The price for Waves is ridiculous
Especially it is rediculous when you consider that all Wave token holders get free Vostok tokens that are maily sold only to big investors with $500k investment. As soon as people realize that then there will be a run on Waves tokens.
I know nothing about the Vostok tokens dropped to waves holders, could you please expain something more about that? Which is their use?
Sometimes I wonder how some people have come so far in live. All the information about distribution is cleary described on the platform's web site and on some good blog posts. Two simple clicks to get there and it takes less time than creating a post here.
Among other things, you can read information about distribution (that has not been done yet) here.
https://medium.com/@tehMoonwalker/why-vostok-is-a-good-thing-for-waves-90e76222f5edFirst off this is a very exclusive ICO, only 47% of the tokens will be sold, and for the main part 30% of it you have to invest 500.000$ which is a lot.
Again a lot of people complained about this, but I appreciate the honesty, I can tell you every icon you invest 500k you will get a bonus. and for the risk you take for investing so big I think its earned.
so what about the rest?
10% are only buyable through waves, means A LOT of big investors will have to buy waves. this will lead to a lot of new people looking into waves and eventually finding all its benefits.
3% are AIRDROPPED to Waves holders! this is insane!
Keeping up with a hundred crypto project at a time and having a life too makes the problem of accessing new information avoiding garbage critical. Thanks to your kind answer I've read the right article on the subject which has convinced me to add more waves to my portfolio. Vostok indeed sounds very promising.
However I didn't find any info on WHEN the snapshot for the airdrop to waves holders should happen...