Post
Topic
Board Tokens (Altcoins)
Re: [ANN][Pre-ICO] - AIDA P2P service | First Interactive Sale
by
ico_aida_market
on 22/02/2018, 04:57:55 UTC
what is total token ?

The website lists this: 

"Number of tokens: infinitely"

There is no limit to the number of tokens that the company will create.  No mention if unused tokens will be burned (destroyed). no mention if the company will issue even more tokens in the future.

For the ICO  each token is worth 0.25 cents (USD). Very possible that these unlimited tokens will be worth  much less in the future due to potential dilution.

Company SHOULD set a minimum (soft cap) and a Hard cap (amount needed to fund the project).... if they do not know these values then it is a HUGE RED FLAG not to invest with this team that can not figure out its basic economic needs for a successful project.


Sorry if the comment sounded critical but it was meant as constructive criticism for the company to think about what it needs in terms of funding to succeed. 
The release of tokens is limited to the duration of the ICO. In the future, tokens will not be issued. We will redeem the tokens at a price no lower than $ 0.25.
We do not have a softcam and hardcap. This is surprising. But we decided so. We wanted to conduct ICO in a new format.