Why
@craftsdev uses a raise range for
@refihub instead of one fixed price
@pfo_sac, co-founder of
@craftsdev, breaks it down:
"Looking at all the ICOs over the last three years, a lot of these tokens were issued at very arbitrary prices."
"You saw tokens coming onto the net at 20M FDV, 50M FDV, selling a 10% stake, raising 2M or 5M, and then dumping on the side."
"In our case, there is no team supply, so there is nobody to dump on you."
"The range is there because we don't want an arbitrary price. We want the market to discover a fair price." -
@pfo_sac