Post
Topic
Board Announcements (Altcoins)
Re: Sia: Siacoin (scn) and Siastock (stk)
by
Tobo
on 21/05/2014, 18:54:17 UTC
When you are ready to raise money for the real ipo which you have mentioned should be at least 10x more expensive are you going to continue
using the NXT asset exchange under the same asset? If you do so only now asking for a much higher price than the pre ipo you will have pre ipo asset
holders undercutting your price to make their profit and you will not raise as much. Can you explain what your plan for this is?

The market will decide the Siastock and Sianote price. In the next run of fundraising, if Sia shows enough progress, the price of Sianotes will increase. It would be stupid for the existing investors to sell low. For instance, during the first run of the Sia pre-IPO, the individual sales prices are always higher than the issuer's sales price. Sia's progress will be reflected on the price of Sianotes on the Nxt AE. Let's watch.