Dear Dev(s),
I was skimming the Whitepaper but couldn´t find the answer to my question:
Will you have an minimum amount you want to raise in the token sales?
e.g. what happens if you fail to raise this (if existing) min. amount?
I was skimming the Whitepaper but couldn´t find the answer to my question:
Will you have an minimum amount you want to raise in the token sales?
e.g. what happens if you fail to raise this (if existing) min. amount?
I would really like to know this too
If there is any goal remaining tokens will be burned?
All the unsold tokens will go to the DAO managed stability reserve. Remember that CNDX price should ALWAYS be equivalent (+/- 10%) to the Coindex30 index level.
If the CNDX price goes above the target CNDX tokens will be sell at a lower price in order to regulate the market.
In the oposite case, if the price is going below the target, the reserve will buy CNDX in order to raise the price.
All market intervention decisions will be announced in the offical website.
