Post
Topic
Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 31/05/2017, 14:35:18 UTC
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

Interesting viewpoint but not correct, the market cap would double and your coins would be worth exactly the same.

Thanks for your reply, i am a little clearer now. I wish Wagerr team all the best success in this exciting project and will be waiting for June 1st

The value of your tokens won't half but your equity might nearly half.

So if the market valued wagerr at $15 million after the ICO, $100 worth of shares would be worth $150 if there are 200 million shares issued vs. being worth $300 if there are only a 100 million issued. So be vewwy vewwy quiet about promoting Wagerr till June 15th Smiley

I get what you're saying but bonuses for Rounds 1-10 do continue so it's not quite that extreme. And I still contend that wider initial distribution equates to a higher market cap and greater chance of success in the end.