Post
Topic
Board Announcements (Altcoins)
Re: 🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵
by
ibininja
on 28/11/2018, 18:22:49 UTC

guys is absolutely no sense in carrying out a public sale in such a market. there is simply no chance of raising money and, as other projects show, it is almost one hundred percent. many projects understand this and either refuse public sale or transfer it to another date.

You are right, it makes no sense having an ICO when its a sure thing that the target will never be achieved in this current market situation and just like you stated, most project have paused anything that has to do with such or implementation, so these are tough times for any fund raising thing in the crypto industry

Cova team is making a very nice move on the private placement. Thats much better than going for public sales. I would like to get some Cova tokens in my portfolio.
Yeah, me too. That's why I am also waiting to start their sale. But still couldn't found any information about the token sale.

It has been mentioned a few times here in the thread that there will be no token sale in the traditional sense. Cova will sell the tokens at an exchange. If they succeed in voting, this exchange will be Huobi

Great! I didn't know that they mentioned that they will going to sell tokens on exchange once we won the voting on Huobi and we really made it! So we will have a chance to have some good amout of COVA!

They are going to sell tokens on the exchange?! Really? I thought they are only giving COVA away as an incentive to vote for it to get listed?

This is a first I guess. I've never been in an ICO that done that; maybe this could be effective given you are will be selling at the market price. If the price increases you are basically making more money with the token.