Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ⚡ IceChain - Scalable blockchain ⚡ Shards ⚡ Double Chain ⚡
by
wpc143
on 19/11/2018, 20:15:53 UTC
They said that they have big investors backing this project and ready to buy all tokens and that's why there is only 20% of total supply for public sale. So I think there are a big investors behind the sense who brought a big percentage for some privileges and good discount.
I'm not sure but 20% for public sale is a normal amount for an ICO while there is a big percentage in the private sales, it served for a bigger investors which hold the coins or tokens for so many years.
And where you took information that this project collected private investments? If it is valid the truth, then 20% of the basic collecting are excellent result.
That's what the developers said on the telegram channel, that they have collected more than 10K eth in private sales. and hopefully the results of this ICO will be in line with the target, seeing that the market conditions are very stagnant and even tend to downtrend. Hopefully Icechain can bring satisfying results.
I agree. It was written in the telegram chat before that they have raised a big amounts of eth from the investors in their private sales. And also I learned from there that they will give information about the funds that they have collected in the current ICO.