Re: [ANN][TOKEN] XYO - Decentralized Crypto-Location Oracle Network. Sale 20.03
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?
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
Say XYO is worth $0.01 today. If we were to get listed on Binance in a few days (extremely unlikely as they look for projects with an amazing community and amazing technology, which is where I intend to take us soon!), we woould have to argue our asses off to say it's worth $0.03 or $0.02 even. Why would Binance want to force their customers to buy XYO at 2x or 3x the amount that the Token Holders got just days prior? They wouldn't.
So how do you actually create value, lasting value, defendable value?
In otherwords, how do you create a situation where XYO is valued at $0.10, $0.20, $0.30 or more, and actually be able to back that up?
I believe it's achieved by creating amazing technology, having an amazing community
AND...
Having it proven by the market by creating a project so amazing that there are thousands of people purchasing XYO in the amount of $0.10, $0.20, $0.30, and on.
And doing that will take us to $48M target cap.
And that's the purpose, my friends, of XYO GAMMA.
Common, Let us give the team a little support
