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RE: RPX - Red Pulse Token will be the first ICO to run on NEOContract System
Yes, but only for RPX being held by the user on our Red Pulse platform. This is from section 7.2 of our whitepaper:
"The supply of RPX will increase over time, with each RPX mining at a rate of 10% per year using the NEO blockchain consensus algorithm. Half of this is distributed proportionally to current holders of RPX on the Red Pulse platform as a holding yield, while the other half is used to provide payment to content producers on the platform. RPX held “off the platform” in wallets, exchanges, and other locations, will not receive the holding yield to help offset the effects of the annual inflation."
Let me know if you have any other questions, or reach out to a team member directly on our Slack (coin.red-pulse.com/slack).
How many tokens will be released and what is the max supply?
Max supply will depend on the price of NEO 1 hour before the ICO. We have a standard rate of 1,000 RPX for 1 NEO (in addition to the bonuses at each stage). However, we'll be using the price of NEO 1 hour before the ICO to determine how much NEO we will accept until we reach the USD 15 million cap on the ICO.
Please share the new Slack invite, one on your website has expired, I will share the same with others.