Important announcement regarding ESH token.
https://medium.com/@ethershift/we-are-reducing-the-hard-cap-and-airdropping-over-30-of-the-entire-esh-supply-to-esh-holders-ccb8b64ecb65
https://medium.com/@ethershift/we-are-reducing-the-hard-cap-and-airdropping-over-30-of-the-entire-esh-supply-to-esh-holders-ccb8b64ecb65
Great news, you've thoroughly convinced me to get involved with that move, it's always great to see a project that looks after their supporters.
How comes you decided to split the airdrop into 12 segments though?
We decided to split the airdrop in 2, and give one part to people that contributed to the token sale and the rest to attract new buyers in the future.
Giving monthly airdrops in 2019 will provide more demand for the token as people buy to receive the airdrop. As the price of the ESH token rises, the USD price of the airdrop will increase which will attract new people to the project.
You are reducing the hard cap 50%. 30% will be given to investors. It's a good decision and there is no problem with that.
What about that 20% ? If it is supposed to be sold in the future, the details should be announced soon. ICO contributors should know what will happen to the tokens.
I think you misunderstood. All unsold tokens will be airdropped to token holders. After ICO there will be no leftover tokens. The airdrop is just split into two timeframes. The single airdrop in December and the monthly airdrops in 2019.
Thanks for the reply. You made it clear for me.
I expect the hard cap to be reached.
There are many projects these days. Most of them are only collecting money and there is no guarantee that there will be a working product. But your exchange is working while the token sale has not ended yet. Ethershift investors won't be worry of the future.
You're welcome. Let me know if you have any other questions.
