Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
I think we need to use big red letters for the devs to actually answer this question.
Why have you decided on capping the ICO at 260 million dollars?
It is right there in the contract. And it is too high. Since you are selling only 50% coins in that presale, that would make the market cap of Bancor at 520 million dollars. You can arbitralily chose the hard cap and set it to 50 million or 150 million, so why do you want to set it at exactly 250 million dollars and not lower despite the community asks you to do so? Many people were rising this question and the team denies to answer it. Why do you want 260 million dollars? And if you don't wan't that much, why do you avoid capping the ICO lower?
Why have you decided on capping the ICO at 260 million dollars?
It is right there in the contract. And it is too high. Since you are selling only 50% coins in that presale, that would make the market cap of Bancor at 520 million dollars. You can arbitralily chose the hard cap and set it to 50 million or 150 million, so why do you want to set it at exactly 250 million dollars and not lower despite the community asks you to do so? Many people were rising this question and the team denies to answer it. Why do you want 260 million dollars? And if you don't wan't that much, why do you avoid capping the ICO lower?
Are you kidding me? Have you read the tons of statements in the thread here that the contract on github is only a draft and that the real contract code is hidden because of the hidden cap? There are comments in the contract that say that the cap value provided will be changed and is temporarily. Read the thread before posting in that font size.
