How do you distribute reward for participating in ICO and Bounty campaigns?
ICO and Bounty campaigns’ rewards are distributed in a different ways because the campaigns differ a lot.
ICO - is actually direct investments. For those who invested their money into our project distribution works as shown below.
We take the investment amount and add a bonus which depends on the date when the investment was made, e.g. those who invested in the first days of the campaign get 50% bonus. The amount with the bonus is divided to the MNX/BTC exchange rate at the moment of the campaign completion.
Let say, that a person invested 0.5 BTC in the first days of the campaign and he is eligible for 50% bonus. His reward formula will look like this:
0,5 BTC + 50% / 0.00230755 = 325 MNX
Currently to withdraw the coins from ICO account you should wait for the confirmation email and reply it by even a simple "yes". This way you confirm that you are the owner of the account and have access to the registered email. Confirmation email is sent to the address which you registered at the ICO account. Note that email may go to Spam folder.
You can check information at our ICO campaign at https://minexcoin.com/?r=site/ico
Bounty campaign rewards’ distribution was a bit more difficult because each task was estimated differently. You can check “price” for different tasks on the Bounty campaign at https://blog.minecoin.org/minexcoin-bounty-campaign-4413fea291f8
Withdrawal orders for Bounty rewards are checked manually to avoid mistakes which could take place at automated distribution as well as detecting bots and multi accounts.
Currently, we have the list of the bots and multi accounts detected https://docs.google.com/document/d/1loQjUoOleSKj-ITowlo4ZbdO499i7IojnPOMWnw2_iQ/edit
If you find yourself in the list but you do not agree with this, please, send us an email to email@example.com and provide us with the proof that you are not a bot or that was your only account. We’ll be happy to re-check information and send your coins to you or explain why we wouldn’t do it.
In order to receive your bounty reward of 10 MNX or more you should wait for the confirmation email and reply it by even a simple "yes". This way you confirm that you are the owner of the account and have access to the registered email. Confirmation email is sent to the address which you registered at the bounty account. Note that email may go to Spam folder.
Rewards less that 10 MNX are being sent without confirmation from your side after the manual check.
Note that withdrawal orders are being processed within office hours at weekdays and they are not at weekends or holidays.
NOTE: If we have sent the coins to the investor or participant from ICO or bounty accounts and there is a transaction hash to confirm that the coins arrived at the recipient address, we are not responsible for further actions of the user concerning the coins.
Please feel free to contact us at any time if you have any further questions.