Literally zero competition afaik. This coin could reach 1$ fairly quickly I believe, less than 1 year after listing
It will probably drop first after the ICO but its a good idea to hold your coins since the price will probably raise again
It depends on how fast the ICO is sold out. If it's sold out in minutes then the price will not go down, as the bonus levels aren't that huge I expect the token to rise after the ICO.
It will be interesting to watch for sure. ETH has been testing the $350 resistance for quite some time and if it breaks through before the ICO it could rise up to $400. That would probably affect the ICO.
Don't you think some people will think twice about investing when the price of ETH is rising? Because with a fixed rate you get less tokens for your (fiat) money.
you are right
eth rising = good for ico project
eth rising = bad for ico investor
datum could update their token distribution in comparison to the rise of eth
If eth rising = good for ico project, so i think the value/price of the token will be raised too.
No I don't think the number of tokens would be adjusted. The value of the tokens will rise along with the price of ETH off course.
But we are running way ahead of us, the price of ETH isn't rising (yet)
If they would want to adjust, I would say short before ICO and not now. It's still so much time left and the eth price can still go up or down.
But actually I don't think they should adjust, and I don't think they will.