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Topic: The Decentraland project collected $24 million in 35 seconds (Read 826 times)

newbie
Activity: 49
Merit: 0
nobody mentions that demand came from Chinese investors? about 3/4 of cap was reached before the official ICO even started (reached on chinese ICO platforms). Also big Chinese names at advisors list appeared there.

I'm disappointed when I see this level of discussion, scams, scams and scams... Simply demand, huge demand and a specific model of tokens distribution.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Wow this is getting insane. How is an average Joe supposed to get in with 35 seconds?

it's just simple demand.

$24 million hard cap but $100+ million in interest = sold out in seconds. easy as that

It's as simple as sell it to yourselves or insiders that are refunded for a pretend hard cap of 24M because of course they would rather have 24M dev funding than the 100M interest lol

Then get it to exchanges and all the insiders that got it for nothing then collude to buy and sell to themselves generating fake volume whilst pumping the price higher and higher and sucking in fomo noobs.

Prettybuds is an obvious pumping shill for lots of insider projects

Make a note to yourselves to avoid any pump and dump insider scams he mentions or defends.

With unregulated icos and insta ico is exactly the same as 100% premine.

Assume the worst with these insider schemes. The entire mc is inflated by a host of these crap scam projects that were not there a few months ago.

Look for old projects with real road maps with actual progress being made over long periods of time.

A list of these shills and scammers should be created and updated so that they keep having to make new accounts ... zero post accounts that come pumping are auto assumed as the scammers they are 99.9999% of the time.

It;s as simple as this. If i said to you that you can have 100M (the interest in the project he claims) or you can have 24M .... why would you want 24M and not 100M??

One reason only. It's a type 2 ico inside collusion market making scam. Get ready to see it on coin market cap (the most misleading scammers tool) for 100M so you all assume these investors made 4x their investment.

They can hold it at 100M or raise it to 1BN very simply just by colluding and selling and buying from themselves only paying fees most probably have arrangements with exchanges to even get reduced fees. This fomo sucks in investors so the few whales and insiders that got the tokens for free gradually extract millions and millions of dollars before the project is reveal as the crap it always was.

Then they create a new project and do the same shit over and over.

Wise up.

Just look at the top 100 MC... most of the new ICO projects have NOTHING but a pipe dream and a road map. They will never complete half their road maps and the development funds will be gone.

Most icos are scams pure and simple. The devs know there is zero chance of those road maps ever getting done.




sr. member
Activity: 318
Merit: 250
The sure thing is that Decentraland founder has a lot of connection to real estate investor, the same things happens with buildings developer from all over the world the first thing is that they will ask their friend to buy a room/suite/whatever in their newly built apartment for couple of dollars down payment then they will announce that their apartment is selling fast thus attracting real consumer.

So these 7,000 investors were mainly real estate people? Real estate people are also good at crypto? I doubt it. But I think every ICO that has this type of whale buying in less than one minute is just a form of manipulation. Just a few people trying to cash in on an ICO. But let's see. Time will tell.
may whales be in, there are lots of people participate in, no matter how, the next month will decide many people leave or left
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
The sure thing is that Decentraland founder has a lot of connection to real estate investor, the same things happens with buildings developer from all over the world the first thing is that they will ask their friend to buy a room/suite/whatever in their newly built apartment for couple of dollars down payment then they will announce that their apartment is selling fast thus attracting real consumer.

So these 7,000 investors were mainly real estate people? Real estate people are also good at crypto? I doubt it. But I think every ICO that has this type of whale buying in less than one minute is just a form of manipulation. Just a few people trying to cash in on an ICO. But let's see. Time will tell.
sr. member
Activity: 1078
Merit: 354
It's like everyday we keep to hear some new ico breaking previous ico records

Yes, I stay away from those that have been mega-hyped. Some smaller ones can be good value though.
If I'm interested in a project, I just get in on the signature campaign.
full member
Activity: 280
Merit: 100
there is not even the slightest percentage that the money collected honestly?
What?

Quote
After so much anticipation and hard work, last Thursday we concluded our MANA token launch. People from all over the globe contributed 86,260 ETH, or approximately $25 million USD. Over 2,000 unique buyers came together to make this happen. We are incredibly thankful to all participants and humbled by the support of the community as we build Decentraland.
Thanks to our community and distribution partners, we managed to distribute MANA tokens all across the globe. Analyzing the results from these platforms, the average ticket per contributor was in line with that of other successful token sales.
Due to the overwhelming response to the project, almost 7,000 transactions did not go through, which resulted in a lot of disappointment. We anticipated this issue, and looked into alternatives to deal with this. One possible solution was removing the cap, which was not in our contributors’ best interest. All future fundraising for Decentraland will be conducted through our Continuous Token Model, tied to the performance of the project and building a viable product that delivers value to the user. At the same time, we want to congratulate the 0xproject for their approach to this problem.


https://blog.decentraland.org/mana-token-launch-recap-eed3a3ce212



What tools were used to attract investor attention to ico? (It is clear that marketing, but in what form)

Do your research and post it here
member
Activity: 112
Merit: 10
Watch it, instamine ICO are scams mostly, it's better to deal with honest admin

We observe, it is very interesting what will come of it
member
Activity: 112
Merit: 10
there is not even the slightest percentage that the money collected honestly?
What?

Quote
After so much anticipation and hard work, last Thursday we concluded our MANA token launch. People from all over the globe contributed 86,260 ETH, or approximately $25 million USD. Over 2,000 unique buyers came together to make this happen. We are incredibly thankful to all participants and humbled by the support of the community as we build Decentraland.
Thanks to our community and distribution partners, we managed to distribute MANA tokens all across the globe. Analyzing the results from these platforms, the average ticket per contributor was in line with that of other successful token sales.
Due to the overwhelming response to the project, almost 7,000 transactions did not go through, which resulted in a lot of disappointment. We anticipated this issue, and looked into alternatives to deal with this. One possible solution was removing the cap, which was not in our contributors’ best interest. All future fundraising for Decentraland will be conducted through our Continuous Token Model, tied to the performance of the project and building a viable product that delivers value to the user. At the same time, we want to congratulate the 0xproject for their approach to this problem.


https://blog.decentraland.org/mana-token-launch-recap-eed3a3ce212



What tools were used to attract investor attention to ico? (It is clear that marketing, but in what form)

Just do some research and post it here

Can I see your research? Just numbers are impressive Smiley
full member
Activity: 141
Merit: 100
Watch it, instamine ICO are scams mostly, it's better to deal with honest admin
member
Activity: 112
Merit: 10
there is not even the slightest percentage that the money collected honestly?
What?

Quote
After so much anticipation and hard work, last Thursday we concluded our MANA token launch. People from all over the globe contributed 86,260 ETH, or approximately $25 million USD. Over 2,000 unique buyers came together to make this happen. We are incredibly thankful to all participants and humbled by the support of the community as we build Decentraland.
Thanks to our community and distribution partners, we managed to distribute MANA tokens all across the globe. Analyzing the results from these platforms, the average ticket per contributor was in line with that of other successful token sales.
Due to the overwhelming response to the project, almost 7,000 transactions did not go through, which resulted in a lot of disappointment. We anticipated this issue, and looked into alternatives to deal with this. One possible solution was removing the cap, which was not in our contributors’ best interest. All future fundraising for Decentraland will be conducted through our Continuous Token Model, tied to the performance of the project and building a viable product that delivers value to the user. At the same time, we want to congratulate the 0xproject for their approach to this problem.


https://blog.decentraland.org/mana-token-launch-recap-eed3a3ce212



What tools were used to attract investor attention to ico? (It is clear that marketing, but in what form)
full member
Activity: 280
Merit: 100
there is not even the slightest percentage that the money collected honestly?
What?

Quote
After so much anticipation and hard work, last Thursday we concluded our MANA token launch. People from all over the globe contributed 86,260 ETH, or approximately $25 million USD. Over 2,000 unique buyers came together to make this happen. We are incredibly thankful to all participants and humbled by the support of the community as we build Decentraland.
Thanks to our community and distribution partners, we managed to distribute MANA tokens all across the globe. Analyzing the results from these platforms, the average ticket per contributor was in line with that of other successful token sales.
Due to the overwhelming response to the project, almost 7,000 transactions did not go through, which resulted in a lot of disappointment. We anticipated this issue, and looked into alternatives to deal with this. One possible solution was removing the cap, which was not in our contributors’ best interest. All future fundraising for Decentraland will be conducted through our Continuous Token Model, tied to the performance of the project and building a viable product that delivers value to the user. At the same time, we want to congratulate the 0xproject for their approach to this problem.


https://blog.decentraland.org/mana-token-launch-recap-eed3a3ce212

newbie
Activity: 46
Merit: 0
It's like everyday we keep to hear some new ico breaking previous ico records
member
Activity: 112
Merit: 10
100% instamined scam keep away

insta ico = insider scams

will lead to collusion and market manipulation.

That is, there is not even the slightest percentage that the money collected honestly?
full member
Activity: 280
Merit: 100
100% instamined scam keep away

insta ico = insider scams

will lead to collusion and market manipulation.

Ico contributors are totally looking for manipulatios where they can make 5x 10x in short period of time. If it's a scam project, how they could manage to collect $25 million in seconds? This is the interesting part. BAT also had collected very big amount in minutes as far as I remember.

'cryptohunter' is known for pushing only projects he is invested in and calling everything else a scam, don't bother Wink
full member
Activity: 168
Merit: 100
100% instamined scam keep away

insta ico = insider scams

will lead to collusion and market manipulation.

Ico contributors are totally looking for manipulatios where they can make 5x 10x in short period of time. If it's a scam project, how they could manage to collect $25 million in seconds? This is the interesting part. BAT also had collected very big amount in minutes as far as I remember.
full member
Activity: 280
Merit: 100
Wow this is getting insane. How is an average Joe supposed to get in with 35 seconds?

it's just simple demand.

$24 million hard cap but $100+ million in interest = sold out in seconds. easy as that
hero member
Activity: 826
Merit: 1004
This topic has a mixed of opinion i can't fully say this is a scam because from past ico tokens did sell really faster than expected but 35 seconds for such a high amount seems to fast. This surely happened because the company could have done local advertising.
The second theory might be they already informed some big people in field of real estate prior to the ico.
full member
Activity: 266
Merit: 101
Wow this is getting insane. How is an average Joe supposed to get in with 35 seconds?
full member
Activity: 504
Merit: 101
Will increase competition in the global world, especially online by sharing projects offered have good quality in the system performance but must be in a healthy way without any political manipulation.
full member
Activity: 196
Merit: 100
This insta raised all kind of red flags to me  Roll Eyes Stay well away from this!
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