Post
Topic
Board Tokens (Altcoins)
Re: ✅ [ANN] [ICO] ✅ PRE-SALE SOLD OUT - ACORN COLLECTIVE! ✅ MAIN SALE 26 MAY 2018
by
Davidwastaken
on 16/05/2018, 05:13:47 UTC
Hello. What hard-cap was set for this ICO?
35 million dollars, but five of them, as I understand, have already been collected

This is what we spoke about a hundred or so pages back. With the new allocation the numbers in the announcement were confusing, as they didn't add up at the time, but has now been rectified. However if you look carefully you will see that hard cap is actually 32 million OAK on main sale + 7 million OAK on pre-sale which translate's to just under $50 Million total, but thats if they sell all the tokens.
For a successful launch is clearly not needed maximum. Of course, there are no extra money. But I am sure that with soft-cap success is quite possible. The main thing is to work and go forward.
Also, it's nice that you do not need a lot of money to run.
there is likely an emphasis on advertising and promotion of the project.


I was wrong. Still not adding up. Hard cap and total of tokens for sale still not adding up. if you wonder what I mean, just mutliply the total tokens available for sale will be 32M Oak at $1.4 each that gives you waaaay more than the $35M hard cap.

The one pager says that hard cap is 25M Oak which does add up to the $35M hard cap but that means 7M OAK are missing and no these are not the 7M OAK sold at Pre-sale.