This project is completely turned down. There are no promotions and judging by the communication, then probably the developers took into account that they could not collect money and forgot about the promises. Or am I wrong?
No this token sale is not designed to generate unsustainable hype. It is designed for maximum public distribution. The team continue to build and look forward to demonstrating the exchange in a few weeks.
You can also see that we are constantly updating the thread with new articles and dev updates that are being worked on.
Everything is good, but you havent marketing, like the signature company's social media and airdrop.
The project itself looks very unusual and something new. But you need a large community to develop and promote, and this requires a part of the fund going to advertising.
As this is an open project that anyone can apply to join and contribute, the goal is to scale the project in size, community and manpower further it goes.
Furthermore 10% of the public distribution proceeds goes to branding and promotion. There are also promotions that are active right now, like RUNE giveaway for the first 1000 people that signup and use the upcoming ASGARDEX exchange!
Truth to be told the THORChain team has taken all the steps necessary to make this distribution as transparent as possible and true to the original crypto spirit by Satoshi Nakamoto. The tranches are locked behind development milestones ensuring that at no point the team has more funds for its operational costs than it is necessary.
So in short, this project is committed and focused on delivering value instead of hype.
You can stay up to date by jumping on the team's socials.
