Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LYRA Block Lattice
by
wedosgibas
on 14/11/2020, 05:03:21 UTC

"Better" exchanges are pricey. Lyra does not do any token pre-sale, ICO, or IEO.
We will get listed on "better" exchanges once we get enough funds from trading on lower rank exchanges.

So will it be like IEO? As i understand you want sell tokens on low exchanges? Is price will be fixed? How many initial tokens are you going to sell and issue at first time?

It has been explained that Lyra will not have an IEO,
maybe what he means is that if they list on one of the exchanges, the team will sell Lyra tokens at the best price,
then the funds are to list Lyra to several new exchangers again,
just imagine, this project is without ICO or IEO of course they only have limited funds.

I am not sure this, especially LYRA is already registered on FinexBox, if team does that without strong support such as partners, news, or service usage/ adoption, it will kill token price meaning the holders, see buyer statistics on FinexBox. And if it's listed on Probit, it's just a down-average market, and it also relies on Lyra development