marineboss
Jr. Member
Offline
Activity: 154
Merit: 3
Korean Syndicate / Translator
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January 30, 2018, 12:19:09 PM |
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Hello!
I've looked over some of the project details in the whitepaper, and it's an interesting project, especially since it engages the healthcare industry from a consumer standpoint. However, I had a small concern with the amount of tokens (and therefore, the inherent value) that is being reserved and awarded for the bounty program.
Currently, to my knowledge, the conversion rate stands at 100 EHF tokens to 1 ETH at the ICO price. Just looking at the Facebook bounty campaign, for example, one can stand to earn 30-80 EHF tokens guaranteed per week, which equates to around 0.3-0.8 ETH, or 350-850 USD per week.
0.3 ETH in value per week! That's quite a substantial amount, don't you think? I'm a little alarmed that the tokens are given out in terms of unit value, instead of token stakes. Are there limits set in place to limit the tokens that are able to be distributed for the bounty? Did I misread something?
Or perhaps that, since 100 EHF tokens = 1 ETH, then each token is, at the time of ICO, worth more than $10.
Would love to discuss this further. Thanks!
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