Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
asharpguy01
on 03/06/2017, 17:57:25 UTC
I have a question that might not just apply to WGR, but any ICO.  What if Wagerr really takes off as a success story and some larger non-blockchain gambling company acquires it?  What happens to the value (or even the existence) of WGR tokens in their current form?  Since our WGR tokens are not an "investment" or stake in the company, could the acquiring company just eliminate WGR all together and replace it with a new online token or currency?  Would the company be obligated, either legally or via an effort to keep the Wagerr customer base, to maintain the WGR tokens or convert them to a new token/currency?

This just might be one of the risks with getting involved in any ICO.