Topic: What do majority/how should most ICOs price their sale? Peg to Fiat or ETH? (Read 138 times)
October 14, 2017, 02:32:54 PM
I don't think it is a good factor to decide whether invest in an ICO or not. As prices after ICO is determined by market it is not important.
October 14, 2017, 11:30:25 AM
I know majority of ICOs are invested in via ETH.
However, I’ve seen some ICOs peg their tokens to fiat ie 1 token is $0.05 and min 0.5ETH for example. This means that if eth/usd is up they get more tokens and vice versa.
Others peg to eth so 0.5 ETH IS 1 token. So if ETH/USD ups, each token essentially becomes more “expensive”
So which is the more “accurate” way to value a token sale, and should it be a factor in which ICOs to get into?
However, I’ve seen some ICOs peg their tokens to fiat ie 1 token is $0.05 and min 0.5ETH for example. This means that if eth/usd is up they get more tokens and vice versa.
Others peg to eth so 0.5 ETH IS 1 token. So if ETH/USD ups, each token essentially becomes more “expensive”
So which is the more “accurate” way to value a token sale, and should it be a factor in which ICOs to get into?
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