Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TOKEN] XYO - Decentralized Crypto-Location Oracle Network. Sale 20.03
by
Shoshi91
on 20/05/2018, 00:41:23 UTC
May ask where tokens for next sale come from?
There is announcement that all unsold tokens will be burned (which relates to ICO sale if I understand right).

All unsold and unallocated tokens after the XYO Token Main Sale will be burnt. Tokens for the GAMMA Platform Sale Public Token Pool would be allocated to be sold for GAMMA Platform Sale. The GAMMA Platform Sale is the sale of XYO tokens from the defined, finite, allocated XYO Token Pool after the main XYO Network Public Token Sale ends and all Unsold/Unallocated tokens are burned.

Hi dev, the ico is almost over right now. It will be finished in less than 24 hours.

Right now you have raised almost 17500 eth, that have a values right now more than 12 million dollars.

I think that is great, but is far from 48 million dollars.

Do you think that this might be a problem?

The next step for the project, as advised on the roadmap, is  XYO GAMMA Platform sale. There is already a lot of tech that is in development that can get the network going.  The projected cap takes into account many factors such as business partnerships, further hardware development, and others.  With $48M, the team would expedite the efforts in getting the network to grow faster and larger as compared to without the funds.
 

so the 48 million $ hardcap isn't associated only with the token sale! correct?
Well, i think that this is a great news, becouse make the gain of more 12 million dollars with token's sale even bigger!

There is no hard cap, it is a projected cap.