Mlich
Full Member
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Activity: 211
Merit: 100
Official Augmentors Developer
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March 23, 2017, 07:55:44 AM |
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Dear all ICO backers and the wider Augmentors community,
You have made it possible for us to realise our dream to develop Augmentors, a ground-breaking AR game. Over the last few weeks, we’ve received a few requests from the community to re-evaluate the economies of Databits. Thank you for reaching out with all your comments and concerns; we’ve taken them all into consideration.
We said during the ICO, we would retain 30,000,000 Databits for use by the company during development of the game. After the ICO, and after the feedback received from our backers, we considered and debated whether the current agreement is in the the best interests of our important stakeholder, our backers.
After studying several options to determine the best way of adjusting the Databits allocation so as to ensure that all stakeholders are correctly incentivised, this is our final decision on Databit allocation:
As described during the ICO, we will burn all unsold DTB’s from the 70,000,000 allocated for the ICO. During the ICO, we sold 15,217,819 DTB and thus, the remaining 54 782 181 DTB will be burnt. The company will reduce our Databit holding to 30% of total Databits in circulation and not the previously advertised 30,000,000 DTB. Thus, the company will retain 6,521,922 DTB. This means that the total number of unburnt Databits will be 15 217 819 (from Backers) and 6 521 922 (from the Company) or 21,739,741 DTB and the total number of Databits to be burnt will be 78,260,259 DTB. We believe that this action will protect the interests of our community and that stakeholders’ interests are aligned. Backers will now control 70% of the market cap of Databits. Furthermore, as a company, we are confident that we can execute the development, marketing and launch of the game using the ICO funds and remaining 6,521,922 DTB.
In terms of process, all outstanding DTB’s earned during the ICO will be distributed prior to the 1st of April, as indicated in the terms and conditions. The bounty campaign Databits will be distributed over a 3-month interval starting on the 1st of April. Lastly, once all DTB’s have been successfully distributed, the outstanding Databits will be burnt. An update with more details will be released closer to the time.
Thank you once again for all the support you have shown us. We look forward to sharing an update on the progress of Alpha’s development soon.
Many thanks,
Kyle & Michael
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AUGMENTORS
Worlds 1st Augmented Reality Bitcoin blockchain based game.
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hollandvan
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March 23, 2017, 07:58:25 AM |
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The team does good job, they are honest to offer good part to investors. So they burned their coins.
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xiyuyoufeng
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March 23, 2017, 08:00:08 AM |
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Hope it will be in on exchange polo in future. The game looks very nice and cool.
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MbakNarti
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March 23, 2017, 08:56:16 AM |
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Yeah.Still waiting for AugmentorsGame released. Seemed we needed more patient,
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ICOWHALE
Newbie
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Activity: 10
Merit: 0
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March 23, 2017, 09:05:03 AM |
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I like games like this. what about the DEV team?
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Khilone7
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March 23, 2017, 09:08:42 AM |
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I like games like this. what about the DEV team?
They are great ! Michael Deon Inventor/ Lead Developer The Inventor & developer of the game. Michael has used his history in design & development to create the Augmentors Game & Brand. Continuing to drive the games vision forward. LinkedIn: http://bit.ly/1yfhRm5Twitter: @MichaelDeon23 Kyle Haffenden Managing Director Kyle who has been in the tech field for the last few years has fully dedicated his life and time to focus on managing the company’s day-to-day activities. Kyle has a strong background in management from managing projects to customer service. He also assists the company with Design aspects as he has good experience in Graphic Design. LinkedIn: http://bit.ly/2kfYyJqTwitter: @HaffendenKyle Vinny Lingham Advisor/Investor Vinny Lingham is an internet entrepreneur originally from South Africa. He is best known as co-founder and CEO of Gyft, a mobile gift card company backed by Google. Lingham is a big advocate for Bitcoin, and Gyft was one of the early adopters amongst the businesses to accept Bitcoin as payment. LinkedIn: http://bit.ly/2jVSqHKTwitter: @VinnyLingham Gil Oved Investor Gil Oved is a South African entrepreneur who is the co-founder and co-CEO of The Creative Counsel, South Africa’s largest advertising agency. He is one of the Dragons on the hugely popular television reality show Dragons’ Den South Africa which premiered in the last quarter of 2014 on DSTV. In 2016 Oved was chosen as the first “Shark” on the new series of Shark Tank on M-NET. LinkedIn: http://bit.ly/2kUt76yTwitter @gil_oved Taylor Gibb Developer Taylor is an award winning software developer and international speaker with over 8 years of experience. He is a multi year recipient of the Microsoft MVP award, and as of this year a Microsoft Regional Director. Taylor has worn many hats, but these days he works in Research and Development playing with VR, AR and Mixed Reality using Unity as his tool of choice. Taylor has built products for Fortune 500 companies, but also has extensive experience working with startups through his own venture, Developer Hut. In his spare time he hacks away on charity projects and likes to read books on machine learning, neural networks, compilers and game development. LinkedIn: http://bit.ly/2kfPDrFTwitter: @taybgibb Ross Kelly Developer Ross Kelly is an award-winning game designer, developer and creative technologist with over 10 years of gaming experience whose works spans over 20 games, of which many have been published commercially. Ross has developed games on mobile, web, desktop and console and more recently has been focusing on Virtual, Augmented and Mixed reality experiences. Currently Ross is working in a Research and Development team in a large gaming company focusing on building new products on cutting edge hardware and software in the Virtual and mixed reality fields. Ross has won many local and international awards including the Microsoft Imagine Cup South Africa, 2 years in a row, and more recently the 2015 Global Gaming Awards, and the 2016 International Gaming Awards for Innovation of the year. LinkedIn: http://bit.ly/2jW4tovSeamus Wettergreen Concept Artist Seamus is in charge of bringing the Augmentor creatures to life and creating the world they live in. Starting from quick doodles, creatures are born, lands are formed and relics are discovered. He has many years behind him as a designer and has great passion for the work he does. Artstation: http://bit.ly/2kqZ3Tg
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The Bitcoin Co-op
Legendary
Offline
Activity: 1268
Merit: 1006
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March 23, 2017, 12:01:59 PM |
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Now the team have been very kind to us ico investors, when you get your free databits from the bounty payout, please be kind also and dont wreck the fragile market on the Tux exchange.
Anyone who missed it. Payouts for bounties will be spread over 3 months from April till end of june.
Same goes when you get your ico coins, take time, bitcoin is at floor pice, so chill try and contribute to Augmentors game.
The team have really shown they can be trusted and honest. Lets give them the help and respect they deserve.
C'mon, let it crash just a little bit. Some people are trying to buy at 7000
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We work hard to promote Bitcoin adoption and the decentralization of society. You can support our efforts by donating BTC to 35wDNxFhDB6Ss8fgijUUpn2Yx6sggDgGqS
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MrWhiteBites
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March 23, 2017, 01:06:24 PM |
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Now the team have been very kind to us ico investors, when you get your free databits from the bounty payout, please be kind also and dont wreck the fragile market on the Tux exchange.
Anyone who missed it. Payouts for bounties will be spread over 3 months from April till end of june.
Same goes when you get your ico coins, take time, bitcoin is at floor pice, so chill try and contribute to Augmentors game.
The team have really shown they can be trusted and honest. Lets give them the help and respect they deserve.
C'mon, let it crash just a little bit. Some people are trying to buy at 7000 Any Whale worth his Salt, know what to round up the little Fish and eat them in one go...
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If you don't know who I am, then maybe your best course would be to tread lightly
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Febo
Legendary
Offline
Activity: 2730
Merit: 1288
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March 23, 2017, 02:46:52 PM |
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Now the team have been very kind to us ico investors, when you get your free databits from the bounty payout, please be kind also and dont wreck the fragile market on the Tux exchange.
Anyone who missed it. Payouts for bounties will be spread over 3 months from April till end of june.
Same goes when you get your ico coins, take time, bitcoin is at floor pice, so chill try and contribute to Augmentors game.
The team have really shown they can be trusted and honest. Lets give them the help and respect they deserve.
C'mon, let it crash just a little bit. Some people are trying to buy at 7000 Any Whale worth his Salt, know what to round up the little Fish and eat them in one go... Lol I wonder how much biggest whales have. we will see when distribution will happen. I guess lots have 120k DataBits, But how many have more and how much.
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MrWhiteBites
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March 24, 2017, 08:23:39 AM |
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Its not the Quantity that counts.... But the QUALITY
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If you don't know who I am, then maybe your best course would be to tread lightly
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Kryptowerk
Legendary
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Activity: 2114
Merit: 1403
Disobey.
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March 25, 2017, 12:37:44 PM |
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That's great news, thanks a lot for the info. Can't wait to get my DTB. Now I hope to see an alpha of the game, soon!
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MrWhiteBites
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March 26, 2017, 05:52:12 AM |
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Expect the Alpha Version of the AUGMENTORS GAME coming out this Summer! (so anytime after June)
SO
in the mean time, everyone here who is invested in Augmentors can keep spreading the word on social media and draw as much attention to the game as possible.
If you love life, don't waste time, for time is what life is made up of.
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If you don't know who I am, then maybe your best course would be to tread lightly
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dranster
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March 26, 2017, 07:38:25 AM |
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what is the ICO price of this coin?
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The Bitcoin Co-op
Legendary
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Activity: 1268
Merit: 1006
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March 26, 2017, 07:46:31 AM |
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what is the ICO price of this coin?
10,000 sats at the end, but most people bought their coins in the beginning, I imagine, which was around 6,666 sats. Those people get their coins on Monday
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We work hard to promote Bitcoin adoption and the decentralization of society. You can support our efforts by donating BTC to 35wDNxFhDB6Ss8fgijUUpn2Yx6sggDgGqS
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xlcus
Legendary
Offline
Activity: 966
Merit: 1009
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March 26, 2017, 07:56:24 AM |
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what is the ICO price of this coin?
10,000 sats at the end, but most people bought their coins in the beginning, I imagine, which was around 6,666 sats. Those people get their coins on Monday there are 100 million coins, but only a small fraction of them is sold. What will the left be used for?
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huxdy
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March 26, 2017, 07:57:20 AM |
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cool ICO is it still going on?
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MrWhiteBites
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March 26, 2017, 10:31:28 AM |
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what is the ICO price of this coin?
10,000 sats at the end, but most people bought their coins in the beginning, I imagine, which was around 6,666 sats. Those people get their coins on Monday there are 100 million coins, but only a small fraction of them is sold. What will the left be used for? Read the post on the page before this. THERE ARE ONLY 21.7M COINSThe rest will be burned.
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If you don't know who I am, then maybe your best course would be to tread lightly
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Triload
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March 26, 2017, 10:35:02 AM |
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The price is decent, but why only tux exchange? No more exchanges?
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junder
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March 26, 2017, 10:39:25 AM |
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The price is decent, but why only tux exchange? No more exchanges?
Keep calm, we can see databits in some exchanges later Maybe the dev will be add in bittrex soon.
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