Ninjastic
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Board Tokens (Altcoins)
Re: [ANN] [ICO] Xtrade.io - Bringing Mature Financial Technologies to Cryptocurrency
by
bananafana
on 25/02/2018, 05:34:37 UTC
Quote from: enigmatical on February 20, 2018, 09:12:22 PM
Quote from: bananafana on February 20, 2018, 04:49:34 PM
Quote from: enigmatical on February 20, 2018, 04:27:44 PM
Quote from: glorhunting on February 20, 2018, 03:56:31 PM
It's $0.10 per token in the original offering.

Alright thanks for this information, do you have an idea what the total maximum supply of XTRD tokens created for this ICO?

Good question as I had the same one when I first learned about this project. From the whitepaper (page 32):

"Instead of generating a sum of XTRD tokens in a pool prior to the TGE, XTRADE will generate tokens only as funds arrive."

This is also another smart way to keep token supply low by being a function of the total funds accumulated in the token sale with the hard cap and soft cap as its upper limit and lower limit.

I didn't think about it like that, but you make a good point. I wonder why I don't see this method quite as often with other project. It seems to make more sense.