Bitcoin Forum
May 02, 2024, 03:28:22 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > What do majority/how should most ICOs price their sale? Peg to Fiat or ETH?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: What do majority/how should most ICOs price their sale? Peg to Fiat or ETH?  (Read 136 times)
Slowth (OP)
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
October 14, 2017, 03:30:25 PM
 #1
I know majority of ICOs are invested in via ETH.

However, I’ve seen some ICOs peg their tokens to fiat ie 1 token is $0.05 and min 0.5ETH for example. This means that if eth/usd is up they get more tokens and vice versa.

Others peg to eth so 0.5 ETH IS 1 token. So if ETH/USD ups, each token essentially becomes more “expensive”

So which is the more “accurate” way to value a token sale, and should it be a factor in which ICOs to get into?
1714620502
Hero Member
*
Offline Offline

Posts: 1714620502

View Profile Personal Message (Offline)

Ignore
1714620502
1714620502
Reply with quote  #2
1714620502
Report to moderator
1714620502
Hero Member
*
Offline Offline

Posts: 1714620502

View Profile Personal Message (Offline)

Ignore
1714620502
1714620502
Reply with quote  #2
1714620502
Report to moderator
1714620502
Hero Member
*
Offline Offline

Posts: 1714620502

View Profile Personal Message (Offline)

Ignore
1714620502
1714620502
Reply with quote  #2
1714620502
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714620502
Hero Member
*
Offline Offline

Posts: 1714620502

View Profile Personal Message (Offline)

Ignore
1714620502
1714620502
Reply with quote  #2
1714620502
Report to moderator
1714620502
Hero Member
*
Offline Offline

Posts: 1714620502

View Profile Personal Message (Offline)

Ignore
1714620502
1714620502
Reply with quote  #2
1714620502
Report to moderator
1714620502
Hero Member
*
Offline Offline

Posts: 1714620502

View Profile Personal Message (Offline)

Ignore
1714620502
1714620502
Reply with quote  #2
1714620502
Report to moderator
javadsalehi
Member
**
Offline Offline

Activity: 364
Merit: 13


View Profile
October 14, 2017, 06:32:54 PM
 #2
I don't think it is a good factor to decide whether invest in an ICO or not. As prices after ICO is determined by market it is not important.
Pages: [1]
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > What do majority/how should most ICOs price their sale? Peg to Fiat or ETH?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!