Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] Aenco - World's First Blockchain-Based Healthcare Financial Solution
by
lunatics14
on 27/06/2018, 02:55:47 UTC
What is the main value you offer your clients? What will happen to the tokens not distributed during ICO? How can I purchase tokens during ICO? Step by step guide
As i read their white paper, unsold tokens shall be retained by Aenco and allocated to reserves to fuel the development and growth of the Aenco ecosystem, uts community and partners.
I found that idea as a pleasing one as it won't be a waste. Having it as a reserved revenues for further development of the project is an alternatives without much adjustments or changes need to do by its users.
There are lots cons and pros of retaining the unsold coins rather than burning it,  i just hope that this choice will not really affect the entire campaign, i mean burning the unsold coins ensures a limited supply so it prevents the coin from dumping and it secures the investors.
I think this will help you guys. "Among the tokens that are retained by Aenco’s team, total tokens allocated to the management team are subjected to an overall lock-up period of between 6 to 24 months from the initial token offering, where 25% of tokens are released and tradable only every 6-months. Therefore 25% of allocated tokens to management are tradable after 6-months, 50% tokens after 12-months, 75% after 18-months, and 100% only after 24-months. The primary goal is to demonstrate that the management team is committed throughout the duration of the underlying development and technology roll-out. Tokens allocated to non-management staff are locked up for a period between 6 to 12 months."