For today the cource of an etherium makes about $860 it means that one OAK token is hardly more dearly than $1. Now it is still profitable to invest even at this stage. Because the declared price of the OAK token is $ 1.4
And don't forget Acorn still doesn't announced main sale bonuses. May be it will be tasty.
If price will be ~$0,9 (1ETH -> 800 OAK) it's like a discount already Pre sale was for ~$0,7 and it suppose to be 50% discount in comparison to main ICO for taking risk (no refund, still no softcap hit etc.).
So i wouldn't expect too much discount, we'll see.
Quote from: WhitePaper
Exchange Rate 1 OAK = USD 0.70 (Pre-Sale price) 1 OAK = USD 1.40 (Main ICO price) Final OAK vs ETH exchange rate will be fixed on ICO begin, to protect intended USD raise target.
Pre-Sale 7,000,000 OAK (50% discount)
I think he did not expect to give such a big discount at the main stage of sales, the ethereum tokens because fell in price.
Yes, but given that such a large number of tokens were sold at the presale stage with a large discount, I think it will be hard to keep the price of the token on the exchange $1.4
Well, keeping the price on a certain level isn't the goal of ICO, right ? But i see your point, 50% is a huge gap. Pre-sale % of total supply can really change a perspective, if it's 10% of total supply -> not a big deal, if 40%... well, a lot.
I'm sharing your concerns about ETH price fluctuation, in the worst case scenario it can kill main sale. I'm really curious about this main sale structure.
For today the cource of an etherium makes about $860 it means that one OAK token is hardly more dearly than $1. Now it is still profitable to invest even at this stage. Because the declared price of the OAK token is $ 1.4
And don't forget Acorn still doesn't announced main sale bonuses. May be it will be tasty.
If price will be ~$0,9 (1ETH -> 800 OAK) it's like a discount already Pre sale was for ~$0,7 and it suppose to be 50% discount in comparison to main ICO for taking risk (no refund, still no softcap hit etc.).
So i wouldn't expect too much discount, we'll see.
Quote from: WhitePaper
Exchange Rate 1 OAK = USD 0.70 (Pre-Sale price) 1 OAK = USD 1.40 (Main ICO price) Final OAK vs ETH exchange rate will be fixed on ICO begin, to protect intended USD raise target.