Gnosis, in trying to do something new with their ICO have muddied the waters. And now everyone seems to be blindly swimming around looking for clarity. Accusations of greed seem well founded when looking at the maths.All I am hoping for is the market to be clever enough to wait until the price goes down below $2.00 a token.
The dutch auction mechanism a great token sale experiment because the game theory behind it means you raise the correct amount and people's optimal strategy is to bid exactly what they think the token is worth (because you will get it for the current price or less).The details of the token distribution is here.
You can participate in the auction via Kraken and they will be listing the tokens for trade, once the auction is finished. I suggest you read this thread to get your facts right, if you are thinking of investing on FOMO.