Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ARCH] Architectcoin ICO on*Bittrex*Wallet just Released! Chat/Exchange!
by
poornamelessme
on 18/07/2014, 16:03:38 UTC
I think all unsold coins will be destroyed, so whatever is sold... is it.

Although if sales continue like it has been, it sort of creates an odd dilemma. Normally so few coins would then mean they'd be worth substantially more, but if sales don't reach some level of 'critical mass', then that means the devs can't afford to pay anyone like they plan to.

So if too low, it may just be a dead coin. Not sure what number they need to hit to make a viable go at it.


So it may just be a dead coin.


Well, my point being, at a certain level the coin could make investors money, even if the ICO does poorly. I expect it can do somewhat badly, just not incredibly badly, for the devs to pay people. I'm just not sure what number it'll need to hit -- maybe the devs can speak up about that. Or what happens if the coin is below the level where they can't pay people more than a month or so.