Will your token be a highly volatile currency?
Yep, just look at this project. Experienced team, great ICO company, advertisement giants have already revealed interest to CROM. If I understand correctly, the price will always rising!
In general crypto currencies are highly volatile. Be it bitcoin, any other coins or any tokens. Some turns are 100+ % up or down in a single day. Given the ATTRACTIVE business and roadmap of CROM, the volatality should be less after initial days.
also take into account the pricing of CROM, with 10m supply and 3,5 dollar value it makes the project have an value of around 35m. Still somewhat on the low side and thus huge potential to grow. Also the bonusses are more limited in the CROM sale which should limit the free coin dump at the start of listing
Limited bonuses will have advantage as well as disadvantage. When ICO is successsful and CROM's strategy is implemented in a right way, then CROM will give huge profit to its investors. Given the experience team of the CROM and its nature of getting into lots of partnership contracts, any targets on their raodmap is achievable.
Yeah the bonuses will have an advantage because you could argue that some people will only invest because of the 25% bonus, due to the nature of the ICO market. However, it can cause the coin to crash in price when it gets listed because people, will move their 'bonus' or 'bounty' tokens and dump them for a profit.
I saw Vitalik Buterin (co-founder of Ethereum) put up a tweet the other day saying that he disagrees that projects should offer bonuses during their ICO's because they dont understand 'the egalitarian spirit of crypto'. Which to me is a load of crap, I think bonuses are a great way of attracting new investors especially when it's a legit project like CROMHub .
once again i agree. Bonusses are a great way to attract investors. but the 25% is pretty modest compared to most ICO's where they offer 40% or even more, those bonus structures cause a big dip after listing. thats why im pretty optimistic about the 25% bonus.
I'm not sure, I think the biggest bonus I've received from an ICO is 25% and that was from the Change Coin (CAG) main sale.
At the time it seemed a bit too high to me, don't get me wrong it was great getting all the extra tokens for free, but I didn't really feel like I earned that bonus.
They were also offering up to 35% for the pre-ICO and it did work incredibly well for them, they raised around $17.5M USD in total and they ran the token sale for about a month.
It would be amazing if CROM could reach a similar level, I think with a bit more input from the marketing/advertising team with regard to facebook/twitter/youtube adverts and posts we could potentially reach it.
I would like to see a counter on the home page showing how much has been invested, that would be great and makes the project very transparent to it's investors.
