Update: We're now listed on Smith+Crown!
hello dev team let me appreciate your effort on this project, but am a little worried about too many of this coin available for example:- Base rate: 1 ETH = 300,000 SPRS, with so much of this coin will this have room to grow?
This is very interesting the notion where you will grow with Sia. I'm exciting by that
But if you don't do the storage. What is exactly the reason of such big amount of money you need to rise?
The IA exists since long time and i don't think that the money serves to build one.
There is a theoretical hard cap, but it is very high and it’s not something we plan to achieve. In practicality, such a system was set in place due to the following reasons:
- We have a LaunchPad program to attract developers to our platform. This is extremely important for the health of Spheris ecosystem and adoption rates by users. This is also a mechanism that contributes to the value of SPRS. The more we raise, the more goes to LaunchPad. More resources means more developers much faster.
- We want everyone who wishes to participate to have a chance. We want to avoid situations where a crowdsale ends after a few hours or a few days, while many people who were interested in contributing missed their chance.
It's important to remember that any unsold SPRS tokens will be proportionally distributed among contributors
- Spheris Team
