Great article. I am not that sure that NXT will go down that dramatically after the first round. It's in the interest of Jelurida to keep it high throughout the whole ICO period. Also, they will start marketing the ICO actively after the first round. My guess is that if they wanted to sell some NXT, they would be much better off waiting for the later rounds, when the prices has appreciated further. Their interests are aligned with the NXT/IGNIS holders actually.
RE: Ardor Platform Ignis ICO (Part 2 of 2)
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Ardor Platform Ignis ICO (Part 2 of 2)
Well if they want to have orderly depreciation and liquidation of NXT position then about 28% depreciation per round is what they need to do (0.72 ^ 5 is about 0.19 which is the implied price of NXT based on the last round and the snapshot price of IGNIS). I think they are likely to front-load much of their sell off because it would be easier to liquidate in the hype when volume and enthusiasm to get in the first few rounds is high.
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