Re: [ANN][Checkcoin] Geolocation Reward System & More! [ICO started, POD 5+]

Dev team. Where does this go if you don't raise the amount of funds you desire?

What is your back up plan?

Our back up plan is our original plan. Checkcoin is a project created by Bitsend a healthy company with a clear goal: "brining cryptocurrency to the people". Checkcoin will do exactly that, we love to work on it, it's who we are. Our ICO is used to speed up development, testing and PR. In any case, we will continue to work on the project using company funds.

Nice to hear. And if any coins are unsold what happens to them?

Any coins left will be deleted by C-CEX admins.

Our IPO will last untill the premine is sold.

How come there will be any coin left?

There won't be. Our ICO has a set date on which it will end. Remaining coins will be publicly destroyed by C-CEX admins. In any case, there won't be any coins "left". After phase 1 is complete, the only way to obtain CKC is trough public exchanges, visiting checkpoints or mining.