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Dovey "Rug The Fiat" Wan

Can anyone explain why the FTX token numbers didn't add up or my excel is not working for me? pic 1 - 50% of the total tokens are company tokens pic 2 - 60% of the total are non-company tokens pic 2 - 25% of the 60% (15%) are company tokens ??? (brainhurt.gif)

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"About three fifths of non-company tokens are unsold." I'm pretty sure the natural interpretation of that is that 60% of non-company tokens are unsold and 40% are sold; NOT that 60% of all tokens are company tokens.

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I agree the phrasing is a bit confusing but I think the most natural interpretation--which is also the correct one--is that in addition to the original 50%, we also voluntarily locked up another 15% over 3 years as additional company tokens.

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Furkan Yildirim | CCTV

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you mean additional 25% right? I got nosebleeds after reading that section 😂

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25% * 60% = 15%

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but yeah as

points out that 15% is only of 50%, so it's only 7.5% of the total

6:10 PM · Aug 1, 2019Twitter Web App