nice project. joined airdrop and waiting till exchanges to buy
Hi Fidelmi
Thank you for your generous support.
I suggest not waiting for til it is on the exchange. Why?
You will miss out on the extra months of mining rewards.
Our tokens will be 50% locked up over a 2-month vesting schedule once ICO ends. For the rest of the tokens, most investors will be staking them for the hashing power for mining rewards. This means it will be very difficult to buy on the exchanges, as there may be nothing circulating at all in the market. Furthermore ICO investors get extra interest for the lock up, which is one-off only for ICO investors.
Overall we expect supply to be very tight until it will be difficult to buy from the exchanges unless you offer a high price because of the token mechanism of MXM.
Let me point you to the part in the whitepaper:
1. 50% of MaxiMine will be gradually released：
➢ 20% will be released at the end of the sale
➢ 15% will be released 1 month after the end of the sale
➢ 15% will be released 2 months after the end of the sale
2. 50% of MaxiMine will be locked according to the token holder’s preferred period to
gain interest rewards. This privilege is only applicable for investors from the ICO stage.
➢ 6 Months (Annual rate of return = 4%, lock 10,000 MXM, receive 10,200 MXM
after expiration)
➢ 9 Months (Annual rate of return = 5%, lock 10,000 MXM, receive 10,375 MXM
after expiration)
➢ 12 Months (Annual rate of return = 6%, lock 10,000 MXM, receive 10,600 MXM
after expiration)
➢ 15 Months (Annual rate of return = 7%, lock 10,000 MXM, receive 10,875 MXM
after expiration)
➢ 18 Months (Annual rate of return = 8%, lock 10,000 MXM, receive 11,200 MXM
after expiration)
➢ 21 Months (Annual rate of return = 9%, lock 10,000 MXM, receive 11,575 MXM
after expiration)
➢ 24 Months (Annual rate of return = 10%, lock 10,000 MXM, receive 12,000 MXM
after expiration)
