Hard cap ?
Price per token ?
Telegram group link please .
soft cap 100 million, if sold out before 14 th June,hard cap will be 200mill
Price per token is fixed at $0.05
sorry we dont have a telegram group going , its slack at this stage , slack.wagerr.com
Ok so the absolute hard cap is $10 million. I think it's a good project and will probably invest but...
I would be remiss not to point out that you have got game theory and incentive alignment wrong in terms of your ICO imo. On the one hand you are attempting to encourage word of mouth marketing and the complete sale of each round...
A progressive bonus system rewards early adopters while encouraging word of mouth marketing and the complete sale of each round.
https://wagerr.com/icoBut on the other...
soft cap 100 million, if sold out before 14 th June,hard cap will be 200mill
So never mind a
1-9% bonus, shareholders could receive a
-50% equity deduction if they engage in the word of mouth marketing you were trying to incentivize. As with any project, more funding is usually a good thing but in terms of incentives, you have encouraged complete radio silence from ICO participants until at least the 14th of June.
Having said that it's a good project all round and you may well raise your hard cap very quickly, just pointing out your incentives are misaligned and hopefully there aren't as significant incentive misalignments in Wagerr itself.
very fair point of view, just one thing to add, the bonuses stack if those rounds are started and sold. So those new rounds selling as well would mean that bonus would move from 9% max round one to 19% and following rounds etc.