Post
Topic
Board Altcoin Discussion
Re: Telegram ICO (TON)
by
ItsEzMkay
on 05/03/2018, 17:43:46 UTC
So how many people think the Accredited investors will dump their Gram tokens on the exchanges when they get released? Imagine buying about 5 million worth and selling them for 3x the amount. It makes me sick to even think about it. Deep discounts to early investors. Makes me sick to think about it.
I don't know about this ICO as I haven't read details but generally when you are spotted such a sick low price in an ICO there is a vesting period which locks up the coins for a pre-determined amount of time. Would be thoroughly shocked if there wasn't at minimum a 6 month vesting period here, it would be horrendous for public investors if not.