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uetokenceo

26 karma · joined June 27, 2017

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uetokenceo··on Useless Ethereum Token – The world's first 100% honest Ethereum ICO
Not yet! But that's because the crowdsale doesn't start until July 4th. I announced the ICO a week early to make sure everyone has a fair chance to make a smart decision with their money and not buy these.
uetokenceo··on Useless Ethereum Token – The world's first 100% honest Ethereum ICO
Thanks for taking a close look at the distribution strategy!

You're absolutely right, this strategy does encourage contributors to wait until the end of the crowdsale period, since they'll get more tokens for the same cost. And you're also right about multiple transactions being more fruitful, since the amount of additional tokens isn't dependent upon the contribution amount; a previous version of the contract would have permitted 0 Ether transactions to effectively get free tokens, but I've since changed it to require a contribution of at least 0.01 Ether (three bucks, give or take a few cents) in order to get any tokens above and beyond the contribution amount. In theory, this will encourage many smaller (but not tiny) transactions spread out across the crowdsale.

But at the end of the day, does it really matter? The tokens are useless and you shouldn't buy them. Seriously.

uetokenceo··on Useless Ethereum Token – The world's first 100% honest Ethereum ICO
Useless Ethereum Token CEO here. AMA!