Btw just to ask one thing, if you don't hit the hard cap for ICO does the remaining tokens going to be burn?
Yeah there has burning token so that it can pump this project to raise the price of Fast Invest token. It will much better for investor. Keep supporting this project.
It is common thing to burn the remaining token when the ICO end for it will help the value of the token to rise up. Therefore, if you are a token holder you will benefit the most.
I see, so that is the reason why new icos burns their unsold tokens. So how will we know if they really burn the unsold tokens? Is there a possibility that some of them is transfered to some accounts?
Actually when their is ICO sale they sell tokens and the remaining will be burn and this is really the procedures of the ICO. This is the reason why the price of the token is unstable.
All outstanding membership tokens will be automatically locked for at least 12
months. After 12 months, unsold tokens will be used as a method of payment,
for business transactions.| Fast Invest team | 20% of generated tokens, automatically
locked for 12 months |
Community growth and bounty
program | 15% of generated tokens |
| Future company financing | 15% of generated tokens, automatically
locked for 12 months |
| Crowdsale participants | 50% of generated tokens |
| FIT rate per Ether | 1 000 FIT |
Maximum number of tokens
generated (Total supply) | 777 000 000 FIT |
| Tokens generated for Crowdsale | 388 500 000 FIT |
| Soft Cap | 38 850 000 FIT |
Does nobody read withepapers anymore nowadays? Don't be ridiculous.