THELOGICALINDIAN - An ICO activity to bazaar with an aberrant abstraction business archetypal or an avant-garde technology faces a advanced ambit of cardinal choices apropos the appraisement of its tokens
ICOs based on PoS tokens which are appear all at already charge draw a accident plan afore the auction to back to the accessible what it will do if there are extra tokens afterwards the auction period. FundFantasy had to accomplish this cardinal best as well. The aggregation narrowed the options bottomward to 3:
All the aloft axis from the ICO structure. The afterward are the basal characteristics that shaped the ICO and accustomed FundFantasy to attenuated bottomward its options:
Other ICOs accept to anatomy their sales differently. Their teams ability adjudge to authority an uncapped auction or to accept several bendable caps with accelerating barter rates. All these adult mechanisms accept their advantages and disadvantages, but none are as bright to the boilerplate client as accepting a distinct adamantine cap with a anchored cardinal of tokens to sell. Therefore, FundFantasy chose the anatomy declared above. This accustomed the activity to attenuated bottomward its best to these 3 options. To accept the implications of these choices, it is all-important to attending at the 3 scenarios – keep, bake or administer – that axis from these choices.
To allegorize what these scenarios attending like, accept that there is a client called Bob. If the ICO ends on March 25th after affairs out completely, Bob’s pale in the activity will change depending on how FundFantasy handles its cardinal best about what to do with those left-over tokens. Many would anticipate that the best best FundFantasy can accomplish to favor Bob, is to bake unsold tokens, but is this true?
To cross the scenarios, it is accessible to accept that the FundFantasy ICO is a pie. Bob wants the better allotment he can get. Given that FundFantasy wants to appearance its acknowledgment appear Bob, the aggregation analyzed how to accord him the better allotment of the pie possible. Here is how that pie will be broadcast beneath anniversary scenario:
Adding some numbers to this archetype will advice to appearance how distributing unsold tokens to buyers is the best best FundFantasy can make. Assuming Bob bought 360,000 FUNDZ of the 60 actor accessible for sale. If alone 36 actor FUNDZ were awash until March 25th, again Bob would accept purchased 1% of the tokens awash during the ICO. The cardinal of unsold tokens, in this case, would be 24 actor FUNDZ
These numbers deflate the angle that buyers are bigger off if the ICO burns unsold tokens. Yet a affiance to bake unsold tokens creates a cerebral aftereffect in buyers who anticipate that accumulation will be reduced, accordingly blame the amount of the badge up. That is accurate on the accumulation side, but for that apprehension to become a reality, appeal would accept to chase in the accessory market. In abounding cases, a affiance to bake tokens does accomplish added appeal in the accessory bazaar because as the tokens become scarcer, buyers aback anticipate that they will be added valuable.
Since those simple pie calculations appearance that Bob will be bigger off if the actual unsold tokens are broadcast proportionally to buyers, FundFantasy’s cardinal best was easy. The aggregation absitively to accord its buyers more, should the ICO end after affairs out all the tokens. Nevertheless, by befitting in apperception the aftereffect that afire tokens has, it added a apparatus to accord Bob the best of both worlds.
Once bodies alpha application FUNDZ on the FundFantasy platform, the aggregation will advance to bake 0.5% of all the tokens it collects in payments. This finer adds that absence agency gradually to the badge abridgement afterwards the sale. Bob will get an more greater allocation of the pie if he chooses to authority his tokens, on top of the added tokens he will get with the airdrop. These cardinal choices appearance how abundant anticipation FundFantasy put into its ICO and how abundant it cares about its beginning community.
Media Contact
Tal Zander
https://ico.fundfantasy.com/
Images address of FundFantasy
