it’s perfectly fair.
@pc911web this applies to you too…
the owners of tokens are losing value on tokens --they “overpaid” when compared to the new price, doesn’t matter if it was silver or TP, because an item which costs more/less TP would sell for more/less silver. there is a relationship between the two currencies, even if it is not an exact conversion rate.
…and so the owners of tokens are receiving compensation for the lost value. this happens to be in the form of TP, which is the only currency that IMC is able to determine any sort of “fair value” for the compensation.
tokens cost 198 TP. they are being reduced to 99 TP. the difference is… 99 TP. therefore this is a “fair” value for the compensation.
this is a simple and easy measurement, tokens have always been 198 TP before, and will always be 99 TP after.
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but suppose you agree with some of the people who say that “people who bought tokens with silver shouldn’t get TP” ?
ok, that’s not actually unreasonable. however, those people are still losing value on the tokens they have paid for, and deserve some compensation for it as well. then, how do you determine what a “fair” silver rate of compensation would be?
well now it gets ugly and messy, and you need to start doing a whole lot of math.
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in the Founders’ access period, tokens were sold at 500k for the first part.
then the price dropped to 350k. but some people sold them at higher prices.
and then f2p came around, and the founders’ packs were removed, and slowly the token supply dwindled, and slowly the prices started to creep up.
but exactly how many were sold at exactly what prices? at the very least, -hundreds- of them were originally listed on the marketplace, AND THAT’S ONLY ON ORSHA! IMC would need to go through every single token sale since launch to determine exact numbers for sales. IMC needs to determine, at the time of -each- of those hundreds of sales, what the exact average of token prices were, individually.
now we have the first 2 parts of the equation: the “baseline” price at time of sale, and from the -actual- sale price, we can calculate the difference from the baseline.
…
now we get to the somewhat more awkward bit.
now we need data from the next 2 months in the future AFTER the reduction to 99 TP cost.
why? well because we need to know what the ACTUAL change in silver value of the sales of tokens are.
why “2 months” ? because that’s how long tokens have been on the market -now- and we want a comparable version of changes that will happen -after- the price change. there will be a period of instability in the market, and we need to get past that to where tokens have a reasonably stable price value again.
if you’ve got a time machine we can do it right now… otherwise the people getting silver for compensation need to wait for 2 and a half months to actually get it. hey this is totally fair, they’re just f2p users, they don’t deserve the same priority as paying users, right?
oh, wait, no, you’ve already argued that they do… but too bad, they have to wait.
after you’ve collected your 2 months of data, you can compare it all… chop off any extreme outliers (prices that are -unusually- far above or below the typical price range. there are mathematical rules on how to do this, and it is done to keep a few “odd” prices from skewing the stats out of line.)
then take the average of those prices.
now we go back to the original pre-discount sales.
for each sale, which must be calculated individually for fairness…
calculate the price difference between the “baseline price” at time of sale, and the average future price of cheaper tokens.
calculate the price difference between the “baseline price” at time of sale, and the “actual price” the token was sold at.
…i’m going to refer to them as BP (baseline price at time of sale) … FP (average of future price) … and SP (actual sale price).
–if the token price went down, the owner is entitled to receive silver equal to the difference between BP, and FP, modified by the difference between BP and SP.
…
example… assume:
-tokens are worth 1million average (base price) at the time of this sale.
-this token was sold for 800k (sale price) … only 80% of the BP.
-tokens in the future are worth 500k (future price)… 50% of the BP.
and so… the owner of this token would be entitled to… 50% of 1 million (the difference between current price and future prices)… modified to 80% (the token was sold for 80% of the base price, so receives 80% of the compensation.)
a final total of about 400k.
…
now… we have to repeat this calculating for every single token that was ever sold before the price change was enacted… probably thousands of sales, maybe even 10’s of thousands.
which will take months to gather the data for the future prices.
then days to actually calculate all the math… or about the same amount of time to write and test a program to do it all.
ORRRRRRR
we could do it all at once, and just say “everyone gets 99 TP”, and just set the inventory scanner to browse the database and check each account and dump 99 TP into it for every token it finds.
minutes versus months.
… jfc, you people better start calling me “sensei” after this… teaching math class in this thread… english class in another…


