around $1 when it hit the exchanges / this forum.
according to the mods, a lot cheaper at ICO.
keep in mind this wasn't a typical ICO. from what I've read so far, it looks like they just started selling them on binance. WTC seems to have a deep relationship with binance, which means they would both have to be in on the scam...
but anyway maybe they didn't sell anywhere near all 100MIL tokens. they put the price at 60 cents, instead of 6 cents for a sell-it-all ICO. so they charge 10x and trickle the coins out as people buy them. so the WTC guys would still control the vast majority of the tokens. this would enable them to pump, dump, manipulate as they see fit, and binance could possibly help to hide it.
all speculation of course.
No no NO....smh...That's just flat out wrong. Binance didn't even exist when Walton did their ICO. All Binance did was a bounty program for Walton to get people to their platform (which is smart). Binance did a bounty for BQX too where they gave tens of thousands of BQX away (which is smart). Now they're doing an API BNB bounty (which is smart).
Walton's ICO wasn't a mystery, it just may seems like it to you because of the cultural barrier. It wasn't really marketed to western societies, but that doesn't mean they didn't have a transparent ICO.