Post
Topic
Board Announcements (Altcoins)
Re: ⭐[ANN] [ICO] ONAM Exchange - Globalizing Seamless Trading Under One Platform⭐
by
cryptossi
on 04/12/2018, 22:42:53 UTC
I really do not understand the rationale behind the delay of the MVP
It's almost taking forever to release, I asked in the group and it seems postponed to an unknown date

Well, that's really sad. The ICO is running till the 21st of December. It would've been good to have the MVP as early as possible so that as many potential investors can try it out and so get convinced about the exchange and their investment.
Exactly!  Onam really had some superb chances of getting alot of Investment by showing their MVP as a progress so far!
Investors really likes to see some development before investment!   

Yea, the date of closure is almost close and having something that will boost them in this critical period will be nice, by critical, i mean the situation of the market, as well as the end of the duration that's around the corner, the MVP is like their best bet to get some good amount of investors before closure, the expectations has been quite high and it should be sustained

I personally think they should abandon their ICO and try to find an alternative way to raise funds for their development. I would suggest the ONAM team looks into starting their own STO or trying to secure private investments.

Nah, I don't think they should abandon the idea of an ICO now. They already in the middle of it and it seems like they raised a good amount. So it wouldn't make sense to stopp now.

It could be the change they need to be a success. I know it is a drastic decision to make, but a change in tact and approach could see ONAM welcome more investments. It's just I look at their website and check the counter and personally think they should have raised a lot more. The markets have changed and teams need to adapt to these changes and keep up with new models and frameworks.