As it said the crowd-sale contract will be minting until a reasonable amount of ETH is reached, to ensure some liquidity and funds for marketing and listings. Hope the project will reach such amount
thats mean this project need to reach the soft cap right ?
then how much the soft cap needed to ensure some liquidity and for marketing also listings buddy ?
Okay, let me explain this a little better.
We did not set a fixed soft cap or sale end because we want a fair chance for everyone to participate.
Since all unallocated Tokens will be burned, only the crowdsale tokens will be in circulation, alongside the Ecosystem, marketing and team funds (Proportional to the crowdsale results).
So basically the amount of COM tokens to be distributed for liquidity provider rewards, marketing and listings fully depends on the interest of our community.
We could announce an end date or soft cap, BUT
- As more tokens are bought/distributed, the rewards for yield farming are increasing drastically.
- Once we reach lets say 50 ETH collected via smart contract, we will reevaluate the current growth and potential to gain new investors/funds to get to a conclusion for sale end.
We will communicate the current status and thought processes via all of our communication channels and try to get feedback from the community.
