Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Tibnioc Token
by
Tibnioc123
on 14/05/2019, 09:46:25 UTC
I'm... actually not talking about the price, or the token offering mechanism. I wondered about what'll happen if softcap didn't reached. Basically, softcap is an indicator of the minimum funds has to be raised for team to run the project, correct? So if it's not reached, why bother distributing free tokens to top holders?

As long as we consider our offer quite attractive and unique for the market, we strongly believe the softcap minimum will be broken through. Anyway, the tokens were issued and had to be distributed since development of the project and listing is not for free, and this is the Contest rules, which can't be amended.
Shall the market fail to accept our current offer we will create more thrilling option. Let's consider it as plan B which should exclude pure dumping but longer term development.
Hope you are satisfied with the feedback provided.


To be blunt, every project think they're quite attractive and unique, and strongly believe they'll reqch softcap. Yet, there are lots failed. And to be fair, in case market failed to accept your current offer (or in other words, failed to reach softcap), then the ethical steps would be to conclude offering, declqre failure, and return the funds to the respective investors. But as we're trying to entertain the idea here, what's the plan B?

Well, we can't but agree with your way of thinking. We consider it as a pessimistic approach. In case of this pessimistic approach is in place we will disclose plan B. Not much time left to wait.

However, our realistic approach include softcap breakthrough. Our internal overview shows we follow at least realistic approach now and there is high probability for optimistic one implementation, as well.