Post
Topic
Board Speculation (Altcoins)
Re: [SNT] Thoughts on the Status ICO?
by
styca
on 16/06/2017, 18:47:22 UTC
Does anyone understand the dynamic ceiling they are implementing and care to elaborate how that translates into actual investment constraints?  It's sounded like from what I read above they are aiming to make large investor do a series of transactions to increase there costs via fees.  That doesn't sound like it would hinder them much.  What is considered small vs large?

I understood it the same way you have. A series of ceilings means that to put a lot of money into the ICO you'd have to do multiple transactions. Also I think I read that transactions with gas prices higher than 50 gwei are automatically rejected, so this might stop the whale queue-jumping that happened with BAT.
Not sure if it will work or not, but at least they're trying.