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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO-PRESALE LIVE] ⚡ SMART NODE TOKEN [NEW ERC20] ⚡ "BE SMART, BE PART" on: January 01, 2018, 02:28:54 PM
I think I am going to need some clarification of your Whitepaper regarding the profit distribution:

"Investors will receive monthly profits according to the amount of tokens in their wallets.
If the wallet has 3.000 SMT the investor will receive 30% of monthly profits produced by
the Masternodes; if it has 4.500 SMT the investor will receive 50% of monthly profits; if it
has 6.000 SMT the investor will receive 70% of monthly profits and if it has 7.500 SMT the
investor will receive 90% of monthly profits produced by the Masternodes."

If there is a set amount of profit generated and that is distributed based on how many SMT tokens you have then how are there 30%, 50%, 70%, 90%....?
Hi, whenever you reach one of the amounts that have been set, youŽll receive the profits according to that amount. So if you have for example, 4.000 token you will receive 30% profits over your 4000 tokens and so every amount until you reach the ones that have been set.


OK...

According to what you have written there; Profits are split across all 'holders/wallets' and THEN the % allocation of that profit is provided to the 'holders/wallets' based on their held amount.

If someone is due the 30%, what happens to the other 70%? Either you hold it and provide it later when a higher specified bracket is met (an administrative nightmare and unlikely), you keep it yourselves for whatever as yet unspecified purpose or its burnt.

None of the above sounds good or fair to me.

Additionally under 'What determines the value of a Smart Node Token?'
"If one of the cryptocurrencies of the investment portfolio goes up
in price, SMT does too and the Masternode generates more monthly profit."

What you have written suggests a direct link between token value and portfolio performance. Impossible to do if you are listing on exchanges as per the whitepaper.


I will not be investing, the profit distribution sounds too complex.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO-PRESALE LIVE] ⚡ SMART NODE TOKEN [NEW ERC20] ⚡ "BE SMART, BE PART" on: December 29, 2017, 02:18:40 PM
I think I am going to need some clarification of your Whitepaper regarding the profit distribution:

"Investors will receive monthly profits according to the amount of tokens in their wallets.
If the wallet has 3.000 SMT the investor will receive 30% of monthly profits produced by
the Masternodes; if it has 4.500 SMT the investor will receive 50% of monthly profits; if it
has 6.000 SMT the investor will receive 70% of monthly profits and if it has 7.500 SMT the
investor will receive 90% of monthly profits produced by the Masternodes."

If there is a set amount of profit generated and that is distributed based on how many SMT tokens you have then how are there 30%, 50%, 70%, 90%....?
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [KAYI] Kayicoin on: December 10, 2017, 12:32:08 PM
Kayi, I found your instructions difficult to follow and I do not understand the benefit of using Mercatox. However I got it sorted in the end.

I have written a Steemit post with some clearer instructions Kayi - Instructions on changing your KayiSats to KayiEth

If there are any inaccuracies please let me know, I do not want to be providing incorrect information.

Feel free to link to it.
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