[ANN][ICO] CROM - TRANSPARENCY, TRUST AND LIQUIDITY IN PERFORMANCE MARKETING - page 6.

jamzzz123

member

Activity: 350

Merit: 16

Quote from: Owillz on December 07, 2017, 09:38:01 AM

Burning token can help the price at the early stage but then another fear is a likely dumping of coin by traders due to a little mooning of the coin price. That's a likely possibility

Yes, lets hope they could burn some tokens that are unused to help boost the price.

IF the price is jumping due to coin burn - yes it could provide dump but good for all holders

Owillz

member

Activity: 532

Merit: 10

Burning token can help the price at the early stage but then another fear is a likely dumping of coin by traders due to a little mooning of the coin price. That's a likely possibility

Ares0211

member

Activity: 154

Merit: 10

Quote from: cryptossi on December 07, 2017, 07:48:10 AM

Quote from: trCROM on December 06, 2017, 10:51:40 PM

Quote from: faulerwilli on December 06, 2017, 04:43:29 PM

Quote from: phantam on December 06, 2017, 04:12:35 PM

Quote from: Owillz on December 06, 2017, 11:54:00 AM

Quote from: jamzzz123 on December 06, 2017, 11:16:11 AM

Quote from: ganeshramk on December 06, 2017, 10:48:41 AM

Quote from: Owillz on December 06, 2017, 09:27:22 AM

There is no extension of ICO. It ends on 14th whether or not the soft cap is reached. But as for the visibility of the progress of the project I think I share same stand with you. Let's hope there will be public announcements about it.

Thats good news. but where did you get this information? Is this reported in telegram or in twitter? Actually there are lots of retweets/tweets from CROM team in twitter. They are promoting it in a right way. Thats great.

This sounds promising, I like the fact it ends on 14th regardless - again as Owillz said I haven't seen this in writing so would be good to see it for myself.

It's on their website and page one of this thread. It says "ICO time and duration: The ICO will start Dec 01, 2017, 12:00 GMT and last for 14 days or until all CROM tokens are sold – whichever happens earlier.
The pre-ICO will start Nov 17, 2017, 12:00 GMT and will last for 14 days " as against my initial misunderstanding, this is saying that ico ends on 14th if the token sales last till then. Thu there is a chance of the ico ending before 14th but can't exceed 14th. Hope you get it now??

I dunno if i'm blind or what but i didn't see what happens after the close if all the tokens aren't sold by the 14th? will they be burned? Just wondering i'm pretty hopeful for crom to make it to sell out but just incase what happens?

all unsold tokens go to the team of crom. but we don't know, what they are going to do with them. there has already been a discussion about that, unfortunetaly with no answer at all. we have to wait until a member of the team will tell us, what their plans are

Good morning from Bangkok, guys.

Remaining tokens go to company wallet. We thought long about how to proceed. Burning feels right, if the token his a high-volume publicly needed token for everyone. By burning unsold tokens, one would limit supply to what demand was at the time of the ICO.
But CROM is more a B2B-token, meant for businesses and companies. Most of them have not realized, that the tokens might be useful for them in the future. So demand will grow a lot once they do.

CROMhub will use unsold tokens carefully to grow adoption of the platform (= a big new client gets some tokens in the beginning to understand the functionality and then, hopefully, buy more tokens on the open market).

Maybe a % of tokens could be burnt and then you could keep a % in the company wallet. I understand that you will still need them when you launch the service and companies start using CROM however you can't hold too many especially if the demand isn't there.

I think we shall let them work with their strategy and maybe its totally right. I mean the most important thing is a selling product, thats the most important thing for a healthy growing. burning tokens helps traders in the beginning but shouldnt have influence for the long run.

jamzzz123

member

Activity: 350

Merit: 16

Quote from: rathaha10 on December 07, 2017, 08:26:34 AM

Quote from: cryptossi on December 07, 2017, 08:13:22 AM

Quote from: jamzzz123 on December 07, 2017, 08:02:40 AM

Quote from: ganeshramk on December 07, 2017, 07:32:36 AM

Quote from: faulerwilli on December 07, 2017, 07:21:56 AM

I must honestly say that I do not know anything about this area at all and can not confirm that Crom is ahead of the competition. But when I read about it, I hope that the project will make a good start. Apparently here are some people who are familiar with advertising

btw, I am also not from advertising field. I am also getting all the information about CROM from my reads. I mentioned my statements based on multiple reads not just single one. That gives me confidence about what I am saying..

This is sounding promising, lets hope CROM continue to excel, does anyone know if CROM has thought about accepting other payments such as BTC / LTC ?

To provide more flexibility for investors?

There's only 7 days of main sale remaining I think it's a bit too late to think about implementing alternative payments. Also I think CROM has stated since day 1 that they would only accept ETH. Correct me if I'm wrong.

When you are buying Crom tokens it says on the site that you will need to pay with Ether. Other payments may would have attracted more investors, but yes it is now too late for that.

That is a good point, I forgot there's only 7 days remaining, well lets hope Eth has done us well.

I'm quite glad it has taken a small hit recently resulting in less ETH for more CROM

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

Quote from: cryptossi on December 07, 2017, 08:13:22 AM

Quote from: jamzzz123 on December 07, 2017, 08:02:40 AM

Quote from: ganeshramk on December 07, 2017, 07:32:36 AM

Quote from: faulerwilli on December 07, 2017, 07:21:56 AM

I must honestly say that I do not know anything about this area at all and can not confirm that Crom is ahead of the competition. But when I read about it, I hope that the project will make a good start. Apparently here are some people who are familiar with advertising

btw, I am also not from advertising field. I am also getting all the information about CROM from my reads. I mentioned my statements based on multiple reads not just single one. That gives me confidence about what I am saying..

This is sounding promising, lets hope CROM continue to excel, does anyone know if CROM has thought about accepting other payments such as BTC / LTC ?

To provide more flexibility for investors?

There's only 7 days of main sale remaining I think it's a bit too late to think about implementing alternative payments. Also I think CROM has stated since day 1 that they would only accept ETH. Correct me if I'm wrong.

When you are buying Crom tokens it says on the site that you will need to pay with Ether. Other payments may would have attracted more investors, but yes it is now too late for that.

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!