Quote from: ShadowEra on July 22, 2017, 08:42:01 PM

Quote from: subzero01 on July 22, 2017, 08:20:09 PM

Hi, nice project and cool that you guys chose the Waves Platform. Inhave 2 questions for the team;
1. Why did you guys choose the Waves Platform over an ERC-20 token (Ethereum)
2. The crowdsale will go live on the DEX on August 1st. Does that mean there wille be 1 big sell wall where people can buy from, or will there be multiple tiny sell walls.

So when 1 sell wall gets eaten, the price rises and people can already sell their initially bought tokens? Am I correct

Waves is more user friendly, it's online wallet or chrome wallet app is great and doesn't need to download the whole blockchain. And with recent DAO hacks and multisig eth wallets cleaned out, well, sometimes simple is better...

You can buy on DEX from august 1st in SHDW/BTC, SHDW/ETH and SHDW/Waves. Also can send directly to our address to buy at "market rate" without using the DEX. It's a free market so people are welcome to place buy/sell orders how they like! Wink

The price will rise with demand.

Thank you for your reply

I do believe you only addressed a part of my second question. I understand we will be buying at the market rate, but who sets this market rate "initially"? Do you put a big sell order of the total supply or will it be multiple sell orders at different prices? So when the first sell order is bought, more tokens can only be bought at a higher price. After this, of course, the market can take its natural course.

Thanks for answering