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Topic: [ANN][PRE-ICO] 🚀🚀 ModulTrade : The Freedom To Trade 🚀🚀 - page 91. (Read 91965 times)

full member
Activity: 280
Merit: 106
Good point. As an investor it could be less risky if the ICO does not hit the hard cap. Hitting the hard cap means a high expectation and a possibly a higher chance the price will drop after the ICO. With a lower amount, there could be a higher chance for the price to increase after the ICO.
Yea most ICOs I participated in with a low collected amount rose a lot after hitting exchanges because attention increased a lot after that.
Yeah, this is big plus when the team is interested in further progress. Hitting the hard cap can make team lazy and proud, so hard cap is not always indicator of success.
This is exactly what I thought today, reaching hard cap is in my opinion a bad thing for project
sr. member
Activity: 420
Merit: 250
Good point. As an investor it could be less risky if the ICO does not hit the hard cap. Hitting the hard cap means a high expectation and a possibly a higher chance the price will drop after the ICO. With a lower amount, there could be a higher chance for the price to increase after the ICO.
Yea most ICOs I participated in with a low collected amount rose a lot after hitting exchanges because attention increased a lot after that.
I noticed that it was not important whether the hard cap was assembled or not, if the project is good then it does a lot of x.
full member
Activity: 518
Merit: 101
Good point. As an investor it could be less risky if the ICO does not hit the hard cap. Hitting the hard cap means a high expectation and a possibly a higher chance the price will drop after the ICO. With a lower amount, there could be a higher chance for the price to increase after the ICO.
Yea most ICOs I participated in with a low collected amount rose a lot after hitting exchanges because attention increased a lot after that.
Yeah, this is big plus when the team is interested in further progress. Hitting the hard cap can make team lazy and proud, so hard cap is not always indicator of success.
member
Activity: 280
Merit: 22
The Future of Sports is Fan Controlled
Good point. As an investor it could be less risky if the ICO does not hit the hard cap. Hitting the hard cap means a high expectation and a possibly a higher chance the price will drop after the ICO. With a lower amount, there could be a higher chance for the price to increase after the ICO.
Yea most ICOs I participated in with a low collected amount rose a lot after hitting exchanges because attention increased a lot after that.
full member
Activity: 574
Merit: 115
Good point. As an investor it could be less risky if the ICO does not hit the hard cap. Hitting the hard cap means a high expectation and a possibly a higher chance the price will drop after the ICO. With a lower amount, there could be a higher chance for the price to increase after the ICO.
full member
Activity: 448
Merit: 107
Don’t worry about the hardcap, the soft cap is already reached, that mean now the project will go on no matter how much money they will raised more. And all unsold token will be burned, so no problem for the supply too.
newbie
Activity: 350
Merit: 0
Do you have a bounty program for twitter?
full member
Activity: 252
Merit: 100
They sold around 6 mln tokens and hard cap is 30 mln tokens. What will be with unsold tokens? They will be burned? Tokens sale ends in January 27, 2018?

Every company will do the same thing when the ICO completes and if there are some coins left, company is going to burn those token inorder to reduce the supply.

Not all companies do this. Some distribute the remaining tokens to the ICO participants. Some use these for internal funding Wink

True, recently I discovered that some ICO (wont name it here) keeps 10% of the investment when soft cap is not reached and returns 90% to investors. They claimed it was for operational costs... So good to find out before you invest

I think no matter what, still the best chose is to burn all the unsold tokens after ICO, its fair to all investors and it should be a common practice for all projects.

Yes, agree with you! And I'm glad that Modultrade will burn all unsold tokens after ICO will have been finished.

Maybe the intentions of the developers have already changed, but in white paper nothing is said about burning. Nothing will be burned. Unsold tokens will be distributed among investors.


Dear All!

Thank you for your comments and discussion regarding the terms of the token sale.

Let me remind the key parameters of the token sale once again:
- Total tokens supply - 100 mln. MTRC
- Tokens for sale - 30 mln. MTRC
- Token sale ends on January 27, 2018
- All unsold tokens will be destroyed and no more distribution after token sales ends.

Softcap - 5 mln Tokens
Hardcap - 30 mln. Tokens.

For more details visit our official page at modultrade.io and find the link to the Term sheet here https://en.modultrade.io/Token_Sale_TS.pdf?v2

You're very welcome to participate our token sale and explore our product at product.modultrade.com.


The best of luck to all!


Thanks for clarifying the information in the clearest possible manner. All the best to you guys too
sr. member
Activity: 1078
Merit: 310
They sold around 6 mln tokens and hard cap is 30 mln tokens. What will be with unsold tokens? They will be burned? Tokens sale ends in January 27, 2018?

30 million is not a hard cap, but a proposal for the ICO. Total together with the pre-sale 40 million. In the whitepaper about the burning said nothing, but there is this:

Once the subscription period is over, the number of tokens allocated to each subscriber will be defined as follows :
- The total amount collected will be calculated in ETH.
- The number of tokens received by each subscriber will be defined by dividing the subscriber’s participation amount by the token price.

In my honest opinion 40 millions dollars is just too much for project like Modultrade but it's their ICO and their rules

I think we must take it into consideration that ModulTrade already has a working  platform, whereas in comparison, other ICO's achieved much greater funding even without an available product yet. Smiley
hero member
Activity: 2968
Merit: 605
What other exchanges is modultrade going to be listed, besides etherdelta? i read now kucoin and i really would like to see them there Smiley very nice exchange.

You read KuCoin here or something official? Because I also would love to see them on KuCoin!

some pages ago someone mentioned kucoin ^^ would be nice to have them listed there. kucoin is the next big exchange Smiley
Surely Kucoin would be an excellent showcase, unfortunately it was not someone of the Team that mentioned and was not an official announcement, I expect, Kucoin has leveraged many new projects, such as Utrust. With the potential and visibility of ModulTrade, I believe this would be instant listing and guaranteed success

Getting on Kucoin would be awesome. Have you used the exchange? It's really awesome. Plus it seems like anything that shows up on there, immediately starts mooning.
kukoin would be a good choice to be the first exchange that list the token of modultrade, i use it and is good for me , however i hope there will be more than one (exchange) in a short time after the end of the ico...
full member
Activity: 686
Merit: 101
I checked the ico page it seems they got nominal value 8 324 ETH investment.

Which means more than 8 million dollars with current value. It is already a great result.

This is indeed already a huge amount and there is still some time left till the ICO is over. Who knows, maybe we will see a spike of investments on the last day again.
jr. member
Activity: 168
Merit: 4
They sold around 6 mln tokens and hard cap is 30 mln tokens. What will be with unsold tokens? They will be burned? Tokens sale ends in January 27, 2018?

Every company will do the same thing when the ICO completes and if there are some coins left, company is going to burn those token inorder to reduce the supply.

Not all companies do this. Some distribute the remaining tokens to the ICO participants. Some use these for internal funding Wink

True, recently I discovered that some ICO (wont name it here) keeps 10% of the investment when soft cap is not reached and returns 90% to investors. They claimed it was for operational costs... So good to find out before you invest

I think no matter what, still the best chose is to burn all the unsold tokens after ICO, its fair to all investors and it should be a common practice for all projects.

Yes, agree with you! And I'm glad that Modultrade will burn all unsold tokens after ICO will have been finished.
This is good information.  guarantee that price will not fall immediately after the ICO. And it shows the seriousness of the company and striving for further development!
legendary
Activity: 1764
Merit: 1012
I checked the ico page it seems they got nominal value 8 324 ETH investment.

Which means more than 8 million dollars with current value. It is already a great result.
member
Activity: 93
Merit: 10
What other exchanges is modultrade going to be listed, besides etherdelta? i read now kucoin and i really would like to see them there Smiley very nice exchange.

You read KuCoin here or something official? Because I also would love to see them on KuCoin!

some pages ago someone mentioned kucoin ^^ would be nice to have them listed there. kucoin is the next big exchange Smiley
Surely Kucoin would be an excellent showcase, unfortunately it was not someone of the Team that mentioned and was not an official announcement, I expect, Kucoin has leveraged many new projects, such as Utrust. With the potential and visibility of ModulTrade, I believe this would be instant listing and guaranteed success

Getting on Kucoin would be awesome. Have you used the exchange? It's really awesome. Plus it seems like anything that shows up on there, immediately starts mooning.
member
Activity: 140
Merit: 10
ModulTrade is one of rare products these days that hasn't even completed the ico  but already has a fully functional product.  Tongue

Yes but in these days only projects with some kind of working product (or a showcase product, like a demo), are attracting investors, because there a so many ICOs and scammers out there

What about cardano? No working product and a marketcap higher then SpaceX which is sending rockets to mars...
member
Activity: 532
Merit: 50
ONe Social Network.
ModulTrade is one of rare products these days that hasn't even completed the ico  but already has a fully functional product.  Tongue

Yes but in these days only projects with some kind of working product (or a showcase product, like a demo), are attracting investors, because there a so many ICOs and scammers out there
full member
Activity: 238
Merit: 131
 ModulTrade is one of rare products these days that hasn't even completed the ico  but already has a fully functional product.  Tongue
full member
Activity: 392
Merit: 100
They sold around 6 mln tokens and hard cap is 30 mln tokens. What will be with unsold tokens? They will be burned? Tokens sale ends in January 27, 2018?

Every company will do the same thing when the ICO completes and if there are some coins left, company is going to burn those token inorder to reduce the supply.

Not all companies do this. Some distribute the remaining tokens to the ICO participants. Some use these for internal funding Wink

True, recently I discovered that some ICO (wont name it here) keeps 10% of the investment when soft cap is not reached and returns 90% to investors. They claimed it was for operational costs... So good to find out before you invest

I think no matter what, still the best chose is to burn all the unsold tokens after ICO, its fair to all investors and it should be a common practice for all projects.

Yes, agree with you! And I'm glad that Modultrade will burn all unsold tokens after ICO will have been finished.

Maybe the intentions of the developers have already changed, but in white paper nothing is said about burning. Nothing will be burned. Unsold tokens will be distributed among investors.

I also think it is a common sense to burn the unsold tokens.  Both team own or re ICO are not fair to investors
sr. member
Activity: 1022
Merit: 252
They sold around 6 mln tokens and hard cap is 30 mln tokens. What will be with unsold tokens? They will be burned? Tokens sale ends in January 27, 2018?

Every company will do the same thing when the ICO completes and if there are some coins left, company is going to burn those token inorder to reduce the supply.

Not all companies do this. Some distribute the remaining tokens to the ICO participants. Some use these for internal funding Wink

True, recently I discovered that some ICO (wont name it here) keeps 10% of the investment when soft cap is not reached and returns 90% to investors. They claimed it was for operational costs... So good to find out before you invest

I think no matter what, still the best chose is to burn all the unsold tokens after ICO, its fair to all investors and it should be a common practice for all projects.

Burning the unsold tokens is the fairest way in my own opinion and it's very common for most projects. 
member
Activity: 476
Merit: 10
What other exchanges is modultrade going to be listed, besides etherdelta? i read now kucoin and i really would like to see them there Smiley very nice exchange.

You read KuCoin here or something official? Because I also would love to see them on KuCoin!

some pages ago someone mentioned kucoin ^^ would be nice to have them listed there. kucoin is the next big exchange Smiley
Surely Kucoin would be an excellent showcase, unfortunately it was not someone of the Team that mentioned and was not an official announcement, I expect, Kucoin has leveraged many new projects, such as Utrust. With the potential and visibility of ModulTrade, I believe this would be instant listing and guaranteed success

I think so too. The project aims at businesses and pros, so there has to be and will a be an exchange in due time.
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