So, I asume the total number of tokens is 100m ? If so, the investors get 54m of the total 100m?
Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that: After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:
10% for the DECENT Foundation 2% for the Investment Fund 1,000,000 DCT for DECENT Bounty program 3,000,000 DCT for Pre-software marketingMeaning: => the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)
Hope that helps. Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply? If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it. To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate. Do you have a clearer answer like: yes your correct or no the % that the ivestors(ofcourse I mean ico buyers) are getting is xx% of total supply ? P.S.I am curious if your going to give me the bullshit formulla again for the 3-rd time as answer Probably yes, probably no, but ask a Decent representative or your crystal ball if you want a glimpse in the future. P.S. My "bullshit" formula did not help you. Get some help elsewhere. With all due respect. With all the respect sorry if I offended you, but if you dont have a good answer let the DECENT team respond. No offense was taken. But it's OK.
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So, I asume the total number of tokens is 100m ? If so, the investors get 54m of the total 100m?
Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that: After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:
10% for the DECENT Foundation 2% for the Investment Fund 1,000,000 DCT for DECENT Bounty program 3,000,000 DCT for Pre-software marketingMeaning: => the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)
Hope that helps. Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply? If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it. To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate. Do you have a clearer answer like: yes your correct or no the % that the ivestors(ofcourse I mean ico buyers) are getting is xx% of total supply ? P.S.I am curious if your going to give me the bullshit formulla again for the 3-rd time as answer Probably yes, probably no, but ask a Decent representative or your crystal ball if you want a glimpse in the future. P.S. My "bullshit" formula did not help you. Get some help elsewhere. With all due respect.
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So, I asume the total number of tokens is 100m ? If so, the investors get 54m of the total 100m?
Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that: After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:
10% for the DECENT Foundation 2% for the Investment Fund 1,000,000 DCT for DECENT Bounty program 3,000,000 DCT for Pre-software marketingMeaning: => the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)
Hope that helps. Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply? If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it. To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate.
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Let S be the token sale amount and T a variable that represents 70% of all DCT tokens. In detail, we have: S + .1T + .02T + 1 000 000 + 3 000 000 = T S + .12T + 4 000 000 = T S + 4 000 000 = .88T S sets the value of the variable T: T = (S + 4 000 000)/.88 [...] [...] And that of all DCT tokens: T = .7DCT DCT = T/.7 QED
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So, I asume the total number of tokens is 100m ? If so, the investors get 54m of the total 100m?
Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that: After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:
10% for the DECENT Foundation 2% for the Investment Fund 1,000,000 DCT for DECENT Bounty program 3,000,000 DCT for Pre-software marketingMeaning: => the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)
Hope that helps.
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For ICO, can we send Bitcoin from Exchanges or from own wallet only? And when and where will be generated investing BTC address?
Please, answer, interesting too We must be ready, can send BTC from Exchanges? And also what time of the day does the ICO open. Interesting question. I assumed it was 00:00 - 23:59 on September 10. A Decent representative should clarify this. Anyway, they have a countdown clock on http://sale.decent.ch/.
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Great article. I'm wondering how this project compare to MaidSafe As far as I understand it, MaidSafe is about changing the way current Internet functions, making it serverless (decentralizing the whole Internet; new protocol) while Decent is about media distribution, press, video, etc. (content decentralization).
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looking forward to join the ico! Looks great develop
That makes two of us. Hope the project will succeed.
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I've just noticed I have not been yet accepted in the list. End of ICO is nearing, so I wanted to know.
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How much time does someone need to wait in order to be accepted in the signature list?
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=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)
This part clarifies everything. Thanks. It might be helpful to put it on OP to take away doubts and confusion.
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My apologies if this has already been addressed, but after several reads of the distribution shown on the first page of this announcement, I remain confused. Any help answering the questions in the image below is appreciated. You are right, something about the coin issuance is a bit confusing. Quoting OP: DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way [...]"This" in "Part of this" is an anaphor referring back to the predicate phrase "70% of the total DCT distributed", to be grammatically correct. I think the OP editor meant it to refer to the prepositional phrase subpart "total DCT distributed". This error is a case of unclear pronoun reference (ungrammatical in formal English) and is the reason why people are so confused, and rightly so. The phrase "Part of this" would be better replaced by something like "The remaining 30%". No need to add the phrase "will be also premine funds that" as it is totally redundant here. Everyone knows the 70% will be a premine, much as they do the 30% since neither PoS nor PoW was mentioned anywhere on the OP. My 2 DCT.
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When will we be able to trade this? Are there plans to trade this prerelease?
I have just read a few comments back and indeed it would seem that trading should start in Q1 2017.
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Signed up to the Sig Campaign. Hope it's not too late. Just heard about this project.
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Any plan to have BRX on Polo?
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.... And the TX ID of burned BRX just like it was done for BRK too.
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Dev forgot to put in the new BRX supply on OP. Still said 12.5 M.
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This makes me wonder, is trumpcoin presently making crypto great again? or is it just now a SuperPAC coin contributing to making America great again, in the sense of supporting a "free" presidential candidate? "Presently" as in before Teth token release. "Free" as in free from lobbyists. I think the book, above all things, should emphasize the fact that Trumpcoin is the first SuperPAC coin behind a very strong candidate -- what it is currently doing being more important than what it plans to do in the future.
You might be overthinking this a bit. I believe all of what you stated can be summarized on either the back cover or in the Foreword, Preface, Introduction, etc. The chosen title is simple, catchy and plays along with D.J. Trump's campaign theme, which is recognizable world-wide. Just my opinion Yes, you are probably right. Was just expressing a thought on this.
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This makes me wonder, is trumpcoin presently making crypto great again? or is it just now a SuperPAC coin contributing to making America great again, in the sense of supporting a "free" presidential candidate? "Presently" as in before Teth token release. "Free" as in free from lobbyists. I think the book, above all things, should emphasize the fact that Trumpcoin is the first SuperPAC coin behind a very strong candidate -- what it is currently doing being more important than what it plans to do in the future.
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Request Christopher P. Thompson, author of the Trump Coin book would like to ask the community for title suggestions. Maybe some of you can suggest some titles? I'm quite fond of the current title actually I agree, it is what it is. Maybe some kind of tag line? With such title, I think adding a tagline might be too much. I mean "Making Crypto Great Again" already looks like a tagline, doesn't it?
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