I also prefer a money back guarantee, it is a form of an insurance if the project won't reach the softcap. But Tachain has already reached the softcap. Why you guys discuss about such a guarantee?
We are discussing this feature because it has only recently been offered by Tachain on the homepage. A money back guarantee has never been available on any ICO, if I'm right.
Softcap may already have been reached, but the tokenale is still going on
I think there have been money back carried out by various projects but it haven't been given the term "money back" but 'buy back'
Whatever inspires this decision by the Tachain Team is simply genius as this will inspire confidence as well
Yes, I Have seen some ICOs buy back the tokens form the holders to help the price of their tokens to rise. It should be noted that that usually don't guarantee buy back at a certain price. But Tachain is supposed to give back money to investors at initial price. It will be very difficult if the price is below the initial price after 12 months. Because all of the investors will want their money.