1 Afri = 0.0001 USD (cryptocurrency equivalent*)
(cryptocurrency equivalent*)
Which exchange's price is the base?
bitfinex?
I have the same question.
From the original post:
We define cryptocurrency equivalent as the rate of USD to your cryptocurrency of choice (bitcoin, ether, or litecoin) at the market value in Bitfinex exchange on the timestamp at which your transaction is received in the Afri crowdsale wallet, expressed in the equation: Claimable Afri = (USD rate of your cryptocurrency * number of cryptocurrency units sent) / equivalent crowdsale phase price. For example, if 1 BTC = $5000 when you send your bitcoin transaction, and you send 0.01 BTC during the first crowdsale phase, then you will receive 5000*0.01/0.0001 = 50 000 Afri.
If there is more funding than the initial valuation, we will have a proportional reward, wherein:
Claimable Afri = (Total Afri supply in the respective phase / USD rate of each cryptocurrency * number of cryptocurrency units sent) * (USD rate of your cryptocurrency * number of cryptocurrency units you have sent).