Post
Topic
Board Altcoin Discussion
Re: Polybius ICO
by
Uzair142
on 27/06/2017, 10:58:31 UTC
You expect 22.43 million for token holders over 3 years (till 2019). Considering the fact that there are 20 million tokens. That comes to $1.14 per token after 3 years. So where is the profit in that? Remembering the fact that each token cost $10, I'd still be in the negative by $8.86 so why should I invest?
Note: the business model is on the website. When I asked the company, one of the guys replied saying that there was no such thing on the website when its clearly there. Any idea?
That's the worst ico ever, I understand the business model but it seems non-sense for me.  My guess if that will be useless coin in the future. i mean just another shit such as matchpool and another shit project with high dream.
I invested to hopefully make a quick bit of money on initial release but long term it seems atrocious.