Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: 🎮🔥HyperLoot Protocol — First eSports Monetization PaaS 🔥🎮[AIRDROP][BOUNTY]
by
tima.pticza
on 18/09/2018, 14:22:24 UTC
⭐ Merited by Badboy[BTC] (1)
Very interesting project!
When ICO?

Hi, we're not having an ICO. But if you're interested in purchasing some of our tokens you can do so by getting whitelisted and buying directly from DAO or on an exchange.
Hi! You’re saying that’s not an ico, but how is this different?

Hey, there's a number of differences. Our work is about changing the business model not throwing some vague promises around. Our products are in development, we have a real need for token in place so we don't need to sell of half the supply to keep us afloat.

To sum it up:

First. We had ZERO pre-mine. All mining started on 5th of July and will last for 5 years.  Most ICO's start with 100% pre-mine and a 30-60% sale.

Second.  We are not doing any public offering. If someone wishes to participate - they can try to get whitelisted and buy directly from the DAO.  

Third.  The selling entity is Estonian non-profit while most ICO's sell tokens directly from company account.
WTF, I really don't understand why there is no pre-mine, I think it's a working model and I think you have a strange model..
How can you guarantee that the token will keep the price?

Hey, so are you saying that your argument is literally that putting all the tokens out and selling ha;f to keep the price levelled until the vesting runs out and the market floods with tokens is a better idea thatn a token turnover where tokens enter the merketplace according to adoption so that they are always usable and demanded for actual business purpouses?