Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ABT] ArcBlock - BORN FOR BLOCKCHAIN 3.0
by
MrSpasybo
on 29/01/2018, 07:36:45 UTC
We decided to lower the max individual cap to 3ETH + 7500CMT (#Cybermiles). GAS CAP up to 51K and GWEI 31. Do not contribute beyond   the CAP,  your purchase will be failed with 20% penalties. Refund process will be in 5 weeks after the token distributions. #arcblock #blockchain




Nice to see a lower cap. Maybe everyone got a chance to participate. But why restrict Gas and gwei?

I have not learned about this project yet, but I think individual cap is still too high, and I cant believe it with GAS and GWEI, have you thought about this carefully? I understand that you want transactions to be faster, but in my opinion this will weigh on the potential investors middle to bottom, unless you are not expecting middle-class investors, and hope to get a lion.
Gas limit = 51.000
Gwei = 31
Max cost = 51.000 * 31 / 10^9 = 1.581 ETH = $1.9 USD.

I think it's a reasonable price for the hottest ICO in early 2018!