I have a question for you all..
Lets say I have an ICO. The total supply is 100m tokens.
20% is for our team, 80% is for investors.
If I asked an exchange to list my 100% of supply to public..and 100% of the tokens
were bought already..who gets that money??
Is it the Exchange ge or the team!!??
ICO means you are selling your tokens to the investors and they pay you and you give them your token so your tokens are sold, that means 80% which investors are holding are holding token and they have payed you for that in ICO so you are holding 80% sold token amount. In exchange you dont have to supply anything you just have to list your token so that investors and others can trade. Your job is finished after ICO token are sold, now your job is to fullfil the projects which are promised and develop it. What 20% you are holding will be your asset.
So now you got it how you got money and how investors got token and then they sell in market and en-cash their investment