Re: [ANN] [ICO September 1] ALIS - Japanese Social Media Network

i was watching this coin and prepard to invest, but they said any onsold token ll be burned and now i read they r going to burn only 80m tokens so we ll still have oversupply

Indeed oversupply, but if they give some information about how they are going to use it and if it will be also invested in the ALIS platform it would make a huge difference. And if the oversupply will be sold and spread over a long period as well.

Japan has over 127 million people and they are really loyal to Japanese projects, a guarenteed success.

Hopefully their team will follow the road map closely! Cool

There's a difference between circulating supply and total supply. Their circulating supply is 37M and Total supply after burn will be 80M.

Where's the Oversupply here?

The remaining 43M from the total supply, will not be unlocked now .. it would be over a period of time ..

If you think 37M circulating supply is oversupply, then sell your coins. Ill will buy them cheap.

I understand the difference. But in this case the 41.5 Million ALIS Tokens will be owned by ALIS and that was not the deal.

Currently (before burn) 92.3% is within the biggest wallet 0xed93fb4b30b31dd614d13e92b89aba1c6d12c9d4
461.5MILLION Alis Tokens of 500,000,000

38.5 MILLION within other addresses ICO + Probably giveaway

After BURN ALIS stilll owns 51.86% 41493022 and that will become within an address (wallet) and is sellable.

So that that means it is part of the total supply. So it will be 80 million circulating.

But the things is, if you promise to burn all Tokens and in the end you keep 51.86%... Huh

Without explaining, not really a fair solution. I prefer more transparency.