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This is a scandalous way to treat early supporters of Cashaa.
No forewarning email comms to their investors that they were planning to alter the way they distribute the unsold tokens. The team clearly did not consider (or, more likely, care) that many of their early adopters will have moved their tokens to an exchange in order to increase their value and, ergo, their support for Cashaa longer-term. All they have done is **** all over many of those who put their money into this from the start, whilst also provoking a massive pump and dump scheme.
What do the team expect to happen after 5 June? The trading volume on HitBTC was 1 BTC, it's now 25x that. When it crashes, do they expect many of these early supporters who have been burned to return to the fold?
Also worth noting the depressed price of CAS in the run up to the announcement...
No forewarning email comms to their investors that they were planning to alter the way they distribute the unsold tokens. The team clearly did not consider (or, more likely, care) that many of their early adopters will have moved their tokens to an exchange in order to increase their value and, ergo, their support for Cashaa longer-term. All they have done is **** all over many of those who put their money into this from the start, whilst also provoking a massive pump and dump scheme.
What do the team expect to happen after 5 June? The trading volume on HitBTC was 1 BTC, it's now 25x that. When it crashes, do they expect many of these early supporters who have been burned to return to the fold?
Also worth noting the depressed price of CAS in the run up to the announcement...
Dude, i agree that it was communicated that Unsold bonus distribution will be distributed among ICO investors. But if you look at our ICO participation contract, it only had the bonus information of thanksgiving and KYC. Nothing was mentioned about unsold bonus. Infact, instead of burning the unsold, the team is distributing it among the investors. This is really very good thing for the community. and i believe with the update of Proof-of-stake concept for bonus distribution, all other non-ico holders will also benefit.
If you see and connect the dots, this is really a master stroke by cashaa team. The POS will make sure that we get more ling term investors and more volume. This will inturn appreciate the cas token price.
anyways go check the coinmarket cap, the price rise is what every body know, its mind blowing. But even better is the volume we are generating, i think being a CAS holder we should be happy as our volume is pumping and this inturn will lure more and more investors.
Bro, the logic is simple. Dont whine, transfer back your CAS from exchange to registered ERC20 account and buy as much CAS as you can before 5th june. Even im doing the same.
