Post
Topic
Board Tokens (Altcoins)
Re: [ICO][ANN] 🔵LAToken - Asset tokenisation & trading platform🔵
by
cryptopete
on 02/10/2017, 17:44:26 UTC
So about a week ago I bought 15 ETH worth and then subscribed to the Telegram Channel.  One of the issues that is starting to concern me is that if they don't sell out, LAToken will just get to keep all unused tokens for sale at a later date (instead of burning them or somehow adding value to our postions) at their own discretion.  It just seems to me that in this scenario, the LAToken team would retain control of over 80% of the outstanding tokens.  If so, what is the benefit to us if all they are going to be doing is diluting our share over time?  At a price of appx. 42 cents the valuation seems a little steep.   Not trying to spread FUD, just some general observations and concerns I have.