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Hi all
I have just read this part:
"How will the conversion happen?
For each ADST tokens, you will be entitled to 1, 10 or 100 coins in the new blockchain. Exact conversion ratio will depend on the prices of ADST tokens on the market. We will aim to choose such rate that ADS price will fall between $0.10 and $1. This price range is optimal for the network growth according to our analysis.
For example, if ADST tokens will trade around $0.80 at the time of the conversion we will choose the ratio of 1 ADST = 1 ADS. On the other hand, if ADST tokens will trade on $5.50 we will select 1 ADST = 10 ADS rate, so 1 ADS will be valued at $0.55.
The conversion will last for some time, but we will immediately process to list ADS coins on exchanges. This time we will focus on the big ones. We did not commit full resources to list ADST tokens because these tokens are only temporary. Now we will focus all our attention and resources to register ADS coins on high-quality exchanges."
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That sounds okay, but how does it work? Automatically? If i buy now the "old coins -> ADST" for example on cryptopia?
An interesting trading strategy, but what will the team do if the coin is pamped? If the price of a coin is high, then will the advertising price rise?I have just read this part:
"How will the conversion happen?
For each ADST tokens, you will be entitled to 1, 10 or 100 coins in the new blockchain. Exact conversion ratio will depend on the prices of ADST tokens on the market. We will aim to choose such rate that ADS price will fall between $0.10 and $1. This price range is optimal for the network growth according to our analysis.
For example, if ADST tokens will trade around $0.80 at the time of the conversion we will choose the ratio of 1 ADST = 1 ADS. On the other hand, if ADST tokens will trade on $5.50 we will select 1 ADST = 10 ADS rate, so 1 ADS will be valued at $0.55.
The conversion will last for some time, but we will immediately process to list ADS coins on exchanges. This time we will focus on the big ones. We did not commit full resources to list ADST tokens because these tokens are only temporary. Now we will focus all our attention and resources to register ADS coins on high-quality exchanges."
---
That sounds okay, but how does it work? Automatically? If i buy now the "old coins -> ADST" for example on cryptopia?
Die Frage bezieht sich eher auf das Austauschen. Das hat mit dem Preis an sich nichts zu tun. Wieso man das allerdings noch konvertiert macht für mich erst einmal keinen Sinn. Auf S. 26 steht allerdings, dass der Umtausch problemlos und über längeren Zeitraum möglich ist..
