The plan is to have the CCO finished in July, but if it´s supposed to run for 5 months, it could be August as well.
Anyway, the total supply will already reduce with the price rising as the total amount of PCL available will always be calculated from the Hardcap (€200M).
To find out more about "how this will happen" on
https://cco.peculium.io/ is this true? wow. that's too long, i think. 5 months? or around august? hmmm. i think that too long to wait. but do you think the waiting will pay off? i hope so.
meanwhile, i could not see the progress in the cco website. any idea on the current contributions?
Well this CCO is nothing to compare with an "regular ICO" (for an ICO 5 months would indeed be longer than ordinary projects do).
CCO is meant to address institutional investors (min. contribution is €100k), so this campaign needs much more effort than an usual ICO.
Peculium will provide an legal and secure FIAT-entry into the crypto market for hedge funds, corporations etc.
Companies with a large amount of employees could be interested in the payroll savings aspect.
Hedgefunds could use it as a means of diversification.
Thus this is a totally different approach and it natively needs way more than running an ICO only.
This and many further details can be found in the newest website (above).
However as you may imagine, this involves business relationship thus we can not communicate while negotiations are ongoing.
We will announce future partnership as soon as they are 100% secure on both ends and the contract-details do not include observance of secrecy.
Nevertheless you may look forward to more details in the upcoming weeks and months. Stay excited!