Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [EON] EXSCUDO - ICO successfully finished!
by
Dianaarrah
on 26/07/2018, 07:42:02 UTC
Beside trying a small trade to test the exchange as soon as it's been launched I I put myself in waiting mode regargind Exscudo project and missed what this distribution of multiplier tokens is about : anyone care to share please?

Those who invested recieved a multiplier. Instead of burning unsold tokens, they are given to investors.
Instead of distributing them right away the team was going to have them spread out in airdrops.

There was a vote whether to distribute them in installments like originally planed or just all in one batch. Im not actually sure how the vote played out.

The vote ended in favour of receiving the tokens at once not airdropped, they say tokens will be released before the end of july
That would bring the price even lower because these investors will surely sell to take their investment.
I don't know what will happen, it's just my guess knowing that we do not have liquidity yet, maybe if the team are adding exchanges, it will change the outcome.


I though so, It will just lower down the value of EON since people will just take advantage of the airdrop and manipulate the market. But, as long as they are very progressive it can be changed. We'll just need to wait more for their updates. Trading bots is really interesting.