Post
Topic
Board Altcoin Discussion
Re: Recently I've taken a liking to ICO's. So I've decided to share my results.
by
Aoirayn
on 29/01/2018, 13:16:49 UTC
I just sold some coins and invested in DADI.
Wow what a ride!

Even though this ICO had a personal hard cap of $5,000,
and had a total hard cap of $25,000,000, it sold out in less than an hour! That is insane!

First of all, the site crashed and I was unable to access the contract address.
After waiting for the site to respond (after about 15 minutes) I got the address and prepared to send my 2 ETH.

I put in the maximum gwei allowed (99), and 200,000 maximum gas.
After 10 minutes it got confirmed, and it had used up 134,800 gas. Phew! That was a bit sweaty.
I got nervous that it would run out of gas, but it turned out OK.

At the time of writing, the contact address has received more than 30,000 transactions. and it's still increasing at a rapid pace.
But after about 15,000 transactions, it started rejecting the transactions due to already reaching the hard cap.
They have already announced on twitter and telegram and their homepage that it's sold out, but people are still desperately trying to invest.
I'm relieved that it rejects the transactions, but it's still a lot of gas being used.

This is really insane, considering the personal hard cap.
I believe this token will skyrocket once it reaches exchanges. I am heavily excited for this.