Re: [ANN] CosmosCR [$CYBR] Virtual reality metaverse powered by the blockchain!
Burned, but lets hope this doesnt happen
We want everyone to get the same value so we dont have any Pre Investors/ico just one simple ICO. We made a huge cost already with having lawyers and we
are taking a risk with this, but we believe this will be great longterm and the most fair option.
It's a good thing to burn the unsold tokens if there will be any to ensure the transparency. I hope this situation doesn't arrive.
Thats why we will burn them, just we hope we will hit the max. cap although the times are not ideal for launching an ICO.
Even with the low ETH value, your hardcap is still quite high for the current crypto situation so i think you will unfortunately need to burn some tokens, which wont be the worst thing. If luck will be on our side in 2019, now ETH could have the lowest value.
Yea the minimum cap is at least needed to make the product great, everything after will going fully in the ecosystem and adoption rate. Eventually i think investors get a good deal on both situations.
Reach minimum cap they own more %
Reach max. cap the ecosystem will get more promotion and probably a faster adoption.
But both ways we are going to make a awesome product that can grow for years.