Post
Topic
Board Announcements (Altcoins)
Re: [SDC] ShadowCash | Welcome to the UMBRA
by
menace.bit
on 19/03/2017, 01:28:49 UTC
What will the dev team/ "foundation" do with the "donated" SDC tokens? Will they be burned? Kept in a wallet for future sell in market or sell after exchange?

They plan to collect 3.32 million (cap / goal) which is 50% of SDC in circulation based on coinmarketcap. What will happen to remaining SDC? And ShadowCash project itself - will it be abandoned?

From FAQ
Quote
Will the token exchange be capped?

Yes, technically it is necessary to submit SDC tokens in order to receive PART tokens. Once (or if) all SDC tokens are converted into PART the exchange will be complete. At the end of the 4 week period, no more exchanges will be allowed.)