47 ICO aims to raise a max of 36’000 ETH to finance the development of the platform, and is currently in the second round, which includes a 20% bonus for early investors.
That's a really good bonus for early investors, it provides a good discount on FSBT tokens which will help short term and long term investors, I would definitely invest now and make the most of the bonus!
Bonus of fortyseven bank is not generous. But this is also not bad. Higher percentage of bonus leads to high dumping rate. So I definitely like this 20% bonus. Over the coming days, this will get reduced right? Thats something I have missed it.
Tokens shouldn't be distributed randomly it can have a serious effect on the token price. Bonuses should be planned out carefully. 20% I think is quite good you do not want to be giving 40% bonus or something I don't think that would be wise.
It would considerably promote dumping upon exchanges if it was to offer that sort of percentage, 20% is generous but not too excessive resulting in a good balance.
Especially since the general dip in January I think most investors will try to sell their tokens soon after the listing on exchange.
Participants who got big discounts have more incentive to sell all at once.
I think it's important to list the new tokens on multiple exchanges at once to diversify the impact of this
FSBT token supply is less compare to other ICOs. Other ICO have billions of tokens which I think resulted to dumping at listing (weak hand sell token for very small gain) but I think less token supply will result people holding to get benefit of FSBT business growth.
