Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin
by
allycn
on 18/10/2017, 16:04:20 UTC
Another thing to consider: this ICO is unique in that it has tons of "newbie" investors, who will have NO IDEA how to sell it on an exchange. They will be searching YouTube for a week to figure it out.

LOL. Best comment ever Grin  ... Even though I am not experienced with exchange selling it still made me laugh (I invested in Electroneum to hold).

The ico will end within 1 day and 1 hour as of the moment im posting this. I just wanted to know if the amount raised today already achieved or surpass the minimul funding goal?

No - only 10% will end.
ICO will end 31.october.

Gany

hi are you dev or someone who is part of the team?  can you please elaborate what do you mean that only 10% will end tomorrow?

The 10% bonus. This is clearly outlined in the Whitepaper. They set up a bonus structure to reward "investors and users for early adoption and
believe this will enhance the future value of Electroneum and encourage fast growth."
Starting October 19th, there is no more bonus so you get 100 ETN per USD 1 you invest. In case you were wondering, this was how the bonus structure was set up:

PERIOD           DATES                                BONUS RATE   ETN ISSUED
1st (7 days)   Sept. 14th - 20th, 2017        50%                  150 coins per USD $1
2nd (7 days)   Sept. 21st - 27th, 2017        40%                  140 coins per USD $1
3rd (7 days)   Sept. 28th – Oct. 4th, 2017     30%                  130 coins per USD $1
4th (7 days)   Oct. 5th - 11th, 2017                20%                  120 coins per USD $1
5th (7 days)   Oct. 12th - 18th, 2017        10%                  110 coins per USD $1
Last                   Oct. 19th - 31st, 2017        0 %                  100 coins per USD $1