Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ARCH] Architectcoin ICO on*Bittrex*Wallet just Released! Chat/Exchange!
by
The Architects
on 20/07/2014, 18:47:20 UTC

Obviously it's been a disappointing performance thus far. Every effort will be made to successfully complete the ICO. However, options on how to proceed need to be discussed now, and not at the last moment. The team would love to hear your input on this. Please, make your voice heard. Thank you.



I already stated my ideas, but will repeat some of them:

If going with an exchange-run ICO, and especially at this price, go with Polo and their ICD rules. Ideally go with a lower price.

If planning to go with Bittrex, offer up a buy wall at the end of the ICO + don't be quite so greedy. 10-50BTC, not 100+. Price the coins cheap. And even then, I'm not sure if people will be so eager, due to being burned so many times already.



Dev, if u lower the price what about those who already invested? If u start with a new price then maybe it s better to refund the investors and restart again all together. What about it?

If we don't reach 80% of ico then refunds will happen, and then will turn into a giveaway and let the ,markets decide price. The 2 community managers will handle this distribution. Since giveaways are not allowed on this forum they will have to come up with a creative way. No ICO means no floor will be set though so we cannot guess where things will go from here. Also Talkcoin did quite well having only a built in chat function and many more coins total. Those saying price is too high are absolutely wrong, as 5 mil total could easily achieve 8-10k satoshi had we not had such poor timing and delivered our roadmap sooner this may have ended up a different scenario and long term. There is absolutely no risk to buying right now as the possibility of meeting goals we are quite sure will not happen. Have a good sunday everyone.


edit: you cannot be refunded if you sell, keep this in mind as this is the last day of the ico so patience will be your best friend.