How much money they have already raised?
I see XYO ads everywhere!
Just over 12 Million USD
Token Sale ended
21 MAY
$40,656,481
OF
$48,000,000 (85%)
https://icodrops.com/xyo-network/I don't know where icodrops got their data from, I am an investor in the project and I followed the token sales to the end, they only raised $12m, the information found on icodrops is not true and it is deceiving, you can go to xyo site and get their contract address and do the maths for your self.
yes, just started looooongread on XYO site:
OPTION 2: DO NOTHING
The second option was to do nothing and simply let the sale end/conclude.
If we did this, the end-result of the XYO Token Distribution pool would end up like this:
Yet this would be problematic, because the pre-allocated tokens (to the XYO Team, XY Company, Advisors and partners would be significantly larger than we had projected if we reached the $48M target. If the sale stopped after the XYO Token Sale, we would end up having the majority, wherein the public would only have 22%. This did not seem like a fair shake for the XYO Community. Additionally, for this project to continue and for us to actually displace GPS and achieve our goal, we are unable to do so on the funds raised thus far; or at least, it would take much, much longer than we think would be even desirable.
Can't post image from site, but really, they reserved 19%(wtf?
) tokens for XYO team, 10% for XY Company and 10% for advisors.
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