Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TOREX - In Trade We Trust
by
trakjis
on 21/10/2019, 12:52:19 UTC
what will be the price at the initial stage?
For now, cost of 1 coin is $ 1
 

what will be the price at the initial stage?
As you can see on the website - the cost of 1 coin is $ 1. Whether the price will be the same after IEO - is unknown, but it remains to be hoped that yes. After all, the project does not look bad.
Is this the price without the discount? Is private sale and presale over? and if so, what was the discounted price?
No discount is expected yet. The company has huge potential, and discounts do not always positively affect tokenomics
I also do not advocate that projects make a big discount at the stage of presale. then it can negatively affect the price of the token. From your answer, I understand that the project primarily relies on its great potential and does not intend to attract users with large discounts.
Now no one will be surprised at the discounts.  projects have been collecting almost nothing in the last year.


You yourself know that the market is very unpredictable, everything can change very quickly both for the better and vice versa.. Personally, I am opposed to discounts. Typically, in closed sales, the price is the lowest, and then it rises, in line with demand. Of course, this is an ideal development model.
I am not against discounts for example to large investors, but it should be reasonable discounts within a few percent. Investors who have bought tokens at a large discount are always tempted to sell them quickly when the opportunity presents itself.

and this, as we know, will negatively affect the price of the coin, and as a result, the development of the project as a whole