Quote from: surgical_duude on May 20, 2018, 12:38:57 PM

Quote from: jeanpierre on May 20, 2018, 11:08:45 AM

Quote from: Billsonl on May 20, 2018, 02:51:06 AM

Quote from: asdlolciterquit on May 19, 2018, 10:18:56 AM

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?

Today, in XYO's telegram chat, Scott Scheper, the Co-founder & Head of Marketing had stated that they are way short of the $48M expected ICO funding (as of right now, they have raised 17,500 Eth at $700 = approx. $12.25M). As a result, a few days ago, they came up with a so called Gamma Sale which is a another ICO. Another thing they mislead investors saying that coins will be listed at exchanges after the ICO but now, they flip flop and saying it won't be listed for another 6 months. They have pissed off so many existing investors. check out their Telegram Community Chat: https://t.me/joinchat/GVfdkUtqtEQ5CC2xXYMqlQ

Wow what the hell is this ? Is this the truth or just fake fud ? Can an admin tell us if this is true or not please

As far as I understand, they are expected to take about 6 months for their coin to be listed on Binance. Maybe we misunderstand his mean.

"In the meantime, XYO will likely be freely tradeable on cryptocurrency exchanges because Decentralized Exchanges are everywhere; in fact, I believe XYO is already on various Decentralized Exchanges."

As much as Lambo investors are pissed off over no exchanges being considered right away - The XYO team does have some solid points.
Although, I do feel that throwing the word "Binance" around is a bit too much...

In 6months, Binance may not be the best exchange, just like 6months ago nobody even heard of binance.
2nd - There are countless new exchanges that will popping into existance within the next couple months - Meaning there will be other options.

Lets hope in 6months, the wait was warranted and investors can see some serious profits.

But, there is the problem, with XYO decision to postpone listing, that now investors are fully expecting profits in 6months - The team is now fully committed to raising the value of the token in the next 6months or face some serious investor backlash for withholding exchanges to determine market value. Plus, you now have investors who don't care to be investors lurking around all disgruntled.

When everything is considered, it might be better to just list on exchanges.