so wait, if the crowdsale sells out before the 14th you will issue another 100m tokens to the market for sale? Sorry in advance if i have this wrong
Thats how i understand it. I surely will not try to advertise it if we hit the 100 million. I have a felling that the first 100 million will sell out, probably not in record time, but sell out... could be wrong, but lots of interest in the last couple days..
thanks for your reply. Personally I dont understand why they would start a second crowdfund for another 100 million tokens diluting the original investors investment by 50%. Why not just set a hard cap for the full amount you wish to raise, which from what I can see is $9.25 million
I like your project Wagerr team but I am now cautious investing on first day, I would rather lose the bonus than invest and not know if my coins are worth 50% less in a few weeks because an extra 100 millions tokens have been sold
However i will be watching closely and invest once i feel comfortable about numbers of token supply
In response to the idea of 50% less valuable argument.
What if the ICO was packaged as 200mm max coins for sale and if Half of all available coins are not sold by June 14th then the Cap moves to 100mm max coins? then your coins would be worth twice as much? or almost?
This is essentially the exact same thing just packaged differently.