Re: Cocos-BCX Private Event at NASDAQ Marketsite during Consensus Week

What does the price of a Cocos token depend on?

Now bounty members receive rewards, but the price of the token is still not known.

The price of the token when IEO starts will depend on the Cocos-BCX command. Project representatives determine the price of the token.

After the investment round, the price is formed by the market.

This is quite an interesting point, because the Cocos-BCX team has already distributed a large number of tokens and pricing is an important stage for the project.

But the most interesting thing is that the Cocos-BCX team is not in a hurry to conduct IEO and at least announce it.

Perhaps the main problem in the conduct of IEO is the legal component. I think the project will quickly sell all the tokens, but the team is thinking about the future of the company.