Topic: [SHT] [ICO] Scavenger Hunt Token - The worldwide token hunt (Read 159 times)

How many SHT tokens are there?

The SHT tokens can be bought for ETH during the crowdsale period without any limit, although the price gets higher, during this period. After the crowdsale, it is no longer possible to buy more,. This means that the total supply is fixed at the crowd-sale end. Where the coins are hidden, is based on an algorithm that uses a one way key based on the GPS location and a pre-configured contract key. This then uses a chance in percentage calculation to determine the payout. These chances are:
100.000 (0,000001%)*
1.000 (0,001%)
500 (0,01%)
200 (0,1%)
50 (1%)
3 (10%)

To calculate the amount of hidden tokens, we first need to determine the amount of possible dig locations. We have divided our earth into GPS based grids of about 100 by 100 meters. This is done by actually rounding the GPS coordinates to 3 decimals, and using that spot, to dig for tokens.

Based on this information, we can calculate the maximum amount of GPS values. This is: For Lat: -90,000 to +90,000 making it 180.000 possible Lat Values.
For Long this is: -180,000 to +180,000 making it 360.000 possible Long values.

This brings the total possible dig locations to: 180.000 * 360.000 = 64.800.000.000. However we assume that most people will dig on Land, so that means that around 30% is actually “diggable”. This brings down the potential to 64.800.000.000 * 30% = 19.440.000.000 diggable spots. Let’s cal this “constant” D.

If we then take the chance of finding tokens into the equasion, and change the % to the actual number, this results in:
D*0,00000001 * 100.000 = 19.440.000 SHT
D*0,000001 * 1.000 = 19.440.000 SHT
D*0,0001 * 500 = 972.000.000 SHT
D*0,001 * 200 = 3.888.000.000 SHT
D*0,01 * 50 = 9.720.000.000 SHT
D*0,1 * 3 = 5.832.000.000

Adding this all up, this brings us to kind of realistic total of: 20.450.880.000 SHT tokens. But we need to add the initial token sale amount here, too.
Note: Tokens cannot be splitted, or divided so we always find, transfer or sell 1 single token.

Also there is a catch. Digging for tokens, actually DESTROYS one token. Meaning that the supply will shrink, during digging. I of course cannot predict the final supply, but you can imagine that chance is playing a big role. However, we do always track the amount of tokens currently in supply on our token trackers, on the website (as part of the smart contract).

Remember Pokemon go? Well, we are the first Initial Coin Offering (ICO) where you can get crypto currencies by walking around in the real world! We have hidden different coins all over the world. Get SHT1, SHT2 and SHT3 by digging, but you are not alone! Other hunters are trying to find them before you, so be fast! To dig for SHT tokens, you need to go outside. During the crowdsale you can buy SHT only with Ethereum. The crowdsale has different phases, so be quick to buy them cheap!

https://www.sht.watch/images/ico_site.png
Visit our ICO at https://www.sht.watch


The following deadlines apply:

•    1000 tokens for 0.01ETH @ 1st Phase till March 31st 2018
  
•    500   tokens for 0.01ETH @ 2nd phase April 1st - April 30th 2018
  
•    100   tokens for 0.01ETH @ Last phase May 1st - June 30th 2018
  
•    After July 1st 2018 Only digging for tokens is possible
  

Why invest in SHT?
We have a location based (GPS) token that allows the tracking and tracing of real-time objects on the blockchain. SHT looks like a game, but the technology is created for various location based use-cases. We have the possibility to attach tokens to real-world object providing location based incentives for users. E.g. you will get 10.000 extra coins if you visit our store within the next 24 hours. The SHT technology can make this happen!

Our apps
https://www.sht.watch/images/ico_apps.png

Our Roadmap
https://www.sht.watch/images/roadmap.png

Our Technology
https://www.sht.watch/images/ico_tech1.png
https://www.sht.watch/images/ico_tech2.png