Post
Topic
Board Announcements (Altcoins)
Re: [ANN]✅ [ICO] Open Packaging Network [ANN]✅ [ICO]
by
OpenPackagingNetwork
on 21/08/2018, 15:26:23 UTC
I don't know, but to me, its still not clear how your bonus works. What kind of discounts are offered to early investors?
Our token is $1 per token. But we have incentives/bonus for presale investors based on lockup periods.
Minimum presale buy: $50k
Maximum: $500k

Bonuses-
1 year lockup: 25%
2 years lock up period: 35%
3 years lock up period: 45%

This is the first time I'm seeing such lock up periods for tokens. Isn't this too long? I know for one that most people in crypto are very impatient. They would rather choose to invest in get rich quick schemes than wait a year to 4yearas for one project


Yes, the lock up periods are rather new. I read a report recently that about 3 icos launch daily, aside airdrops, bounties, Icds and more. With this kind of numbers, investors are spoiled for choice. Will they wait fore a year for one to go live?

Very valid points raised. First, we are for the love longterm. Also, we took the unique step of offering such long term vestings to ensure we have long term strong backers as this will bring confidence to the project and stability to the platform. Also, note that full information as regards vesting periods Will be avilable on our SAFT agreement form, scheduled releases by individual investors would also be found there..