Post
Topic
Board Announcements (Altcoins)
Re: Spreading the joy of winning, one jackpot prize at a time! What is MITOSHI
by
gee777
on 20/07/2019, 10:14:35 UTC
Till what type Mitoshi tokens sale will be running? Team considering extending IEO dates due to current market situation?  Or they will close it as planned at start?

I believe there would be an update if the team intends making any changes to the duration of the token sale. The situation of the market, in my opinion is going to transient as I personally see it as a normal correction which is necessary for a higher flight.

I agree with you, issues like extension of tokens sales are very important and would happen without the support of the community. I believe there would be deliberation by the team and advisors before the extension would be updated to the community.

There is no use of extending IEO dates,  if people like the project then within few hours also ICO can get full subscribed.  If people don't like project then even after a year also they will not get investment.

You've gotten a good point, the truth is that projects that have a good level of promotion has the potential to be sold out in few minutes. Another criteria will be launching the IEO on a global exchange which have the support of a huge number of persons. This could give the project the impetus to sell out quickly. Extension is not always the best way out.

I personally wouldn't support the extension of tokensales, because that's not a guarantee that the tokens would be sold out, rather I'll prefer the team increase their level of promotion and make use of incentives to lure potential investors into the project.


If they plan to extend the token sale then it is for a good reason but if they have raised enough that they can run the project on then there's no need for extension.