IGNIS ICO sells out instantly to one account in the first round.steemCreated with Sketch.

in cryptocurrency •  7 years ago  (edited)

NXT based ICO IGNIS launched today at 7:05 AM UTC, selling out instantly to a single account.

IGNIS-logo.png

While many users waited eagerly in the NXT slack channel hoping to get their hands on some of 5 million available coins, they were met with disbelief when the transaction history showed this:

ignis.png

...and it was over.

This happened so quickly that no one in the slack reported ever seeing any coins for sale.

What about the next round? Is this what lies ahead for the rest of the IGNIS ICO?
What does this mean for the future of the NXT/ARDOR blockhain platform?
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

beat the BAT probably :D ICO's need a time delay probably some constraints, this is a bit over the top, it seems somebody is set up on buying out and then dumping back down. It's in the history of every coin, the first spike then the trailing off for a year or so, followed by the eventual pickup again if it has some feasibility tokens and cryptos that is.

The whale who bought the first round mentioned in this article, and nearly all the second round, has claimed to be doing so in the best interest of the IGNIS platform.
Seems to me that he did much more harm than good.

Well, that was fast!

Congratulations @gurudeva! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

  ·  7 years ago Reveal Comment

Anyone else getting real tired of the fucking bots? How long until the majority of steemit's content is authored by bots?

By my calculations... about 45 minutes.

Holy shit, that's fucking terrifying.

hey it's just data mining, did you see the bot think and condense information. I have to agree with you tho. It could turn sour as quickly as it's funny now. It should be harmless. But man those movies aren't helping :D

bots are oke,but we abuse them as with anything. Automate everything, I can't answer so answer for me, I can't think so think for me :D

  ·  7 years ago (edited)

you missed the god times when I like toast and I only say meep dominated the spammy comments, then again we had less of them back in the day. They were innovative. Meep :D

Meep is actually cool. I don't think he bots though.

yeah I would guess so too,