Is there any information about how many investors joined the crowdsale and bought tokens so far?
I can`t seem to find such information.
How can such information be verified?
I`m sorry if my questions sound stupid,i`m not very familiar with crowdsales.
You can only check the BTC address they give you after linking your BTC address. There you see at least how many BTC are received and in how many transfers. Right now its around 0.3BTC on average.
Something more. How does the NOVS system work?
1)
All fees are collected in one "address" or "pot" and once a week the NVOS will be send to the NVOT owner right?
2)
How is that calculated?
Do you take the dollar value (of fees) of each transaction at given time or do you collect all fees and take the dollar value at the time of the distribution?
3)
Also you wrote all NVOS will be worth 0.99cents. How is that possible?
All fees are probably based the currencies they originate from. BTC -> LTC the fee will be either BTC or LTC (maybe both).
Lets assume you receive 300$ worth of fees in BTC,LTC,ETH and you create 300 NOVS. They are distributed to all holders (lets say 300 owner).
Every owner gets 1 NVOS, goes to the market, exchanges the NVOS (who buys the NVOS)
3.1: Can we decide what currencies we like for the NVOS?
3.2: What happens to the different currencies and fees? Are they exchanged to BTC for payouts right away or left as is?
3.3: How can we trust that we will receive the fees when you claim NVOS is 0.99cents (fixed price) but the exchange rate from the fees has dropped 50% in the week between trade and payout?
3.4: Who is holding the fees for us in the time between trade and payout?
3.5: How can we trust you site if the fees are not instantly send to investors? I can't see a difference between NVO and BTC-E other that I store my funds on my own wallet instead of theirs...
Thanks for asking.
1- They will be processed (sent) once a week.
2-3 The value of the NVOS is fixed, 0.99$ in Bitcoin, which means that the supply will be adapted accordingly.
3.1 No, only Bitcoin.
3.2 The fees will be exchanged on a milestone system, they have to accumulate enough in order not to be wasted in mining fees.
3.3 refer to 3.2, that's why it is Bitcoin (3.1), and if the value of Bitcoin drops, NVO will loose too.
3.4 NVO will hold the fees, untill we can automate the process.
3.5 We can't fake the volumes and can't controle the wallets, you will also be able to check on each trading where the fees are going and follow the addresses.