Topic: [ANN] GoNetwork - ICO by Winners of ETHWaterloo - World's Largest ETH Hackathon! - page 17. (Read 37881 times)

That's the issue with raising a ton of money. The upside potential after getting on exchanges diminishes with every dollar you collect during your ICO.

Finally have the further information：KYC for publicsale will start in mid to late May. Dutch Auction will start in June.

Unfortunately, this situation has already been repeated a couple of times with recently released projects. Although the idea and the hype around them was very decent. Let's see, maybe everything will be different here.

As far as I understand, before there was a great interest in this project. But the organization is much too messed and the result is what we see now. That the news not very many. A few days ago I saw heard about  kyc for tokensale is starting soon. But now I think to look after entering the market. 

That is good so they have no limit only the tokens that are about to be sold. It was too long ago and most awaited in some telegram channels. It will surely be sold out by the tokens available for this either pre sale or public sale.

It seems, that their private sale ongoing now. But they dont have hardcap. They can raise 100+ mln usd and price will be cheaper on exchanges.

It seems, that their private sale ongoing now. But they dont have hardcap. They can raise 100+ mln usd and price will be cheaper on exchanges.

Seems to be a lot of people confused on if its a private sale, presale or if or when the crowdsale is, its probably better to join their telegram announcement channel where they update the community

Have started to process private presale since April 18th. The details of KYC for public tokensale will be announced in a few weeks.

Guess the ICO will starts sometimes in May? any idea when Gonetwork white paper will be release?

The team had gone through a lot of research and thoughts before deciding to go with a dutch auction. The decision was made for the benefit and fairness of the broader community.  1. We want to avoid creating a gas war like many other projects. We believe it’s ridiculous for our supporters to pay $800USD in gas for an allocation of 1-2ETH or even less. While it’s not a big number for someone who comes in with 100ETH, but it does become a nightmare for those who are planning to contribute 1ETH or less, and we don’t think it’s fair.  With Dutch Auction's model, the cap on the first couple of days is set in a way so it couldn't be reached at all. This will make it possible for our early believers to support with whichever the purchase amount they like; and at the same time, be able to get in with a plenty of time. We hate to have our supporters stay up late at night, or have interference with their work and study because they are trying to squeeze into our tokensale, which would only last for a matter of minutes or a few hours. Our goal is to create a better and happier community, by achieving our vision of bringing cryptocurrency to the masses. Not introduction of misery at the very start of the project with tokensales. Furthermore, with Dutch Auction model, every buyer will be paying the same price per token at the end. If the last buyer in the auction was lucky enough to purchase GoToken at the cheapest price, then every single buyer will end up paying that lowest possible price. 

official website said  Signature bounty will end at the end of may, is now in private, public offering date still need to wait.