Quote from: Febo on November 23, 2016, 01:49:11 PM

Quote from: fameDev on November 22, 2016, 07:15:22 PM

As famecoin ends it's 1 month ICO in 3 days time, it still has a very low price in value compared to most ICOs.

What do you mean by this? If ICO is on how can be price any different then is on ICO?

If I click on link you provided i see are listed wallets that invested BTC and get some exact number of famecoin. So I imagine they got fixed amount and the rest will get burned. It is not the kind of ICO that no coin get burned and price depends of how much was invested.

The price is dependent on the amount invested. When more btc is invested, the price adjusts accordingly making it valuable with high price tag.
The amount of Fame 15 000 000 is shared proportionally to all investors according to how much shares you buy with btc. When ever btc is deposited, the price adjusts and the amount of Fame also adjusts in favor of the newly deposited btc.

With the current price, it is speculated to have a high return due to the current price being low.
If price should be around 1000sat, the increase in returns will be low compared to the price being at 24sat.
eg. should the ICO end with a price of 1000sat, and sells at 1500sat, you make a profit of 50% of invested btc.
should the ICO end with current price of 24sat and sells at 1500sat, you make a profit of 6250% of invested btc.

Of course, development and progress of the project will also count towards increase in value on exchnages.

Visit the Famecoin ICO site and grab some tokens while it runs for the last days.
https://ico.famecoin.us