Post
Topic
Board Altcoin Discussion
Re: New projects are responsible for the death of their tokens
by
Pinkris128
on 20/10/2019, 21:54:52 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

It could be a "project killer" but it can also help the project to be advertised as long as the promo is linited to only some people with a specific time. New projects want to be popular in the market and the fastest way to do that is to offer the potential investors promo if they will be the ones who will invest first in the project. It's kind of a loyalty award or veteran award or something and who knows if the project succeed and become a strong competitor someday, you can share the credit of being one of the few who pioneered it.