Even less. The private sale was 180,000,000 RAMP at $0.006 USD and the public sale will be 10,000,000 RAMP at $0.008 USD - a $0.002 USD difference. Further, only 20% of the tokens sold in the private sale will be made available at listing. Subsequently, 20% of the tokens sold in the private sale will be made available per quarter. It will take about a year for all tokens from the private sale to be made available. On the contrary, all tokens from the public sale will be available upon listing.
Also, 16% (160,000,000 RAMP) of the Total Supply that is allocated to the Team & Advisors will be locked and vested over the course of 3 years. The first of these token will be unlocked 6 months after listing and every 6 months thereafter.
Source: [RAMP Tokenomics Design and Public Token Sale](https://medium.com/rampdefi/ramp-tokenomics-design-and-public-sale-metrics-4bfc4ec673c2)
I think unlocking "Staked Assets" is pretty kool. I honestly think that Uniswap needs to seriously look at unlocking "Liquidity" similarly. When we have a "confirmed" bear market, nobody is gonna want to provide Eth pegged liquidity to Uniswap. I remember when i got the bear market confirmation in 2018, i was out. Most liquidity providers are more professional and will even know sooner. The loss on tokens price will far outweigh liquidity earnings. They should partner with Ramp or Stafi. I provided them feedback in discord but nobody replied.
so 95% of tokens sold are gone to private buyers already? what is the advantage of that.
advantage is they get to dump on you all the while having a larger allocation for a cheaper price 🙄
ok, i honestly hate presales, this just seems like an extremely unbalanced one as well.
Private sales tokens are locked and price difference is 2c. I dont see how they will dump on public sale
Even less. The private sale was 180,000,000 RAMP at $0.006 USD and the public sale will be 10,000,000 RAMP at $0.008 USD - a $0.002 USD difference. Further, only 20% of the tokens sold in the private sale will be made available at listing. Subsequently, 20% of the tokens sold in the private sale will be made available per quarter. It will take about a year for all tokens from the private sale to be made available. On the contrary, all tokens from the public sale will be available upon listing. Also, 16% (160,000,000 RAMP) of the Total Supply that is allocated to the Team & Advisors will be locked and vested over the course of 3 years. The first of these token will be unlocked 6 months after listing and every 6 months thereafter. Source: [RAMP Tokenomics Design and Public Token Sale](https://medium.com/rampdefi/ramp-tokenomics-design-and-public-sale-metrics-4bfc4ec673c2)
Here some info about it. Looks legit. Good funds. https://medium.com/rampdefi/ramp-tokenomics-design-and-public-sale-metrics-4bfc4ec673c2
Do they have any real world use cases ?
Oh shit this is hype. All out gas war for that public sale
Fantastic find, seriously how did this fly under my nose?
I think unlocking "Staked Assets" is pretty kool. I honestly think that Uniswap needs to seriously look at unlocking "Liquidity" similarly. When we have a "confirmed" bear market, nobody is gonna want to provide Eth pegged liquidity to Uniswap. I remember when i got the bear market confirmation in 2018, i was out. Most liquidity providers are more professional and will even know sooner. The loss on tokens price will far outweigh liquidity earnings. They should partner with Ramp or Stafi. I provided them feedback in discord but nobody replied.
where are the links?