Many fundraising options have been developed, taking into account the concept and vision of the team. Each of them, of course, takes into account market conditions. Therefore, Elrond set a tight bar for the first phase of $ 15 million. This falls to 50% of tokens - according to analytical estimates, they should be enough to fuel the development of the project for at least 6 years. Because the market is now unstable, the guys had to narrow their capitalization to $ 4-5 million for 40% of the coins. This is a plus strategy for developers, will support development for at least 3 years. Thus, the team demonstrated that they are not idiots and understand the market, are aware of ICO support. In addition, at first the guys worked exclusively at their own expense and all that they had was ambition and faith.
Let's take a sober look at the product that Elrond Network creates- This is a breath of fresh air that can change and improve the entire blockchain industry. Our dreams, where technologies of this kind are available to everyone, can be a reality thanks to enthusiasts from Elrond. The guys have an excellent team with huge experience in the field of cryptocurrencies and the industry as a whole. They have reliable partners and investors. There is ALREADY a finished product that instills faith and hope. However, it should be understood that the competition has not disappeared and will only increase. This suggests that the Elrond project needs to accelerate and, without losing momentum, rather take a key position in this field. You and I can become a witness to a historical project, because Elrond can probably become the most progressive blockchain project in the world, and it may turn out to be another dummy.
More information on the project Elrond Network please visit their website listed below:
WEBSITE: https://elrond.com/
WHITEPAPER: https://www.elrond.network/files/Elrond_Whitepaper_EN.pdf
ANN: https://t.me/ElrondNetworkAnn
TELEGRAM: https://t.me/ElrondNetwork
TWITTER: https://twitter.com/ElrondNetwork
FACEBOOK: https://facebook.com/ElrondNetwork
MEDIUM: https://medium.com/elrondnetwork
Author
• Bitcointalk username: David12jay
• Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2168034
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• My Wallet: bnb1mvpaua2e3k5anusjamz2s2y300hwp8aepxylr3
