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Title: Are they still ICO doing the traditional way? Total Fund/ Contribution = Tokens? Post by: puremage111 on October 20, 2017, 08:01:32 AM Perhaps some of you might not understand what i am saying
I will make it clearer here Current ICO Nowadays, ICO are usually doing in such manner Soft Cap: $5M Hard Cap : $10M Tokens : 10,000,000 Token price: 1 Token = $1 Unsold Token will be burned So if you contribute $10, you get 10 token. Regardless of how much others invest. Old ICO In the olden days, ICO are done in this manner Soft Cap: $5M Hard Cap : $10M Tokens : 10,000,000 Token price : -- So how do we decide how much is the token price in this case? Total Contribution / Total Tokens in ICO = price per tokens So if you invest $10, total contribution is $1,000 You would get 10,000,000 * 1%($10/1,000) = 100,000 Tokens. Is there any similar ICO still? I missed the old time :) Title: Re: Are they still ICO doing the traditional way? Total Fund/ Contribution = Tokens? Post by: hosseinimr93 on October 20, 2017, 08:07:47 AM As long as unsold tokens are burned there is no difference. But the problem is that some don't burn unsold tokens. And seems that all are using the first method you mentioned.
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