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RE: Hdac ICO - Blockchain Backed by Hyundai - Internet of Things Niche

in #blockchain7 years ago (edited)

The pre-sale (stage 1 and 2 was for Koreans only) raised 14,000BTC with the sale of 736,000,000 tokens. They effectively paid 5 to 10 times less than ICO participants in far greater volume. There's only 104,000,000 tokens being distributed during the general crowdsale. Expect it to dump hard as fk when it hits exchanges as pre-sale participants take up to 1400% profits immediately with large amounts (pre-sale was minimum 10 BTC investment).

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good point raised...I agree

My god! Thanks for the information.
No way I will participate in their ICO now.

Which markets did they ICO on? Japan?

The bonuses are the plague of the ICOs. They attrack the speculators and cause the price dumps.