STARTS ON March 23rd 2019
On the basis of the number of bitcoins collected, it will be determined the starting price in for the Skelpy . After this operation will be issued all the Skelpy (SKP) to the participants at the TEC.
for TEC: 2.000.000 SKP
Supporting with Altcoins
Accepted are: , ETH, LISK, ARK. For those partecipants supporting with rather than , the value of the used will be determined during the TEC period. The value will be calculated by picking the value of each at the moment of the donation.
Hard Cap
A funding ceiling of 2,000 has been established. This is to ensure that those who sent receive a certain amount of Skelpy after the end of the TEC. If the 2,000 limit is reached, the TEC will be closed and the SKP get distributed to the participants.
Price per Skelpy
The price of the Skelpy will depend upon the amount raised during the TEC. The price will be determined based on this calculation:
Scenario: Skelpy received 250 and the calculated value of alternative currencies received is 50 at the end of the TEC.
Total value received = 250 + 50 = 300 .
Skelpy Price = 300 / 2,000,000 SKP = 0.00015
DISTRIBUTION CALCULATIONS
Scenario: Skelpy received 250 and the calculated value of alternative currencies received is 50 at the end of the TEC.
On March 23rd John sent 5
Total value received = 250 + 50 = 300 .
John’s Percentage of TEC distribution is:
[5 / 300 ] = 0.0166666
John’s final distribution is:
0.0166666 * 2,000,000 SKP = 33,333 SKP
Notes:
If John sent different (ETH, LISK, ARK) the value will be immediately converted to the correlating value for the calculation. John sent 5 and 10 ETH:
Value of ETH at moment of transaction was: 0.05731
John’s total contribution in is 5.05731 .
USEFUL LINKS
Published at Mon, 28 Jan 2019 09:19:30 +0000
![This price resistance level may hold key to [btc] bull market](https://ohiobitcoin.com/storage/2019/01/P8r4aE.png "This price resistance level may hold key to [btc] bull market")