RE: My ICO Chrysos

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My ICO Chrysos

in cryptocurrency •  7 years ago 

Ya I get you but this works in a different way. At launch the coin will be @14$ x 100 = 1400 $. I will be lending 1000$ x 1.5%per day x 30 days= 450$/month x4month= 1800$. Now this is the fun part about chrysos at capital release on like other lending platform will release your 1000$ u lend but chrysos will release your coin back to you at the market price on d day of release ie to say your 71. 4 coin is released to u irrespective of market prices and not the 1000$ I loan. I don't know if you get me

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Unless no one buys at $14. Then it'll come down whatever market rate is...

I absolutely wish you the best though!