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).
