Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][IRX] IRONX - Best in Crypto, Best in Trading, World-Class Exchange
by
AmoreJaz
on 10/12/2018, 07:26:41 UTC
Quote from: MaZeeCM on December 10, 2018, 07:03:12 AM
Quote from: frcat on December 09, 2018, 09:02:08 PM
Quote from: MaZeeCM on December 08, 2018, 04:04:05 AM
Quote from: frcat on December 07, 2018, 08:22:29 PM
Quote from: mymarketinghub on December 07, 2018, 08:30:35 AM
Update on the public sale @ 24,392,684.

They raised very good amount in this bear market. But their hardcap is 50 mln usd and ICO ends on December 15th. Unsold tokens will be burned or not?

Just to confirm and reiterate, unsold tokens during IronX's ICO TGE sale will be added back to the liquidity pool. Smiley

Cheers! Cool

What this means "liquidity pool" ? I dont think that this is honest in relation to investors. 24 mln is a very big amount nowdays. And  50 mln is crazy amount. And for sale only% of tokens. And you want to hold % of this% more. So you will have 24 mln uas and 60% + (40/2=20%) = 80% of all tokens... this is crazy

Let me share to you an article from IronX, in order to best explain how it would all work out later for everyone concerned. Wink

Here's the link: https://ironx.io/how-liquidity-affects-crypto-traders/

Cheers! Cool

but still, the advantage of having added that back to liquidity pool is in the hands of the developers. we'll never know what happens next. but the platform itself seems very promising. maybe the reason why they raise that huge amount even with this kind of market we are in right now.