Hi, we do not have a fixed price for the ICO. It will be decided by the formula: Total Investment / Number of ICO coins (25,000,000). We have done this to keep it fair for the investors and so that they do not overpay. Market forces determine the true price. Since all the coins will be distributed proportionately, there is no need to burn unsold coins.
Here's some important information from the OP:
ICO & Escrow details – Max 750 BTC cap, No Minimum Requirement
We will be having an ICO (Initial Coin Offering) for WiC with 25 million coins being offered to investors with the following bonus structure for early birds:
1) Day 1 (6 pm EST) – April 22, 2017 – 30% Bonus
2) April 23 (6:01 pm EST) – April 30, 2017 – 25% Bonus
3) May 1 (6:01 pm EST) – May 8, 2017 – 15% Bonus
4) May 9 (6:01 pm EST) – May 16, 2017 – 10% Bonus
5) May 17 (6:01 pm EST) – May 24, 2017 (Final Week) – No Bonus
Total Investment / Number of ICO coins (25,000,000)
Your investment will be increased by the corresponding bonus when you invest. So for example, if you invest 1 BTC on the first day it will count as 1.3 BTC, if you invest 1 BTC on May 12, it will count as 1.1 BTC and so on. Early supporters have the maximum bonus of 30% which keeps decreasing to 0% for the final week.
Escrow Details:
We have a 3 member Escrow Team that will hold a multi signature wallet address that will be used for the ICO. Funds from this wallet can be moved only if 2 out of 3 members sign that transaction.
1) Blazed - Bitrated
2) minerjones - Bitrated
3) WiC Team
We have got very well reputed and trusted members of the community to help us with the ICO so that investor funds are 100% safe. If you have any questions, feel free to ask.
Escrow address will be available at 6PM EST on April 22, 2017.