Re: [ANN] GoNetwork - ICO by Winners of ETHWaterloo

GoNetwork (@gonetwork_co) public sale has started. Raised at the moment:

Holy.... what an earth were you building again? A death star? Seriously, may we see a planned budjet for 600k eth?

Current effective cap is half the amount in the screenshot now, i don't understand it keeps changing? maybe the change effect is caused by time or something? anyways i don't think they'll raise the amount presented in "current effective cap".

current effective market cap = hard cap? Isnt Gonetwork crowdsale is Dutch auction? that means every will be paying for the same lowest bid price?

As it seems to be, but it is new to me i never know how dutch auction is.

Quote from: G00DFe77a on June 19, 2018, 05:58:17 AM

No wonder hardly any ICOs use dutch auction, it's so complicated. Most people can't figure out what's going on. Huh

Im one of them who doesn't know what was really going on with this ICO. I don't know what is the mechanics to win and what will happen if the one wons if he will get the biggest part allocation for tokens that are about to sold.