8434btc x $450 = $3,795,300

That is a reasonable ICO and I am not too worried about the price falling in the early days of trading b/c I still think the price of waves could go up x10 or more in the medium term. Still, I think a 45 day ICO is too much, and the waves that I bought on the first day of the ICO are being diluted as more speculators pile in.