Post
Topic
Board Announcements (Altcoins)
Re: ❤❤❤[ANN] [ICO] JDS ICO is over
by
wolfgb888
on 23/10/2017, 12:42:43 UTC
As we awaiting further updates and draw nearer to the end of the month which was the timeline given for bounty distribution, however I observed that the site still reflects an amount which has increased from ICO amount raised up $423k. Shouldn't this have been stopped? First time visitors might have a false information as this doesn't tally with original figure raised.
the total $ is raised, as it had fallen several weeks ago, due to the fluctuation of the price of the coin and btc in particular. I am waiting for updates

I agree with you, because they also received payment from bitcoin and we all know that bitcoin now increase rapidly about $6k, that's why the amount in dollar change high
Does this indirectly mean the total amount JDS collected has increased in value after the end of ICO, I think this would be the case if these funds hasn't all been converted to fiat.

The token price will be pretty much the same as the start of the ICO. Hence, I might expect a huge drop vith respect to the btc price. I hope that won't be the case

No actually at the end of ICO,  over $320k was raised as against the amount displayed now on the ICO site which is $426k, this will create a false information as the counter wasn't deactivated when token sale ended.

So the actual is $320k, that's why there is some misunderstand between people here included me about the fund was collected because JDS team not deactivate counter. I hope the team can take attention for this
Can it be that they didn't convert the amount get into fiat? Can that be reason for increase of raised amount? Or maybe some big investor invested after the end of ICO? Is that even possible?
Yes,  maybe there is a possibility this wasn't converted to fiat which is the reason for the changes in amount raised which moves due to the volatility of the coins on crypto-market. However, it is also possible, the counter was not deactivated at the end of the ICO. Let's be hopeful this would be resolved soonest.
I think it's much more likely that the counter has been turned off at the end of the ICO. This could have brought a little bit of confusion...I trust that you will solve
No if the counter is turned off,  whichever is the case,  total amount raised shouldnt be varying probably increasing or decreasing daily.  It increased between yesterday and today.
I think that there is little time at the end of the distribution, perhaps only a few days still. after all,
we can be happy and wait for the arrival of the token in the market