! According to the letter, we have to send 0.0001 ETH to the address 0x144048309E703BfD7a04527e58644F87F5dDDBa7 to confirm our disagreement.
sr. member
Activity: 476
Merit: 253
Official representative
"every player is a patner" i think include tester.
i see on the site http://www.smartroulette.io "Including XXXX RLT credited temporarily till
05/14/2017 05:32"
cant wait Smiley

The reward for testing the game was credited in temporary RLT tokens available for 30-60 days. All the dividends received by you during this period will remain on your balance in ethers. Those who actively promote the project and participate in current promotions receive permanent tokens for an unlimited usage.
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