Bitsdaq is a a new exchange based in Singapore and backed by the well known Bittrex exchange.
Early this year, I joined their promotion campaign to help make the exchange popular and we were rewarded with some candies, which is to be swapped to bqqq( their native exchange token) and I was lucky to accumulate 33,000 bxbc candies.
With this incentive, a lot of promoters sign for the exchange, but the team kept posting promoters about the future swapping ratio. When they conducted their IEO on their platform it was cost at about $0.0065/bqqq, I couldn't purchase the IEO because it was always sold out in seconds, I had to go and buy from IDEX a decentralized exchange so I won't miss the train, I have since sold off some and having the rest in my private wallet since the price was acting funny.
Just yesterday, they released the swapping ratio from Candy to bqqq and guess what it was just 300:1, and this is reported to be limited to just the first 10,000 fastest fingers with some slight bonus. With this formula, my 33K candy will now be 110bqq, this is currently worth $0.99 from
https://coinmarketcap.com/currencies/bitsdaq/ tracking. The sign up bonus was 5,000 candies, I have to share my link and pressed my referrals to complete KYC and I daily login to increase my chances, but all effort is just useless. For the people who only sign up and completed just KYC, they will have just 16.66bqqq and that is worth 15cent.
Although bitsdaq team said they wanted to protect the token price, which is good for an investor like me, but I feel they are been dishonest with their early promoters. What do you think about this
bitsdaq exchange team swapping ratio?
ANN link:
https://bitcointalk.org/index.php?topic=5104773.0Airdrop/bounty Link:
https://bitcointalk.org/index.php?topic=5098918.0