Ninjastic
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Board Announcements (Altcoins)
Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
bitdrafter
on 28/05/2017, 06:09:07 UTC
Quote from: maxpowerzz92 on May 28, 2017, 03:06:10 AM
Quote from: Twipple on May 28, 2017, 02:11:39 AM
Quote from: Dr Charles on May 27, 2017, 10:02:36 PM
Is there a cap to how much a single individual/organization can buy? I have a couple parties interested in participating but before I keep aggregating I want to make sure there is not a USD cap per single purchase. Can you verify?

It is probably just the max number of coins they are selling. While I am sure it ensures no centralization or monopoly, but I think that needs to be implemented as someone would be really stupid to buy into so many coins. But I have a quesion. What happens if not all coins get sold ?

Unsold coins will not be created.  I believe the minimum requirement is phase 1 which is 17 million, otherwise the ICO will restart per OP.

If only 30 million are purchased, then the max coin supply drops from 100 to only 30 million instead.

Spot on, it is all percentage based to ensure fairness Smiley