Re: [ANN][CrowdSale] NVO Decentralized Exchange | Multi Wallet
noted.
thank you for replying me,,so the price of this NVO token is depends of the amount that invested here ,,
every NVO holders will get NVOS ,,
but for NVOS price will be fixed at 0,999 USD for this i read on the whitepaper
this is great and fair enough for all investor
regards
Sorry i quoted your private message, but it is a really interesting point.
This system will protect NVO from dumps, as every NVO holder will receive NVOS, and the price will be fixed at 0.99$, this way, the operation will be legal as it is tiny amount, or micropayment, that's what will let NVO stay decentralized and legal, it will also protect the investors from the legal part. It will be like a faucet for the investors, and it will stay legal and combinable.
This is how the NVOS and NVO Token works. If someone decides to sell their NVO Tokens on a centralized exchange, he won't receive NVOS, as soon the buyer withdraws them to an NVO wallet, the validator will recognise him as an investor or holder and will send him NVOS.
This is how the validator will do to send the NVOS to the investors.
This sytem will protect the NVO Token from dumps, and will favorite the growth of the token's price proportionally to the generated volume as the NVO Tokens will receive more NVOS.
What would be crowdsale base price for a token.?
The price will be determined after the crowd sale, by the total amount invested, all the coins will be distributed.
so the price will be unpredictable
but did you have minimum target of investment for this project at crowsdale?
okay thank you,,
you say the fund will be escrowed,, who is the escrow for this project ?
The escrows will be updated along with the crowd sale details.