I found an information on one of the ICO listing services,
https://foundico.com/ico/bitwin-2-0.html to be exact, about
token sale phases. Could you explain why is there a 10% discount in the 3rd stage of token sale, which seems to be the final stage?
What is the point of the token base price then?
Base price of the token is the lowest price, at which Bitwin Team will be able to sell some of the tokens.
It was established above the price that people buy into our offering, because we do not want any team
members pushing the price down after hitting exchanges and discouraging our investors.
1.Does this mean that dev team members do not have a lock period for tokens?
2. What benefits will investors have from holding tokens?
3. People can play with BWT token in casino. What gonna happen with tokens they lose in casino?
4. Your crowdsale have no timeframe, but what if after year you will collect for example only $3M? Will you continue collecting money, if so.. untill when?
I'm asking, because there is risk that if you don't close crowdsale, listing on exchange will be also blocked and in this same way invested funds also will be locked. Or meybe there will be other way to exchange tokens for crypto or fiat?
Edit/ I think this last question should be split in two.. 5. Do you plan listing on exchanges, if so - when?