Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] | STASH | Digital Money For Everyone | PRE-SALE NOW LIVE!!!
by
cava
on 25/10/2017, 10:35:21 UTC
So 360 million tokens for sale.

Any tokens out of the 360 million that are not sold are locked until the 27th September 2018.
Also 100 million for the team are locked until the 27th September 2018.

Doesn't this mean that potentially there could be hundreds of millions of tokens dumped on the market on the 27th September 2018?

Surely you need to extend this lock in period and also introduce a vesting period?
Alternatively why don't you burn the unsold tokens?

I don't understand why do you need to create 500 million in the genesis block?

Company and founder tokens will be locked until the 27th of September 2018 so they will be out of circulation.

Some of the tokens may be used to attract additional developers. We will continue to update the community well ahead of the 27th of the September 2018.