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RE: Shedding some light on the EOS Token Purchase Agreement

in #eos • 7 years ago

Determined by the market a.k.a. the effect of many decisions made by many brains. :)

If you put in 1 ETH during one of the 23h windows and now one else sends any ETH that day, you get 100% of the EOS tokens.
If you put 1 ETH and multiple people put in a total of 99 more ETH that day, then you get 1% of the ETH for this 23h time slot "auction". Since 1 ETH divided by 100 ETH = 1%
Had only 49 ETH been added that day, your 1ETH would have purchased you 2% of the daily EOS tokens.
Makes sense?

7 years ago in #eos by
$0.90
  • Past Payouts $0.90
  • - Author $0.73
  • - Curators $0.16
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     7 years ago  

    then it is better to wait for the second or third window? cause you get it cheaper?

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       7 years ago  

      That OR more people will know about it and it'll be more expensive. If we knew the answer to that question we'd all be whales d: