Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Astronaut (ASTRO) Token Sale. One Token To Rule Them All.
by
picoloresearch
on 24/10/2017, 02:05:55 UTC
Thanks for your comments.

Astronaut has been somewhat 'under the radar' with the vast majority of our participants coming from our own research team at Picolo Research.

While we acknowledge that bounties such as signature campaigns can do extremely well, we wanted to do things a bit more organically and attract certain types of investors.

Our ICO is not 'hyped', nor do we want it to be given the current state of the market with 'pump and dump' issues occuring around listing.

Bounties work well for token sales that need to gather a substantial userbase after launching a product. Astronaut does not quite fit into this category. The types of investors into the token sale we are looking for are in it for the long term. Our concern was that a heavy bounty approach may cause large amounts of investors to contribute that may not really understand what we are offering, or are looking to 'head for the door' as soon as possible.

In saying this, we could be proved wrong and time will certainly tell.

Many thanks for your comments all.