Post
Topic
Board Tokens (Altcoins)
Re: 🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK
by
ibininja
on 07/05/2018, 11:08:12 UTC
Now I've finally figured out what the stages mean: Max Hard Cap is a stretch goal with staged goals of 5, 10, 20 and 35 million

Now I'm just wondering why in the counter the amounts are given in ETH

They weren’t really hiding it hehe but could show it better, I think they show it in ethereum because it’s the value that really matters as they need the ethereum to make the project work they need the raised value to turn it into a working and prospering company

So the next milestone stage 1 is the 2000ETH and that would unlock to the second stage? How is the eth price treated? is it fixed during the sale?


they stages probably have no impact on the price, these are goals that they want to achieve
price is fixed at 1 ETH = 6000 HNY, Discount linearly drops to 0% on June 30. July 1st is the last day of the ICO


Since it is fixed to that value it would make sense. It seems eth in the right realm right now so If this is pulled out it would be great success. I think the only drawback if ETH falls back to lower than that value in HNY. We are all waiting for the SEC decision. At least we will be able to these ideas implemented.