Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] CROM - TRANSPARENCY, TRUST AND LIQUIDITY IN PERFORMANCE MARKETING
by
phantam
on 24/11/2017, 19:25:13 UTC
Wow... This really strict  mehn... Anyway your minimum investment is 10 Eth, and your minimum token to buy is 1 CROM. Don't you think these are contradicting? Or is 1 CROM = 10 Eth???

Minimum in the pre-sale is 10 ETH with 0.008 ETH per token. The question I answered was about limits in the regular ICO starting December 1st. Hope that clears things up.

That clears up my concerns too
 Thanks for the clarification CROM team. So your target for presale is really the big investors. Increasing ETH price will have some effects on this sale. Do you have any plan B in that case?

What happens if ETH keeps rising and investors start to hold their coins because they dont want to miss out in ETH?



Yea. This is a good observation. With the current rise in price of ETH, it might likely raise up an issue. When ETHEREUM now worth way more than what it worth when you started your project planning, 10eth might not be that easy for investors to let go.  I really hope you guys have put this into consideration and have a way out?? If you do have, I would love to hear it if you care to share.


This is one of my main concerns when ICO prices are set in ETH instead of USD/EUR, as during the course of the ICO prices could drastically change, i mean its more controlled on Ethereum at the moment expectations are up to 25% before December, so a 25% higher cost price on crom might be a concern, but if you look at dash and bitcoin, the jumps are much more extreme even lately.

And on the flipside what happens if the floor falls out from the ethereum value, suddenly eth is worth 40$ instead of 400$ and because of that the ico is worth much less than when it was started.