Post
Topic
Board Altcoin Discussion
Re: XYO just screwed their investors after token sale
by
cryptoalfs76
on 22/05/2018, 02:30:25 UTC
So, the XYO token public sale just finished last night.   After completion you can  see a "Gamma" token sale.  They are continuing the sale with no fixed end date. 
What is more troubling is that they promised they would burn the unsold tokens, but instead they "allocated" and extra 5 billion tokens to this Gamma sale effectively diluting
the tokens of the investors from the original crowd sale.   Now, instead of 9 billion tokens, there are ~14 billion tokens.  This move works to the detriment of said investors.

These are the facts.

Spin it any way you want to XY, but this is a clear betrayal of our trust.   I hope there is a special place hell for you. 


I thinks this a kind of cheat,doing of the XYO offering project into the participants of this campaign,because continuing the public sale with no fixed end is  against the rule of ICO investment,especially when using the unsold tokens and they promised it to burn ,but they have allocation of  some extra  billion tokens,thats why this happen will can contribute uncertainty doubt  to us,especialy if you are an ICO investor enthusiastic and panatic,its can create doubt to join  or participate again in another ICO investment,because of this kind of experience.