Apologies in advance if this has been mentioned already (assume it probably has) ...
What date will the IPO end?
What will be done with the leftover coins? Destroyed or distributed proportionally? Or something else?
What date will the IPO end?
What will be done with the leftover coins? Destroyed or distributed proportionally? Or something else?
The ICO will last a full month and should be ending in approximately 9-10 days (by my calculation). It has been confirmed that any coins left over from the ICO will be destroyed by C-CEX admins. Also if at the end of the ICO month, the required funds have not been raised, ICO investors will be given the option to have their BTC refunded. Or they can choose to stay invested. The project will continue no matter what but development might be a little slower. Seriously man, this project might be low key atm but if you're looking for a safe long-term investment with huge potential, this is probably your best bet
Thanks for the info.
Low key is fine with me, and actually preferred. High profile ICOs aren't necessarily where people make the most money. I wouldn't call any ICO a safe investment though... or any crypto for that matter. It's always a gamble.
The fact that mining occurs after the ICO is over (unless something was changed from the 1st page), is a bit worrisome. ICO + mining tends to be a bad mix, for obvious reasons.
My bad, I meant safe as in 'not scam' not 'guaranteed roi'
I don't think mining after ICO will be a problem, initial block reward is pretty small for the total number of coins which means this coin will be quite hard to mine. And with the ICO price down to 1000 sat, it should be fairly balanced at launch.
Hi devteam ,
140M COIN in total , 14M on sell at 1000 SAT ? don't you think this a bet to much ? i personally think that 500 Sat will be better ....
What gonna happen if you just sell just a little bet ? now you have sold around 600K CKC .....
the coins how has not been sold will be integrated to the mining phase ?
How did you make your decision about the distribution ?
THx .
140M COIN in total , 14M on sell at 1000 SAT ? don't you think this a bet to much ? i personally think that 500 Sat will be better ....
What gonna happen if you just sell just a little bet ? now you have sold around 600K CKC .....
the coins how has not been sold will be integrated to the mining phase ?
How did you make your decision about the distribution ?
THx .
I don't think that lowering ICO price to 500 sat is a good idea. It's already pretty cheap as it is. If you check the coin stats, this coin is hard to mine, less than 15,000 coins will be mined in one day. At 500 sat, 15,000 coins is only worth about 0.074 BTC. I think 1k sat is a reasonable price.
The unsold coins from the ICO will not be integrated into mining, they will be destroyed.
