Yes, I agree about Substratum. I was also disappointed to hear the news about the exchanges. That's probably why they lost about 55% since the ICO as opposed to Neblio that gained about 500%..
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Yes, I agree about Substratum. I was also disappointed to hear the news about the exchanges. That's probably why they lost about 55% since the ICO as opposed to Neblio that gained about 500%..
That is one of the reasons i joined ROCKET PRE ICO, because we need some quality control in the ICO processes.. A lot of overselling their product which then can not meet expectations = low performer
I really hope Rocket makes a good product. I have high hopes for them, but no expectations.
But one issue i have with rocket, is the fact that they will burn the tokens not sold in ICO, but they also allocated 7 million tokens to devs/+++++ but what if they only sell 13 million tokens and burn the rest.. Will the devs still have 7 million? in that case it is risky for investors.
Dont you agree they should lower the amount of tokens for themselves if the ICO do not sell out the 25 million tokens?
@kiimo
I agree. I actually discussed this with a few ICOs in the past. Tokens should keep a steady ratio, so for example if you end up selling 1M instead of 10M and you burn the unsold tokens, you should keep the team tokens with the same ratio, like 300K instead of 3M..
@acryptotrader
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@kiimo
I put the question out there on slack, so we will see what their answer will be.
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