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Topic: Private sale After ICO complete - page 2. (Read 308 times)

hero member
Activity: 672
Merit: 526
September 04, 2018, 06:10:29 PM
#12
I do not agree with this at all. This type of attitude shows that the project has as its main objective to enrich a few people and that it is far from being a decentralized project. The Dfinity project made yet another round of investment among a few investors. I found this bad attitude since they had distributed by airdrop.
member
Activity: 574
Merit: 11
September 04, 2018, 05:47:52 PM
#11
It is not usual practice but I think if project not raised its hardcap but team find big institutional investors for example they can do another private sale for them.
jr. member
Activity: 504
Merit: 3
September 04, 2018, 04:44:48 PM
#10
Wow, that comes to me as a surprise since I haven't come into encounter with project like that yet. That is very strange indeed. Maybe they wan't to do the public dale first and see how that goes and if people are interested and they buy a lot of their coins then private investors afterwards are somehow "safe" with their investment, if you know what I mean. Because if they invest before the public sale and sale is not a success, then they might lose money after (if the project does not offer a full refund).
sr. member
Activity: 643
Merit: 253
September 04, 2018, 05:52:00 AM
#9
What I understand from your statement is that some ICOs are holding private sale after the ICO public sale ends. It is probably because they haven't reached the softcap and want to extend the sale period by giving it a different name. ICO is a very new market and the rules are not yet framed. It is just a market practice to have the below phases,

1. Private sale
2. Pre-ICO
3. Main ICO

There is no hard and fast rule for private sale period or its chronology. So I don't see any reason not to have a private sale phase after the ICO ends. Probably the ICO owner is trying to sell off the remaining amount of tokens to the investors through this. That's completely normal! At the end of the day, the goal is to fund the business!

off course that was normal but it strange ,private sale after ICO, they said ICO was succesful because some huge demand they stop the ICO and goes to private sale, if has a huge demand and huge interest why must by private sale. it should they continue the ICO right. but marketing plan sometimes goes weird to get an attention
sr. member
Activity: 643
Merit: 253
September 04, 2018, 05:43:52 AM
#8
Wait, i am also confused about this thread statement, are you saying that developers are going to open up their private sale after the ICO? and what does it means holding private sale?  Because as far as i know private sale is the first process next to presale?  Am i correct?  Let me understand.
thats what Im talking about brother, please read carefully until you understand
jr. member
Activity: 168
Merit: 1
September 04, 2018, 05:42:53 AM
#7
This does not really look normal, but lately I often come across such a sequence!
hero member
Activity: 1820
Merit: 515
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September 04, 2018, 05:40:44 AM
#6
Simply because they want to get more capital to reach since they already advertise about their project to the people so more people aware that about their project than in the pre private sale but better avoid these kind of projects from investing.
sr. member
Activity: 561
Merit: 255
Going stealthy
September 04, 2018, 05:37:48 AM
#5
I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. then there is the name presale and then ICO.but now everything is like upside down, some crypto projects hold presae and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap, so they try to find new investors who are interested or cooperate with other projects until the hardcap they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

All these scams can break all the rules. The purpose of scam ICO is to collecting as much money as people can and 99% of ICO are scams.
full member
Activity: 364
Merit: 101
September 04, 2018, 05:25:05 AM
#4
I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. then there is the name presale and then ICO.but now everything is like upside down, some crypto projects hold presae and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap, so they try to find new investors who are interested or cooperate with other projects until the hardcap they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?

What is the use of softcap if they continue to open new sales to reach hardcap?

I think projects that make sales again when they have done ICO and reached softcap are projects that must be given a red flag because softcap will not mean anything if the project continues to open new sales events
legendary
Activity: 3080
Merit: 1500
September 04, 2018, 05:22:46 AM
#3
What I understand from your statement is that some ICOs are holding private sale after the ICO public sale ends. It is probably because they haven't reached the softcap and want to extend the sale period by giving it a different name. ICO is a very new market and the rules are not yet framed. It is just a market practice to have the below phases,

1. Private sale
2. Pre-ICO
3. Main ICO

There is no hard and fast rule for private sale period or its chronology. So I don't see any reason not to have a private sale phase after the ICO ends. Probably the ICO owner is trying to sell off the remaining amount of tokens to the investors through this. That's completely normal! At the end of the day, the goal is to fund the business!
member
Activity: 486
Merit: 27
HIRE ME FOR SMALL TASK
September 04, 2018, 04:59:25 AM
#2
Wait, i am also confused about this thread statement, are you saying that developers are going to open up their private sale after the ICO? and what does it means holding private sale?  Because as far as i know private sale is the first process next to presale?  Am i correct?  Let me understand.
sr. member
Activity: 643
Merit: 253
September 04, 2018, 04:50:21 AM
#1
I am currently confused by the decision of some projects that hold private sale after ICO, that sounds strange to me because usually the ICO project first will be preceded by a private sale to potential investors and investors with a minimum purchase of up to 5 BTC. after the private sale , there was a presale and then ICO.but now everything is like upside down, some crypto projects hold presale and ICO first and after that they hold a private sale.some investors who want to know how much fund that they get so far they can only answer "this is private sale, if I tell you it is not a private sale, but a public sale", the answer makes sense but does not solve the problem


I have an assumption that some of the developers chose this thing:

1. that is one of their reasons to make investors and bounty hunters who want to get tokens impatient, even though it sounds unreasonable but with this, their projects are viral and many of the crypto know their projects. well if indeed this method is chosen maybe this is one of the bad ways to be chosen just to give a viral impact to the project.

2. and the most reasonable thing is, they have not reached hardcap yet, so they try to find new investors who are interested or cooperate with other projects until the hardcap that they want is achieved

the project example is : swissalpsmining and thinkcoin

what do you thing?
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