"CashScripter tokens are called XCS. Total supply is 70,000,000 XCS. These tokens are going to be distributed the following way:
30,000,000 XCS are going to be sold during the project’s initial presale (ICO);
15,000,000 XCS are reserved for promotional needs;
25,000,000 XCS are distributed among the developers.
All XCS unsold during the ICO will be destroyed on June 1."are you serious?
what do you think about this allocation?
- only 43% of the tokens sold during ICO
- about 21% reserved for promotion
- about 36% reserved for the devs?
generally I think this is a no go.
on the other hand, if the ICO is sold out til March 20 it's capped at 150 BTC only.
So the devs will rely on bringing value to the token to make some money.
any thougts?