Closed

[fdanconia]

lets do some math:

total tokens: 150M (~$100,000,000 - which is fucking laughable for an ICO.  you should be raising 1/10th of this)
total ICO: 103.5M
total presale: 5.2M ($1.5m)
current ICO, after 5.5 days: 3.4M ($2.0m)

current MKT cap: $3.5M
current tokens: 8.6M

current token value: $3.5/8.6 = $0.40 ea.

presale token cost: $1.5/5.2 = $0.288 ea.
current ICO token cost: $2.0/3.4 = $0.588 ea.
final ICO token cost: ~$100/150 = $0.67

do you see why nobody is investing?  you have aimed too high.  you will not raise $100m.  burn 50% of your tokens immediately (including those held for yourselves)

Thank you for the calculations. I also invested, but am worried a bit because of the numbers. I'd like to add a bit to the math:

Only the unsold coins meant for the ICO will be burned, none of those meant for the team or the bounty programm! This means there will be 22.5M tokens for the team, 19M tokens for the bounty programm, and only 8.5M held due to pre-sale and ICO (gives you a total of 50M). If ICO doesn't raise significantly more, which it only will if some changes are made, these are the numbers. Sure, the individual percentage of tokens held rises, but the percentage for all buyers is lowered.

 So, current token value: $3.5M/50M  = $0.07 ea.
 final token value (if al tokens were sold): $50M/150M = $ 0.33 ea.
During ICO one has to pay almost ten fold.

Other ICOs (real estate type too) calculate the team share as a percentage of the sold tokens. As mfgex correctly statet, you'll have to burn the same percentage of team tokens, ICO tokens and bounty tokens in order for sale contributors not having to pay everything but only be getting 20% of the tokens, not 69% as you state on the website. That number is only true if all 100M were sold. Other ICOs fix the percentage held by buyers at at least 50%. Sorry, team and bounty people, but I'm sure you'll see the injustice towards investors, if only they lose token percentage.

Unfortunately this way the ICO is mathematically simply unattractive. One can expect the token value to drop by a factor of ten once the tokens are on the exchange and basically feel how ones investment is simply drained towards the team members.


I'm new to the forum and hope not to be judged solely because of that. Only sharing my thoughts in a civil manner. Hope the project still makes it, despite an unfair situation for ICO investors.

This math doesn't quite work,  Avocado777, because Atlant is not a bag of cash, divided into tokens, its future projected cash flows implied in the token value, with funding from the ICO to aid the development and marketing efforts.

1P ETH = 505 ATL = $262 (currently)

To figure out the ATL price in $ divide the price of 1 ETH in $ by 505 (present level)

Pm me if you'd like I'll elaborate, or ping me on Telegram

[1715115653]

1715115653

[fdanconia]

ATLANT is a premiere sponsor of World Blockchain Forum : https://london.keynote.ae/sponsors

Come visit if you're in London!

[jroco]

Hello

I have a question also mentioned in telegram but didn't get an answer.
If 10 Million tokens are burned will that affect the listed market cap?
I know it does not really matter but it can have a psychological effect if the market cap is bigger than it actually is.

Hope that the question is clear
Thanks.

[starb]

As I see, the various charges did not interrupt ICO. The main thing is not to resemble anything, but how to dispose of this. ATLANT will be great.

[fdanconia]

Hello

I have a question also mentioned in telegram but didn't get an answer.
If 10 Million tokens are burned will that affect the listed market cap?
I know it does not really matter but it can have a psychological effect if the market cap is bigger than it actually is.

Hope that the question is clear
Thanks.

While 'market cap' = (# of tokens) x (price of each token) reducing the # of tokens (burning them) shouldn't have an effect on the market cap, as price of each token will increase to compensate.

[fdanconia]

As I see, the various charges did not interrupt ICO. The main thing is not to resemble anything, but how to dispose of this. ATLANT will be great.

Thanks for you vote of confidence!

[fdanconia]

https://medium.com/@atlantio/atlant-announces-premier-sponsorship-of-the-world-blockchain-conference-in-london-sept-ee05b3cd75

[mrongoz22]

what is the fund collected from the ico sale to date? is there any who can update and follow ico sales results to date

[Viscore]

what is the fund collected from the ico sale to date? is there any who can update and follow ico sales results to date

It's here https://atlant.io/, they are summarized so you can see the total amount collected.
Good day!

[Jcga]

ATLANT Announces Premier Sponsorship of
the World Blockchain Conference in London, Sept. 25–26, 2017

[Jcga]

Feel free to visit the Atlant french Ann !

https://bitcointalk.org/index.php?topic=2145040.0

Vive Atlant !

[mirakal]

ATLANT Announces Premier Sponsorship of
the World Blockchain Conference in London, Sept. 25–26, 2017

Massive marketing now, it's good it will again help to inform people about the ongoing ICO and with a big number of participants that are crypto enthusiast we can expect to see big investment that will come in. The schedule still covered the period of ICO so it's a very smart move by the team, congratulations.

[SuperNovah90]

ATLANT Announces Premier Sponsorship of
the World Blockchain Conference in London, Sept. 25–26, 2017

Massive marketing now, it's good it will again help to inform people about the ongoing ICO and with a big number of participants that are crypto enthusiast we can expect to see big investment that will come in. The schedule still covered the period of ICO so it's a very smart move by the team, congratulations.

Hopefully, the even will be broadcasted.

[electronicash]

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?

[cleygaux]

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?

No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

[electronicash]

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?

No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

i see. where did you get the info that it will end on Oct 31, i don't see it on the first page. i didn't complete read though i must have missed it because i go directly to the video. bonus would be cool but if its true that it will end on oct 31, i'm going to wait till ETH's price go up again. good luck to the early investors.

[fdanconia]

Right now there's a 19% bonus embedded in the price if you buy ATL.

[bitcoinentchen]

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?

No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

i see. where did you get the info that it will end on Oct 31, i don't see it on the first page. i didn't complete read though i must have missed it because i go directly to the video. bonus would be cool but if its true that it will end on oct 31, i'm going to wait till ETH's price go up again. good luck to the early investors.

1 ETH worth 250$ or 1 ETH worth 350$ , at the end you get the same amount of ATL´s.

So it would be smarter to buy cheap ETH and contribute with them

[marketone]

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?

No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

i see. where did you get the info that it will end on Oct 31, i don't see it on the first page. i didn't complete read though i must have missed it because i go directly to the video. bonus would be cool but if its true that it will end on oct 31, i'm going to wait till ETH's price go up again. good luck to the early investors.

1 ETH worth 250$ or 1 ETH worth 350$ , at the end you get the same amount of ATL´s.

So it would be smarter to buy cheap ETH and contribute with them

Yes, this is the right time for people who want to grab some ATL coin because right ETH is dead cheap in the market. If once the price of ETH increases and the value of ATL coin will also increase.

[fdanconia]

the project may never really going to work in my country but i'd like to gamble some how after all this seem to be a legit project. and eth is dirt cheap so before it dip down to almost 200, i've going to send it elsewhere. this ICO is going to end in 7 days right?

No I think this ICO will end on October 31, and Its 7 days past after the ICO start, correct me if im wrong.This project is really interesting if you read the whitepaper this is for long term investment.

i see. where did you get the info that it will end on Oct 31, i don't see it on the first page. i didn't complete read though i must have missed it because i go directly to the video. bonus would be cool but if its true that it will end on oct 31, i'm going to wait till ETH's price go up again. good luck to the early investors.

1 ETH worth 250$ or 1 ETH worth 350$ , at the end you get the same amount of ATL´s.

So it would be smarter to buy cheap ETH and contribute with them

Precisely, if you believe that ETH will grow, it makes sense to buy ATL now.