Bounty company, for registration, the team offers 75 of their tokens and the same for each referral.
My referral link for registration. http://bounty.authorship.com/ref/H8199318
The team described how the price of the Authorship token will be determined.
Hello everybody. The usual question that we get is the value of the ATS tokens, so we wanted to share with you an explanation of our minimum projected price. 1 ATS will have a recommended initial trading price of $ 0.15 (15 cents), no matter how much we collect on the ICO. Why do we think that 1 ATS will have a MINIMUM price of $ 0.15.
There are only 100M ATS-tokens. At a price of $ 0.15, the total amount of ATS Market Cap will be $ 15 million. According to CoinMarketCap.com, more than 200 coins have a market capitalization of more than $ 15 million. 200 coins out of a total of 1,000 coins have a market capitalization of more than $ 15 million. This means that we need to get into the 200 best coins worth at least $ 0.15 . If we move to the Top-100, the price will be 3-4 times higher. Taking into account that our platform is absolutely unique, we work in a market where no one competes with us, we have an ATS token with real use (thousands of authors will sell their books for ATS, and millions of readers will pay ATS for books).
How many ATS do I get tokens for 1 ETH? The exact amount of ATS that you receive for 1 ETH will be determined after the sale is completed. The amount will be determined by dividing 100 million ATS tokens by the total amount collected in ETH.
Below you will find the calculation of how many ATS points investors receive for 1 ETH based on the amount that we collect.
If we raise $ 7 million (~ 21,000 ETH), then for 1 ETH you will get 5000 ATS.
If we raise $ 5 million (~ 15,000 ETH), then for 1 ETH you get 6,600 ATS.
If we raise $ 3 million (~ 9,000 ETH), for 1 ETH embedded you get 11,000 ATS.
If we raise $ 2 million (~ 6,000 ETH), for 1 ETH we will invest 16,600 ATS.
Why did we choose this calculation method for the ATS price. The idea of this is to stop reselling (this is the problem of many ICOs). Thus, people will stop investing more money in the ICO after a certain point (say, after we reach $ 5 million), because they will not get the required number of tokens. Our goal is to collect only the amount that allows us to build a platform; not 20 times more cash than we need. When a person receives too much money, (the price of tokens will be overstated, so you will see that they will become cheaper, and not rise in price). After making sure that we have this average limit, we can be sure that both sides will win (we, authorship, we can build a platform with the funds that we received, and investors earn money, and chips can only increase in price due to a limited offer) .
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