A new study published in June in the journal Geochemistry, Geophysics, Geosystems suggests that there are 1,000 times more diamonds below the surface of the Earth than was previously thought.
Forwarded from ICOs Daily ann
BREAKING: Essentia crowdsale reopened to allow 5 ETH worth of tokens to be purchased at 1000x discount (1/2)
Between 17:46 and 18:27 UTC earlier today, a number of interesting events transpired on the Essentia crowdsale contract [1]
Sequence of events
- The admin increased the cap with setMaxCap() to 6865401549824066800000 [2]
- The admin called setPubEnd() to 2018-07-17 21:05:32 [3]
- A user sent 5.1397 ETH to the newly reopened crowdsale contract [4]
- Within the same block, the admin changed the token price with the function setPrice [5]. Due to transaction ordering, this didn't affect the previous purchase.
- The admin calls setPubEnd() to a time in the past to close the crowdsale [6]
- Our mystery user withdraws their 55580 ESS tokens [7]
- A new end date is set, opening the contract once more [8]
- Our mystery user sends 5.1324 ETH. The new token price is now in place. [9]
- Crowdsale is closed again [10]
- Our mystery user withdraws their 55525290 ESS tokens, bought at the new price [11]
The 2nd token purchase price was 1000x cheaper
A look at the flow of transactions shows that the intent was to allow a purchase of approx 5 ETH to receive a huge amount of tokens. This didn't go to plan the first time because setPrice() confirmed too slowly, so the purchase had to be repeated.
1 ETH = 10813 ESS at crowdsale. The purchaser now has 5005 ETH worth of ESS tokens for appox 10 ETH.
@icosdaily has reached out to Essentia for an explanation.
Between 17:46 and 18:27 UTC earlier today, a number of interesting events transpired on the Essentia crowdsale contract [1]
Sequence of events
- The admin increased the cap with setMaxCap() to 6865401549824066800000 [2]
- The admin called setPubEnd() to 2018-07-17 21:05:32 [3]
- A user sent 5.1397 ETH to the newly reopened crowdsale contract [4]
- Within the same block, the admin changed the token price with the function setPrice [5]. Due to transaction ordering, this didn't affect the previous purchase.
- The admin calls setPubEnd() to a time in the past to close the crowdsale [6]
- Our mystery user withdraws their 55580 ESS tokens [7]
- A new end date is set, opening the contract once more [8]
- Our mystery user sends 5.1324 ETH. The new token price is now in place. [9]
- Crowdsale is closed again [10]
- Our mystery user withdraws their 55525290 ESS tokens, bought at the new price [11]
The 2nd token purchase price was 1000x cheaper
A look at the flow of transactions shows that the intent was to allow a purchase of approx 5 ETH to receive a huge amount of tokens. This didn't go to plan the first time because setPrice() confirmed too slowly, so the purchase had to be repeated.
1 ETH = 10813 ESS at crowdsale. The purchaser now has 5005 ETH worth of ESS tokens for appox 10 ETH.
@icosdaily has reached out to Essentia for an explanation.
Forwarded from ICOs Daily ann
References (2/2)
[1] Essentia crowdsale contract
https://etherscan.io/address/0xcd85f4fd1c87d6ba898b697c13ded067e5041a32
[2] setMaxCap()
https://etherscan.io/tx/0x2212fba6a9b12bdefc6d0e6e04f2fbab9e6e8f466038d166fb0de1e6ce7e3d1d
[3] setPubEnd()
https://etherscan.io/tx/0x41830322482b9a068fc4bc283c7c730e88e8ce4c50fc9eccbcc2c5baec0f9136
[4] 5.139 ETH tx
https://etherscan.io/tx/0xc3b71cf7c908c7c8bd6782657afd0433de9bfb0026355f28bad067e7bc2bbf38
[5] setPrice()
https://etherscan.io/tx/0xa600b99fd45973b8418879d9cc4a63550316618bf96d88ebcc9a1c381496e0c7
[6] setPubEnd()
https://etherscan.io/tx/0x4d041e7033a22eaf25d66284fe4edc59b7780330062057568c5c920161798a4d
[7] First withdrawal, 55580 ESS for 5.139 ETH
https://etherscan.io/tx/0xf0e9e8e288d2798b4e835e64be5c81f468f34a67158a167b24ce96f9a73d5470
[8] contract reopened
https://etherscan.io/tx/0x3d428e2c4c5e8c516a8001f399549aefdf510d31da0c392f2110260e845b588d
[9] 5.134 ETH tx
https://etherscan.io/tx/0x637e5d1f8e5577267bd51ce9ce199214d7bec591dc7a6d25801414abf454c8d1
[10] setPubEnd()
https://etherscan.io/tx/0xd27f5217c007a7fdb37ad8b35357a4e8d707b3c595d91331e6e651556b4e157f
[11] Second withdrawal, 55525290 ESS for 5.134 ETH
https://etherscan.io/tx/0x53abcf40239959592fa5efa1be07f244495ee81b0aadcdf9c0fa0ad552da9543
[1] Essentia crowdsale contract
https://etherscan.io/address/0xcd85f4fd1c87d6ba898b697c13ded067e5041a32
[2] setMaxCap()
https://etherscan.io/tx/0x2212fba6a9b12bdefc6d0e6e04f2fbab9e6e8f466038d166fb0de1e6ce7e3d1d
[3] setPubEnd()
https://etherscan.io/tx/0x41830322482b9a068fc4bc283c7c730e88e8ce4c50fc9eccbcc2c5baec0f9136
[4] 5.139 ETH tx
https://etherscan.io/tx/0xc3b71cf7c908c7c8bd6782657afd0433de9bfb0026355f28bad067e7bc2bbf38
[5] setPrice()
https://etherscan.io/tx/0xa600b99fd45973b8418879d9cc4a63550316618bf96d88ebcc9a1c381496e0c7
[6] setPubEnd()
https://etherscan.io/tx/0x4d041e7033a22eaf25d66284fe4edc59b7780330062057568c5c920161798a4d
[7] First withdrawal, 55580 ESS for 5.139 ETH
https://etherscan.io/tx/0xf0e9e8e288d2798b4e835e64be5c81f468f34a67158a167b24ce96f9a73d5470
[8] contract reopened
https://etherscan.io/tx/0x3d428e2c4c5e8c516a8001f399549aefdf510d31da0c392f2110260e845b588d
[9] 5.134 ETH tx
https://etherscan.io/tx/0x637e5d1f8e5577267bd51ce9ce199214d7bec591dc7a6d25801414abf454c8d1
[10] setPubEnd()
https://etherscan.io/tx/0xd27f5217c007a7fdb37ad8b35357a4e8d707b3c595d91331e6e651556b4e157f
[11] Second withdrawal, 55525290 ESS for 5.134 ETH
https://etherscan.io/tx/0x53abcf40239959592fa5efa1be07f244495ee81b0aadcdf9c0fa0ad552da9543