tomkat



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Hero MemberActivity: 1022Merit: 507 Re: [ANN] openANX - Real World Application of Decentralized Exchanges June 01, 2017, 09:57:18 AM #25 Quote from: AsiaNexgen on June 01, 2017, 09:42:45 AM Quote from: onnz423 on June 01, 2017, 09:33:34 AM



Quote from: tomkat on June 01, 2017, 09:28:30 AM 20% for foundation and 20% for early backers is "little" too high for me (even with the lockouts).

The team looks impressive though - good luck with the project.



I agree, i like this project otherwise too, but those reserved amounts seem really high.

This looks like a really interesting project. Any information on how much of the available tokens will be sold for?I agree, i like this project otherwise too, but those reserved amounts seem really high.

The breakdown is only 12% for founders, and 8% from early backers. The treasury 20% is locked for two years, and ear marked to reach the community; community outreach, relevant projects, and also token swap other other projects with synergy.



We dedicated some time to talking to other successful projects and getting their advise on the right mix. We were told several times keep a treasury section that you can use for "blood brother" coin swaps with synergistic projects to motivate the success of both.



Thanks for the question!

The breakdown is only 12% for founders, and 8% from early backers. The treasury 20% is locked for two years, and ear marked to reach the community; community outreach, relevant projects, and also token swap other other projects with synergy.We dedicated some time to talking to other successful projects and getting their advise on the right mix. We were told several times keep a treasury section that you can use for "blood brother" coin swaps with synergistic projects to motivate the success of both.Thanks for the question!

But that's not stated in the OP. If the breakdown is different, then please update it in that table to reflect what you're saying.

Otherwise, the official message is 20% for foundation and 20% for early backers, period. But that's not stated in the OP. If the breakdown is different, then please update it in that table to reflect what you're saying.Otherwise, the official message is 20% for foundation and 20% for early backers, period.