[ANN][DEFI & CEFI] Psyche.Cash | The Future of DeFi | Private sale

[kojektea]

sales will be fulfilled just a little more then all will be sold out, if this sale is completed what are our next stages? and this is a very joyous moment when I browse the website only 1 step away to complete the sale,
I am waiting for the latest announcement here

[PsycheUSD]

Thank you very much for your support. That is true there are a lot of DeFi projects are launching recently. The sustainability has been a question now, this is where we have been more focus on to create demand and develop the project further.

The sale is almost completed, just a few coins are left. However, the sale will end in the next 24 hours even if the remaining stock left. We will update you with the further development of the project very soon.

[tperkara]

any news when distributions  for bounty?

[PsycheUSD]

We have made several announcement for the bounty in the TG channel, please make sure you are in the TG channel. http://t.me/psycheusd

any news when distributions  for bounty?

[tperkara]

We have made several announcement for the bounty in the TG channel, please make sure you are in the TG channel. http://t.me/psycheusd

any news when distributions  for bounty?

thank you

[PsycheUSD]

Thank you very much for your support. The private sale has been ended.
Token sold: 99,336
Fundraised: 29,853 USD

Private sale is closed now if you haven't received your token please contact cs@psyche.cash

Bounty distribution will start very soon, stay tuned.

[kramat]

Thank you very much for your support. The private sale has been ended.
Token sold: 99,336
Fundraised: 29,853 USD

Private sale is closed now if you haven't received your token please contact cs@psyche.cash

Bounty distribution will start very soon, stay tuned.

Well, now that the private sale is over, what will the team do next? are planning to do IEO? if so, when will it be done? which exchange will be chosen to do IEO?

[pealr12]

Congratulations on a successful private sale, I hope you won't stay long before conducting your your ieo or ico so Psyche can be listed on exchange as soon as possible, stable coin is a major part of crypto market because investors needs to store their funds with stable coin when the market is tough.

[Fujiati]

Thank you very much for your support. The private sale has been ended.
Token sold: 99,336
Fundraised: 29,853 USD

Private sale is closed now if you haven't received your token please contact cs@psyche.cash

Bounty distribution will start very soon, stay tuned.

Well, now that the private sale is over, what will the team do next? are planning to do IEO? if so, when will it be done? which exchange will be chosen to do IEO?

Since they say in the telegram group that they aim for LAtoken and Emirex, I think they will hold IEO on one of them. They don't want to spend all the funds raised in the private sale just for listing in a good place, I think that's a smart choice, some part of the funds should be used for development.

[Btc_1856]

Thank you very much for your support. The private sale has been ended.
Token sold: 99,336
Fundraised: 29,853 USD

Private sale is closed now if you haven't received your token please contact cs@psyche.cash

Bounty distribution will start very soon, stay tuned.

Congrats on behalf of your success in private sales, whether you will run bounty furthermore or you will end now? Do you have any plans of listing the coin in IEO in any of the exchanges, if so, what are the different exchanges you are choosing to conduct the IEO?

[kramat]

Since they say in the telegram group that they aim for LAtoken and Emirex, I think they will hold IEO on one of them. They don't want to spend all the funds raised in the private sale just for listing in a good place, I think that's a smart choice, some part of the funds should be used for development.

yes indeed most of the funds must be used for development and that is the real purpose of the token sale but don't do IEO on both exchanges either, because there are still many better exchanges. If you do IEO on one of these exchanges, of course their IEO will not be successful

[koang]

Since they say in the telegram group that they aim for LAtoken and Emirex, I think they will hold IEO on one of them. They don't want to spend all the funds raised in the private sale just for listing in a good place, I think that's a smart choice, some part of the funds should be used for development.

yes indeed most of the funds must be used for development and that is the real purpose of the token sale but don't do IEO on both exchanges either, because there are still many better exchanges. If you do IEO on one of these exchanges, of course their IEO will not be successful

Yep. You are right, that's a bad choice
I hope the Psyche team won't do it.
Latoken and Emirex have a bad reputation, there is so much bad news that we can find in this forum about them.
Even at ANN Emirex is filled with spammers, Besides that, the fees are also very unreasonable.

[sukoyomi]

Since they say in the telegram group that they aim for LAtoken and Emirex, I think they will hold IEO on one of them. They don't want to spend all the funds raised in the private sale just for listing in a good place, I think that's a smart choice, some part of the funds should be used for development.

yes indeed most of the funds must be used for development and that is the real purpose of the token sale but don't do IEO on both exchanges either, because there are still many better exchanges. If you do IEO on one of these exchanges, of course their IEO will not be successful

Yep. You are right, that's a bad choice
I hope the Psyche team won't do it.
Latoken and Emirex have a bad reputation, there is so much bad news that we can find in this forum about them.
Even at ANN Emirex is filled with spammers, Besides that, the fees are also very unreasonable.

So that, let's hope the team able to considering community advice to choose exchange to do IEO. Just need to remember, they have very limited funds, so doing IEO on a large and well-known exchange, seems unlikely. I guess that's why they chose a small exchange venue.

[AmoreJaz]

Since they say in the telegram group that they aim for LAtoken and Emirex, I think they will hold IEO on one of them. They don't want to spend all the funds raised in the private sale just for listing in a good place, I think that's a smart choice, some part of the funds should be used for development.

yes indeed most of the funds must be used for development and that is the real purpose of the token sale but don't do IEO on both exchanges either, because there are still many better exchanges. If you do IEO on one of these exchanges, of course their IEO will not be successful

Yep. You are right, that's a bad choice
I hope the Psyche team won't do it.
Latoken and Emirex have a bad reputation, there is so much bad news that we can find in this forum about them.
Even at ANN Emirex is filled with spammers, Besides that, the fees are also very unreasonable.

So that, let's hope the team able to considering community advice to choose exchange to do IEO. Just need to remember, they have very limited funds, so doing IEO on a large and well-known exchange, seems unlikely. I guess that's why they chose a small exchange venue.

what im interested with this coin is if they can indeed achieve being a stable coin as seigniorage-style? can they really maintain their price once they are already in the market?
 most stable coins are backed by certain fiat money, but this one decided their algo to work on their system.
wondering what will be the bottlenecks they will encounter in the market once they actually launch their platform?

[PsycheUSD]

We hope you have a safe and relaxing holiday season and look forward to serving you in the new year.

Merry Christmas! Wishing you all the best this holiday season! 🎉🎊🎁

Regards
Psyche Team

[PsycheUSD]

That is right, the cost of a reasonable exchange is from $20K to $60K and the good ones are almost $100K. There is no doubt these platforms have the traffic but people look for the project itself. Hence, we are more focus on the use the funds in the right direction.

Since they say in the telegram group that they aim for LAtoken and Emirex, I think they will hold IEO on one of them. They don't want to spend all the funds raised in the private sale just for listing in a good place, I think that's a smart choice, some part of the funds should be used for development.

yes indeed most of the funds must be used for development and that is the real purpose of the token sale but don't do IEO on both exchanges either, because there are still many better exchanges. If you do IEO on one of these exchanges, of course their IEO will not be successful

Yep. You are right, that's a bad choice
I hope the Psyche team won't do it.
Latoken and Emirex have a bad reputation, there is so much bad news that we can find in this forum about them.
Even at ANN Emirex is filled with spammers, Besides that, the fees are also very unreasonable.

So that, let's hope the team able to considering community advice to choose exchange to do IEO. Just need to remember, they have very limited funds, so doing IEO on a large and well-known exchange, seems unlikely. I guess that's why they chose a small exchange venue.

[necromastery]

I see on tg group, for those bounty hunter that want to get his bounty token asap, they can send some eth to cover the gas fee. I think it will help those people who are very impatient to get the tokens they got from the bounty So if you feel impatient, you might can do this way.

[PsycheUSD]

That is correct and some of them already have received.

I see on tg group, for those bounty hunter that want to get his bounty token asap, they can send some eth to cover the gas fee. I think it will help those people who are very impatient to get the tokens they got from the bounty So if you feel impatient, you might can do this way.

[sukoyomi]

I think there's no point to get bounty token immediately, because this time psyche token not listed yet on any exchanges. If they still have plan to launch an IEO or ICO, then we will get extra time to wait for psyche token to be listed. Although we are end up paying for the gas fee as well, because the team arranged the gas fee for deliver the token is 12 gwei, which is very small for now, if it's already listed later, then we can replace our costs directly.

[sidik7]

I think there's no point to get bounty token immediately, because this time psyche token not listed yet on any exchanges. If they still have plan to launch an IEO or ICO, then we will get extra time to wait for psyche token to be listed. Although we are end up paying for the gas fee as well, because the team arranged the gas fee for deliver the token is 12 gwei, which is very small for now, if it's already listed later, then we can replace our costs directly.

The factor of gas fees which is now quite high is indeed the reason that it also occurs in several bounty projects that do distribution experiencing delays, we are just patient to wait for distribution if the gas is stable hopefully the team will distribute. if this project has the plan to do IEO that's good news for holders and there will also be more and more new investors who want to be interested in this project especially if doing IEO in a large market with a large number of traders.