Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Quadrant Protocol - A blueprint for mapping decentralized data
by
Conrad010
on 06/11/2018, 02:06:36 UTC
Are you going to burn unsold tokens? You raised 80% from hardcap amount. And since beginning you had 1 billion tokens, so you must burn 200 mln tokens...

Hello Magisterr, unsold tokens will not be burned. They will be locked and sold at a later date no earlier than 2 years.

The actually dynamics of this sale are not yet known Smiley

So you will have another one crowdsale? Why? In 2 years you will have working product and cap and price of Quadrants tokens will be increase in compared with ICO price...
Do you have exact date when tokens will hit to exchanges?

In ICOs, usually unsold tokens are burned. If they are not burned, it won't have a good effect on price. Hope they make a good decision. If unsold tokens are not burned, the allocation of tokens is changed. Because, the team will have more tokens than what was announced before the ICO.

Hi, thanks for your input here. The unsold tokens are not part or going to be part of this team's tokens, the proceed from it will be used to further enhance/drive Quadrant's technology.
How appropriate and fair is this for investors? will there be a token price dump?
It is positive as it will help to drive Quadrant's progress. However, I'm afraid we can't speculate on market fluctuations. Thanks for your interest.