So this new ico is in its precrowd sale and is already more than 40% sold (based on its hard market cap). Hasn't even been more than a few hours.
What is /biz/ opinion about its use case? It basically takes advantage of price differences in multiple exchanges and makes profit off that. All profits are distributed to token holders semi annually.
I myself have done that manually and made small gains do I know it works. What are the chances that this will be successful?
I bought into this and dcorp because of low hard caps and non pajeet devs.
Another Jewish coin... That's my opinion. Guess Israel is going all into cryptoscams too now.
>>2678569
But I felt $10 Million hard cap was a bit low. Tokens worth 0.2 USD per xrl token so it will be grossly undervalued when it comes out. Price should skyrocket.
Only issue is to hold or sell. I can see this going the way of dash.
These guys don't even have a slack. I registered for the priority pass and still didn't get an email.
>>2678598
I think I'm going to hold and at least wait until the payouts happen. Not because I think I'll get much but that it should hype it up quite a bit.
>>2678696
I already got the email and made my deposit. Contact then through twitter or Facebook. They seem pretty active there
>>2678727
Done some calculations and assuming this company can make the same revenue as a small to medium sized crypto exchange then $0.1 per token semi annual payout is a very conservative estimate.
Man...that means: " I've laughed loud" (almost LOL) in portuguese, its scam, obvious.