Early listing of the OAK token on digital currency exchanges, shortly after completion of the ICO would ensure contributors have a viable exit strategy as well as to allow new users into your ecosyste (WP 4.2.) But what if this would hard dump your token? People who will get bonuses will fix their profit and sell token lower ICO price!!
In the short term, to be frank, we expect there will be dumping by some initial ICO participants. However, this is something quite common among many ICOs, whether they have a large pre-sale bonus or not, and is not something in our immediate control.
The pre-sale token cap of 7m ACO is not a huge percentage of the overall pool
- Max supply is 90m ACO, if we reach the hard cap
- If we just reach our standard funding goal, there will be ~45m+ ACO)
- The bounty program has been allocated 150k ACO
There are other measures were taking to mitigate against coin dumping.
We expect the MVP to be ready by late Q2/early Q3
- We maintain active outreach with the community and demonstrate active development occurring to show people that the coin isn't dead, even though the price may have taken a dip
- Release our platform only a few months after the ICO, giving the token real utility and recruiting actual users into the token ecosystem (and thus generating demand for it)
We have designed token growth & stability mechanisms which should further limit the impact of dumping and ensure adoption and growth of users entering the token ecosystem at an early stage
- more info on this can be found in our one-pager and whitepaper
In short, yes we expect there will be some dumping and there's nothing we can do to prevent it completely, however I do think the way we've designed it and plan to move forward with Acorn's platforms and mechanisms a short time after the ICO completes can minimise the impact of dumping and make sure it only lasts a short time.
Well, you beat me twice! With math and logic. You are right and fuel for dump will end pretty quickly. If you really expect the MVP to be ready by late Q2/early Q3 you better prepare a lot of coffee! =)