“We didn’t want to raise as much as possible.”
Amidst a wave of uncapped initial coin offerings (ICOs) that has found relatively untested projects out-raising even the most well-known industry startups, some investors are seeking to temper the speculation. That’s the case for entrepreneur Vinny Lingham, whose latest venture Civic turned down the opportunity to collect millions more in sales.
Revealed exclusively to CoinDesk, the startup has already sold $33m in Civic tokens (CVC) – eight days before the official offering was to take place.
In interview, Lingham, the company’s founder and CEO, explained that as a result, investors in the pre-sale will now effectively return one-third of these tokens so that investors who couldn’t participate in any preliminary offerings are able to get a fair shot at purchasing.
Read more here: http://www.coindesk.com/civics-ico-pre-sale-sells-out-but-crowd-to-get-second-chance/
Man I gave up looking at ico deals to many for me I will have to just stick to the top 20 for now.What are your favorites?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This week I only will invest in Status ICO! https://status.im/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I've never invested in an ICO but am really interested and have registered with Civic to maybe participate. But I can't get any info on what the process actually is. When it opens , are there bells and whistles on my email or do I have to go find the token somewhere ? Can I use ETH to buy or just BTC...Can someone help me to find where can I get this sort of info ?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit