Post
Topic
Board Announcements (Altcoins)
Re: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ SOLD OUT!
by
fortheson
on 22/08/2014, 09:45:03 UTC
ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - except if the success criteria isn't met.

What are the success criteria?

https://bittrex.zendesk.com/hc/en-us/articles/202653984-Hosting-an-Initial-Coin-Offering  check the terms

this is the first term: Submit to either coinssource.com or cryptoasian.com for verification

After the ICO period ends:

1. Bittrex will verify that the terms of the ICO are met; if it is met, it will start the escrow payment process
2. If the terms are not met, Bittrex will refund all purchasers of the coin

Actually the "Submit to either coinssource.com or cryptoasian.com for verification" is before starting the ICO, but I believe the dev didn't do it, did anyone ask Bittrex for the verification?
Let's ask them. And if the conditions are not met we can just get the refund. If they are met, everyone can decide for themselves what to do next. For now, it would be best to hold the sells and get Bittrex info.

conditions are met since bittrex allowed trading, they wouldn't allow it otherwise
how do you think refund will happen when many ICO investors already sold their CLSTR and withdrawn their BTC?

For example buy wall at 10.000 sat.    350 BTC Value.
If there is somebody who sold and a withdrawn BTC....well this person is obviously not a part of ICO investors anymore...Hold your coins, it could be a good idea  Grin  
yes ,this is  a good way to refund!