Tokens, which investors bought on private sale (at 2cent) will be lock for one year? right?
Interesting information, where did you find this? This will create a deficit of coins on the exchange and raise the price.They pinned that messages on their Telegram group the same day they extended their ICO (Nov 7). They also emailed all investors at that time. It is accurate. Only about 350 million tokens will be in circulation when they hit the market. 275 mil from the ICO, 50 mil from Pre-ICO and 25 mil from bounty.
But most of all it will of course depend on the work what done by team
Yes. I think this token will be much more stable than people think.
1. They've locked most of the low price tokens down for at least a year.
2. They hold 50 mil for the team, which won't be circulating.
3. This KYC thing will probably weed out a lot of the weak hands that were gonna dump anyway. From the telegram group, there are so many people complaining about not being able to KYC. I'm happy they're not. They should've read before dumping money into a serious investment.
If bounty is getting dumped, that just means that we are getting more utrust with a discount. I wouldn't worry about price dips with long term projects.
