RE: WeTrust is robbing their investors of their ETH
https://blog.wetrust.io/eth-and-btc-contribution-dcd16876bf28
This is all they keep sharing, and they won't say anything about it.
Each time I have asked inside of the chatroom, the concern is flooded out. Admin finally came in, and just sent me that link and said to stop flooding.
I have asked @mivsam in slack at least twice now this -
"so what exactly was thought long and hard? That you guys want to pocket the ETH?
So let me get this straight,
The $15 eth I contributed on the first day with a 30% bonus only equals $15 eth (+30% of that value)
Let's say it's worth 15+4.5 = $19.5 worth of ETH/WeTrustCoin
So those who contributed on the last day, eth was $50
So that's now worth $50 ETH/WeTrustCoin so my 1 eth is literally less than 50% (HALF) the value of 1 eth contributed on the last day.
Is this correct, or am I not understanding?
Where is the other 50%+ of ETH/WeTrustCoin that I am missing?
Why should WE be punished for having an early and zealous start to take advantage of the 30%?
So can you answer this to me?
If not in the #general chat room
Can you at least answer this for me?
Why are early investors being punished?"
When making a decision, we need to take into account all of the relevant actors’ needs and interests. This includes the group of crowdsale participants, our escrows, and WeTrust itself.
The most important principle we follow, is that we should avoid — or failing that minimize — any rule changes to the sale once it has begun.
Even if we make such a change, it should not hurt any group of participants to benefit another, not even if it’s benefitting the majority. Why? Under a simplified model, suppose we’re making a change that awards 90% of participants 1 extra TRST each. That means that the remaining 10% lose 9 TRST(!) each. While this will make the majority of our users slightly happier, it would significantly hurt the minority. We don’t perceive this as being fair and will thus avoid any such proposal.
Can you at least answer this for me?
Why are early investors being punished?"