Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO NOW!] 💠 FORTY SEVEN BANK 💠 – Connecting Financial Worlds
by
Anilg
on 01/03/2018, 04:32:48 UTC
As an early investor, it’s really upsetting that the company misled investors by stating there was a fake 20% bonus. First off, building it into price is rudimentary and secondly, the fact that the “bonus” lasts the entirety of the ico is insulting.
I thought bonus here is a good thing.. Don't get how and why it is insulting... This is too make every investor have equal or almost equal status after purchasing the tokens.

I am also not getting his point. How Bonus is insulting? Or he mean to say that why bonus is for whole ICO period. This Bonus should be for only limited days and not for whole main sale period?

If the bonus is given during the entire ICO then this is no logner considered a bonus is it? People might have been tempted to buy early to get the bonus. Maybe they sold other tokens to get the ETH to invest which they wouldn't have done if they could wait several weeks with the investments. However, I don't really see the problem here as the 20% bonus won't be for the entire duration of the ICO.

Ah. I got your point now, so bonus should be for limited period of time so that investors can jump early. And since its looks like Bonus if for entire mail sale period people might wait for last day for subscription. Dev team need to clarify bonus part here. Lets wait for update from them.