How does the tier system work?
As an example, let’s say we have 100 participants in this IDO and we have 1,000,000 tokens for sale, let’s calculate how many tokens will be available for each investor based of every tier.
50 Hawking, 20 Tesla, 15 Newton, 10 Einstein and 5 Musk tiered participants.
(Pool equation = Participant x Pool weight)
50 x 15 = 750
20 x 40 = 800
15 x 130 = 1950
10 x 300 = 3000
5 x 750 = 3750
Total Weight: 10,250
Weight equation = Tokens / Total weight or 1000000 / 10,250 = 97.56
(Pool equation x Weight equation)
50 x 15 x 97.56 = 73,170
20 x 40 x 97.56 = 78,048
15 x 130 x 97.56 = 190,242
10 x 300 x 97.56 = 292,680
5 x 750 x 97.56 = 365,850
Divide the pool weight by the amount of participants in each pool tier, so it looks as follows:
73,170 / 50 = 1,463.4 Tokens per participant
78,048 / 20 = 3,902.4 Tokens per participant
190,242 / 15 = 12,682.8 Tokens per participant
292,680 / 10 = 29,268 Tokens per participant
365,850 / 5 = 73,170 Tokens per participant
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