Topic: Famecoin Last Day of ICO - Price Speculation. (Read 554 times)
The ICO price is presently 50sat, I think the developer should have fixed the ICO price instead of giving the whole coins to less than 20 investors. It may be the investment of the year if the price hit more than 1000sat in near future.
As famecoin ends it's 1 month ICO in 3 days time, it still has a very low price in value compared to most ICOs.
What do you mean by this? If ICO is on how can be price any different then is on ICO?
If I click on link you provided i see are listed wallets that invested BTC and get some exact number of famecoin. So I imagine they got fixed amount and the rest will get burned. It is not the kind of ICO that no coin get burned and price depends of how much was invested.
The price is dependent on the amount invested. When more btc is invested, the price adjusts accordingly making it valuable with high price tag.
The amount of Fame 15 000 000 is shared proportionally to all investors according to how much shares you buy with btc. When ever btc is deposited, the price adjusts and the amount of Fame also adjusts in favor of the newly deposited btc.
With the current price, it is speculated to have a high return due to the current price being low.
If price should be around 1000sat, the increase in returns will be low compared to the price being at 24sat.
eg. should the ICO end with a price of 1000sat, and sells at 1500sat, you make a profit of 50% of invested btc.
should the ICO end with current price of 24sat and sells at 1500sat, you make a profit of 6250% of invested btc.
Of course, development and progress of the project will also count towards increase in value on exchnages.
Visit the Famecoin ICO site and grab some tokens while it runs for the last days.
https://ico.famecoin.us
I'm rely surprise by the performance of the ICO, I was expecting a huge interest in the ICO but market decide otherwise, I can't speculate the price now, there is no much funds for the developers to work with but if the price pumped to around 500sat in future that will be great
As famecoin ends it's 1 month ICO in 3 days time, it still has a very low price in value compared to most ICOs.
What do you mean by this? If ICO is on how can be price any different then is on ICO?
If I click on link you provided i see are listed wallets that invested BTC and get some exact number of famecoin. So I imagine they got fixed amount and the rest will get burned. It is not the kind of ICO that no coin get burned and price depends of how much was invested.
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As famecoin ends it's 1 month ICO in 3 days time, it still has a very low price in value compared to most ICOs.
Does this mean the few people that invested stand a better chance of gaining more profit when Famecoin hits the exchnages?
We have seen ICOs being over priced and perform poorly when listed on exchanges. This affects investors negatively due to the high ICO prices making then loose on selling their tokens at cheaper rates on exchanges.
Most ICOs also do not have innovations and tend to provide low developmental activities pushing the price further below the ICO price.
Famecoin has the potential to change all that with it launching on exchanges at extremely low price and also providing innovation and activities on development.
Many people wait till last hour during an ICO to get their share of the tokens but are you such an investor?
Visit the Famecoin ICO site and grab some tokens while it runs for the next 3 days.
https://ico.famecoin.us
What is Famecoin?
Famecoin is a cryptocurrency created as part of the Fame project to form and drive the Fame Social Platforms. Famecoin was created to promote, distribute, and facilitate the use of a digital token, or alternative virtual currency, issued as incentives and or rewards to individuals registered on any of the Fame Social Platforms. Famecoin will also side with merchants and stores around the world to enable such institutions accept famecoin as payment for goods and services.
Fame Social Platforms
Fame Social will oversee the creations of several social platforms powered by Famecoin. Users of such platforms will be rewarded for their valuable input in engagements throughout these platforms. Fame Social shall provide Famecoin APIs for third party applications to integrate and enable their users to receive fame rewards on their platforms.
We shall start will a viral photo sharing application on the web and mobile apps where we give user experience to how well social engagements are valued on Fame Platforms.
Fame Social aims to be the ultimate platform when it comes to how each individual should socialize. We attempt to introduce innovative features where we drive social engagements towards the right directions. Appreciating ones inputs on our platforms is one way we tend to do it.
Does this mean the few people that invested stand a better chance of gaining more profit when Famecoin hits the exchnages?
We have seen ICOs being over priced and perform poorly when listed on exchanges. This affects investors negatively due to the high ICO prices making then loose on selling their tokens at cheaper rates on exchanges.
Most ICOs also do not have innovations and tend to provide low developmental activities pushing the price further below the ICO price.
Famecoin has the potential to change all that with it launching on exchanges at extremely low price and also providing innovation and activities on development.
Many people wait till last hour during an ICO to get their share of the tokens but are you such an investor?
Visit the Famecoin ICO site and grab some tokens while it runs for the next 3 days.
https://ico.famecoin.us
What is Famecoin?
Famecoin is a cryptocurrency created as part of the Fame project to form and drive the Fame Social Platforms. Famecoin was created to promote, distribute, and facilitate the use of a digital token, or alternative virtual currency, issued as incentives and or rewards to individuals registered on any of the Fame Social Platforms. Famecoin will also side with merchants and stores around the world to enable such institutions accept famecoin as payment for goods and services.
Fame Social Platforms
Fame Social will oversee the creations of several social platforms powered by Famecoin. Users of such platforms will be rewarded for their valuable input in engagements throughout these platforms. Fame Social shall provide Famecoin APIs for third party applications to integrate and enable their users to receive fame rewards on their platforms.
We shall start will a viral photo sharing application on the web and mobile apps where we give user experience to how well social engagements are valued on Fame Platforms.
Fame Social aims to be the ultimate platform when it comes to how each individual should socialize. We attempt to introduce innovative features where we drive social engagements towards the right directions. Appreciating ones inputs on our platforms is one way we tend to do it.
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