Hi,
I had already posted an article about, what is in my opinion one of good investments during this month.
I was excited about what those smart contracts can do, and how functional it will be.
Yet i forgot the most important think, the price, goal of ICO, why it's good and why it's not so good as we think.
So first i will explain how the contributing works, in another words what is the price of each "token".
Yes it's measured by token, you are buying ICO but it's not a coin. Etherparty had decided to create very simple but functional price list during the October. You have 4 weeks and each week have different price per token, where the 1st week offers to you more token, 2nd week less token etc.
Don't forget this is the ICO price and it will be completely different once the ICO ends, it will be finished 29 of October.
Rates and Bonuses:
Week 1: 3000 FUEL Tokens for 1 ETH
Week 2: 2250 FUEL Tokens for 1 ETH
Week 3: 1700 FUEL Tokens for 1 ETH
Week 4: 1275 FUEL Tokens for 1 ETH
Distribution:
ICO Presale 400,000,000 FUEL
Public ICO 400,000,000 FUEL
Token supply 1 billion
As you can see the best opportunity to buy it are the 1st and 2nd week, because you buy it very cheap..like 12cents of USD.
Ok but what is the point? Why to by at 11-12 cents?
Because tokens are to be sold at minimum 1 USD.
You can found this information on any ICO and token rating website.
Positive rating of Etherparty:
They are Partners of Enterprise Ethereum Alliance
FUEL token already priced more than $0.10 on exchanges, at the moment it's 12cents.
Great product or platform of products.
Token to be sold at a minimum of $1 USD, i believe in this provision, 1week will be end today and there are already sold 56% FUEL tokens.
What isn't so good with this ICO:
Period of ICO contributing is small, first 2 weeks
probably will empty the FUEL tokes bank.
The security is at continuously testing.
However i will be one of the contributors and buy some tokens, at least it will be fun no matter what will happen next.
Wish you a good luck on crypto currency markets.
Regards,
FreezeDay
