It's really amazing how we still get the same amount of tokens even if there is a rise or fall of the price of ETH in the market. There's no better project than forty seven bank.
Yes a good project does not depend on the rise or fall of ETH/BTC, do you think they will reach their hardcap in the remaining days?
There is still 2 weeks more for before the end of the ico.. Although it is going to be difficult i believe they would be able to reach the hardcap.
Two weeks to sell more Tokens and push the project forward. I hope that they will hit their hardcap, at least close to the hardcap.
Hope so, 14 days to go close ICO. If they will not reach hardcap so what's next steps will be taken by FortySeven Team?
I think that if they don't reach their hardcap they will probably burn the rest of the tokens. Giving them out is not a good idea so you burning is the best option. They have already extended one time so i don't expect it twice.
Burned unsold tokens is always best to increase price of tokens. But can we have confirmation from 47B team/admin?
Guys, nothing will be burned . The unsold tokens would be not generated then.
This is what they have said from the start, they have a maximum amount of tokens that they would create (their hardcap of 5,000,000 FSBT) if there is not enough demand for these tokens then they will simply not produce the "leftover" tokens, even though they are not really "leftover" in a sense.
So what will happen to them will they just be removed or something? i think they are already produced and that burning them will be the best option.
Theirs nothing to be "removed or something", only sold tokens are ever generated, if they sell 4565915 tokens, for instance, their will only ever be 4565915 tokens, as thats all that was sold, therefor all that will be minted by the smart contract. No need for burn, no need for anything, they mint what they need so theirs no excess tokens created, its really the best way for an ICO to generate tokens as its the most transparent.