Bitcoin absolutist trying to get my dick wet on ICOs.
Does this thing look promising?
https://rivetzintl.com/
Also, what's the typical dynamic of an ICO?
Do they all crash when they initially hit the market?
mmmmh?
>>3197595
As far as I know, they aren't supporting their coin going on exchanges. Take this as you will
>Cybersecurity, Blockchain backed 2FA, security checks, and more
>Targeted towards corporate
>Tokens will be used in the technology itself
>Great youtube channel
>Experienced team
>Working prototype!
>little to no competition, first mover
It's a no brainer
>>3198395
Never heard of anything like that
>>3198395
neither did BAT
"The total token supply fixed at
200 Million (200,000,000) RvT, of which:
70M to be available in tokensale.
60M promotional tokens used for approved marketing and incentive purposes.
30M available now,
30M locked by smart contract for up to 1 year.
70M to be reserved for future use.
10M available now,
20M locked by smart contract for 12 months,
20M locked by smart contract for 24 months,
20M locked by smart contract for 36 months."
So they are only selling 35% of the total supply and only 64% of the circulating supply in the ICO.
110,000,000 coins at current ICO price of 1.12 would put it at a 112 million marketcap which would be #55 overall. Is this really worthy of being that high on the list?
Also why do they need 60M coins for "approved marketing" and "incentive purposes". I guess incentive purposes is for bounty programs?