Post
Topic
Board Tokens (Altcoins)
Re: [ANN][CROWD SALE is LIVE] 🚀 W12.io - Blockchain Protocol 🚀
by
Mysbanickma
on 05/05/2019, 09:53:27 UTC
Yes all bouty participants have received w12 a few months ago, only the token is still locked until w12 enters the exchange.

Not only exchanges, but until w12 finish doing the IEO.
This token re-doing sale, the IEO this month. The reason is clear why it can't be traded, because of the IEO.
there is a good and negative impact, if they unlock their W12 tokens, surely a dump will occur, then the IEO will be useless because investors and bounty hunters will sell W12 cheaply, but I'm sure if their strategy is carried out with plans, the price of W12 will tend to rise

Yes this in my opinion is good too, it's okay token is also key for bounty hunters as long as prices are stable when entering the market.
I think the W12 team's strategy is wrong, because if all tokens are unlocked together then the price will be a severe dump, different if now the token has been opened, it's very good
I think the W12 team's strategy is correct, if they unlock the bounty token, the token holder can sell it at FD and that will have a negative impact on the IEO. and I don't really understand the meaning of "unlocked together" that you say, because if the one unlocked together is a token bounty and the investors, that's normal.

Even what I know is the Bounty token is still in the key and the IEO has already reached the hardcap on the Hanbitco exchange, a good start and the team has worked successfully.
if only the token bounty is unlocked, surely W12 will experience a dump, and after the IEO is finished the price will return to normal,
if all is unlocked at the end of May the price may be a dump more.