Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][ICO] BoatPilot - integrated marine Navigation Service with AR capabilites
by
Spooknow
on 21/11/2018, 13:04:11 UTC
Quote from: ylius on November 19, 2018, 06:22:02 PM
Quote from: primer61 on November 19, 2018, 05:22:45 PM
Quote from: SinarG on November 19, 2018, 12:19:16 PM
Guys, I haven`t found the answer anywhere. What do you think, what will happen to the rest of the token if only the soft cap is reached?

They`ll be burned, yes. It already happened, as TGE is over. They raised 5 025 224 USD, while the hard cap was 9 850 000 USD

They also plan to buy tokens from the exchanges to support project`s ecosystem and burn about 25% of these tokens. Great solution to maintain token activity and increase demand at the same time.

This is of course all positive for those who buy or buy a token.
But the main question is where they will have money for it? I only see one scenario guys and it’s dropping the price to such a bottom that the team can do it without any problems.