Post
Topic
Board Tokens (Altcoins)
Re: [ANN] TRAXIA (TMT) - 1st project invested by Cardano Hub - 1st ICO to accept ADA
by
frenkelebre
on 23/03/2018, 23:20:50 UTC

When i read carefully first post again. I see they supply about 1,000,000,000 Traxia Token with 0.15 USD per TMT -> Max cap is around 100 milions dollars, so big... Could we can do it?
The sum is very serious. Here you are right. But nobody forces to collect this quantity. It is enough to gather a half and the project in principle it will be able to be started. Other quantity of tokens can be burned or still some options will be offered by the developer.
This was exactly my first reaction after reading. The hard cap is way too much and I hope they do reach that goal because the project has a really good idea and they must keep working because as the project grows they'll gain more investors.
With that "sum" very large. It can be possible to achieve it I think if given the chance to gain A LOT of supporter for TRAXIA's project. If people are liking and loving how the services of this project can be beneficial for them, it's a good start to spread the information more about it.
I know that to collect a hard cap it is necessary to be engaged in well advancement on the Internet, and in order to promote well it is necessary to make a full-fledged bounty company.
I agree that the hard cap is way too big. Maybe there is a reason why they set that so high. But in fairness for this project, they a good whitepaper that one can really understand. Im not very much familiar with the developers but I hope that they can pull this thing out.