Hi! Sorry, but I did not quite understand what your tokens will be for. and what advantages will investors have? and by the way, tell me, what is the value of your token?
@VEIAG my question is..
Everyone in this forum are involve with bounty and Airdrop even me.. So what will happen in your token if it will going to be listed in some exchanges? The reality is, all bountiers who are holding of each token/coin will start to sell their rewarded token/coin, then the effect is, the ICO token will going to dump and it's hard to recover.. What is your solution this old time bounty problem?
Thanks
Hello John 1010,
So your question is a good one, and we have a few great answers for you to take in to consideration.
1. So we are converting 25% of the funds raised from our Token Sale in to GOLD bullion to back the token with tangible value, that will happen only after we are up on the major exchanges and a smart HODLER will not want to dump immediately as for the value of the token will not even have close to its potential value. That being said, I would like to be realistic... yes we do expect some tokens to be sold of as in any new Token that is listed on a major exchange, but nothing that could harm the project as a whole.
2. A good example would be, why would you sell something for 0.50-0.60 cents when you can wait just a bit and sell it for potentially double? We will also have a LIVE STREAM of the 25% of funds raised being converted in to GOLD (which automatically will increase the physical value behind the token, as well as TRUST and BELIEF in VEIAG!) in turn drastically increasing the value of VEIAG.
3. Another example if I may, is simply, when Bounty and Airdrop Hunters realize they are selling tokens that bring in a steady stream of income and provide a stable steady growth. a smart investor will think twice before doing so. Keep in mind, not only are we converting 25% of the funds raised, we are converting 25% of all of the organizations profits from its network of SDG projects into GOLD bullion every business quarter, as well as releasing a RPR (Release of Profit Report ) which clearly states the amount of profits earned every 3 months( Business Quarter), so investors will know exactly the amount of GOLD pegged to each and every VEIAG token as we will have a live ticker on our app and website.
4. Another thing I would like for you to keep in mind is the amount of VEIAG tokens allocated for the bounty and airdrop are just a few percent of the amount we will have in circulation and developed as a whole.
500,000,000 VEIAG tokens are up for sale and we expect to sell out fairly quickly. In the whole scope of things, even if all tokens that are rewarded via Airdrop and Bounty are sold, it will not effect the price stability of the token too much, due to our investors who are HODLING waiting for us to commence our first GOLD conversion to back the token.
If you have anymore questions, please join us on Telegram (t.me/VEIAG_token) as we are much more responsive there. Thanks!