It is very low cap ico,wic is not asking about lot of money,it is disruptive project,poeple who invested in pre-ico invested with promo price,they knew all conditions,wic need money to make that project succesfoul,i think it is best to run ico to max amount of money,looks like some pre-icoinvestors want only dump coin and move other ico.Project succes is succes of all investor.So take care to get max money for project,,now becouse of sell off your ico will slow down
In general I agree with you. My main reason to speed up things is seeing some competitive ico's running and in that case it is best to get the app and network running asap, to grab a huge share of that market.
Besides that, about the money flow, I asked:
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And of the tokens you get back (the 50% of unsold) what are your plans for those? Are you going to sell them on the market or keep them for a while and use for the gift cards? I am sure you had a plan for when you would not sell out.
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"We will not be buying back WiC or funding the reloadable cards with the 5% which is reserved solely for in-app distribution.
The customer who wants to buy a reloadable card will pay in fiat and the seller of the cards will buy the exact amount of WiC at that moment's price and forward it to the customer. So that means the seller will not have pre-bought WiC but will buy as per the customer demands."
Also, we do not intend to sell the unsold 50% tokens on the market since selling it so early will be not be ideal and we expect the prices to rise much more than what they are now. We will sell only in small quantities and only as and when needed.
Thanks!
If they hold 50% of the unsold tokens and only sell when needed they might even have a bigger bankroll to pay stuff of. as they expect the prices to rise much more. And who knows, maybe after that ICOlert they get sold out before the end of the shorter period.