Post
Topic
Board Altcoin Discussion
Re: New projects are responsible for the death of their tokens
by
nutriagrigia
on 18/10/2019, 09:55:42 UTC
In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently,  tell me i'm wrong

They gives offer 50% of normal price because they want more peoples to invest, buying their token.
But the discount rate should not be too high, the value of their token will be difficult to increase later.
Actually, the project killer is the non-transparency, we won't know whether the devs will burn or lock the unsold token, not selling it later.
they give high discounts because at the early beginning of the project no one believes in the implementation of the project and therefore they are trying to attract money - with big discounts or bonuses. Sometimes it is succeed