Topic: [ANN] [DeFi] wPGO (Wrapped Pengolincoin) (Read 542 times)

Congratulations, sold out and what are the next steps to make the development of this project even further? Will it fit the roadmap?

Great News! All 2,000,000 wPGO has sold out! The community has decided not to hold a public sale so we are moving on to listing wPGO. Thank you to all who invested! We will strive to make your investment grow!

My apologies for missing this reply, I must have not noticed there is a reply and the thread were drowned by other new posts on my list. Glad that you bumped it and took my attention.

To continue and simplify the... curiosity, this is what you have in mind while you planned your tokenomics:

Total supply is 2,000,000, hard cap is at 1,500,000. This means you planned to have 500,000 wPGO for team and development allocation, which goes as follows:

25% Development & Operations
25% Dex liquidity
20% Marketing & Promotions
15% Partnerships and Exchanges
15% Team Development

I'll make it easy with the rounded rate of ETH highest from past days, namely at 1,400 USD/ETH, while factually the rate and amount in mind while budgeting this tokenomics were much lower, as it follows early Jan's ETH price. And I'll assume your token price raises 100% from the presale price, namely at 0.000004.

So, based on above points, you planned to have


Were you saying you planned exchanges, team development, projecr development, liquidity, and marketing with less than 3,000 USD at best? And please don't use the excuse "nothing is set in stone" as it is rather unprofessional, because if you're really serious with a project, you won't stray far --or at all-- from the goal you set yourself. This is what you have in mind when you initially budgeting the project, this is the basic mainframe of wPGO. 3,000 USD?

Again, because you disagree doesn't make it unprofessional and I don't use excuses. Please don't tell me I am not serious about my project. Once again you continue to judge and insult. Your calculations are all wrong as well. The distribution is on the website and may be adjusted according to the needs of the project, that's common sense. By the way ALL of the wPGO sold:)

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I told you the plan and why we can't give you exact numbers right now. Again, just because you don't like it doesn't make it wrong. I disagree with your opinion. That's the plan, if you don't like it then don't invest. And that's OK, that's why you do your DD. Good luck.

500,000wPGO x 0.000004 ETH/wPGO x 1,400 USD/ETH
2 ETH x 1,400 USD/ETH
2,800 USD 

Allow me to re-quote myself, as below. If you carefully read my "interrogation", you'll see I asked about your plan on the first place. Saying the exact number can not be said right now is somewhat in a realm of acceptable if the final number is tied to the amount of token sale. But I am rather sure that your team, like most projects, is rather optimistic with your goal, and there is a point in your meeting that discuss something like "suppose (or hopefully) we reached hard cap, we'll put xxx wPGO as LP". Forgive the rudeness, but I find it hard to believe that a team plan everything in their project with "let's decide the numbers when the token sale result comes out"


I told you the plan and why we can't give you exact numbers right now. Again, just because you don't like it doesn't make it wrong. I disagree with your opinion. That's the plan, if you don't like it then don't invest. And that's OK, that's why you do your DD. Good luck.

There you go again making accusations. Please, do not do that, it is uncalled for, be polite, insults won't get you what you want. You seem very confused, yet again. Just because you think there is more information to give doesn't make it true, that is your opinion, that is all. I am telling you as much information as I can with what is happening now. You want exact numbers that can't be given right now because, as I said, the crowdsale is not over. The public sale price is TBD because we don't know the demand for wPGO at the presale price. If it is in high demand then why promise a price of .0000025 for example, when we could get more for it. It is simple supply and demand and common sense. We will not promise a price then change it later so it will be TBD. One could say your questions are thoughtless since I have repeated my answers to you for the same questions during this interrogation and you have resorted to accusations and name calling. We have a plan and it's to see what we need for the LP and execute the plan at that time. Just because you don't like the answer (your opinion) doesn't make it wrong.    

Let's make this short and simple, what is the exact number you planned to be the initial LP provided by the dev team? Not in percentage, in actual numbers of token.

I would really appreciate if you can be more generous in giving information, especially one as crucial as this one. How do you expect people to believe in your credibility if you intentionally witheld information like this?

I believe I asked about the number in token, in wPGO if I have to be extremely clear.

If I have to make do with your information, given the presale price is 0.000002 ETH, and I would assume price will be around that after presale (how could I know the exact public sale price? Team didn't disclose that, it's just listed as "TBA"), and you state that LP provided by team will be 4 ETH --let's disregard the "up to" and "more" because it adds more ambiguity than clarity--, it means the entire total supply will be allocated for LP. This, clearly,  extremely contradicting your own token allocation. Even saying "business needs to be flexible to thrive and nothing sets in stone", such difference in application and planning would lead people to assume you're either inconsistent or thoughtless.

Up to 4 ETH or more.

Very well, fair enough. Let's suppose everything goes to plan and you successfully reached your hardcap during crowdsale, what'll be the allocated LP provided by team?
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Up to 4 ETH or more.

It's not that simple. We won't know those figures until the crowdsale is over and we are ready to list.

Let's make this short and simple, what is the exact number you planned to be the initial LP provided by the dev team? Not in percentage, in actual numbers of token.