It seems straight forward, but you guys are probably more experienced in this stuff than I am so I figured that I would ask in case I missed something.
Silver Coin has an IEO on a couple of different exchanges. It is a stable coin fixed at $1, and I believe that the price on the launch date is going to be $1, and launches on February 24th?? Until tomorrow they are selling for 0.0015 Eth.
I wanted to make sure that I'm not overlooking any small details, but is it guaranteed to launch at $1? I'm not too familiar with how IEOs actually work. Should I expect a longer wait time or anything like that? I know that they are partnered with Trust Wallet and a couple of other exchanges. Here is a link to their FB post. Any advice that you can give would be great. Thank you guys.
https://www.facebook.com/silvercoinpage/posts/130858261752734They can oly make it if they are willing to risk money to buy it back and set a large buy order on 1$ price. I they cant do that hell its just a promise to investors to think that investing in them will surely earn them money. i seen many project use the same method before. Thats not stable coin and they cant make stable by the way since we are in the open market and its listed in many different exchange.