Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PreICO] WaBi (蛙币) coin backed 🔥 by safe products in China
by
sarul
on 14/11/2017, 21:01:25 UTC
What was the discount for the pre ico and are they restricted for trading or will it all come out day one?Huh

a pre wabi was 0.03 $, the ICO wil be 0.15$

also mentioned above:

Are the presale token holders allowed to trade after the ico ends just like the crowdsale holders?

No. the presale holders have 2 option :

a) To lock tokens for 3-6 months and get 5-10% bonus (coming out of the founders’ personal allocation)
OR
b) Sell preWaBi back to WaBi Project at 8.5USD/preWaBi or 0.25USD/WaBi (reflecting the 1:34 preWaBi to WaBi ratio).

This way, whatever 'dumping' might occur will be absorbed by the project and not the ICO contributors at the exchange.
So, it works like buyback guarantee to avoid a massive sale. Whatever who chose option 1 or 2, it looks equally beneficial. But Pre-Wabi owner is the most benefited, buy at 0.03$ and sell for 8.5$. That's huge  Shocked Shocked