ICO Review Latium, Matryx, Bounty0X, Vezt, CoVesting, GoNetwork 1080p 60fps H264 128kbit AAC
While the date of GoNetwork’s ICO has yet to be announced, the hype around the project continues to grow. The project’s telegram group has surged to just short of 60,000 members, making it one of the highest profile ICOs in the current market.
low cost mobile first network infrastructure for Ethereum.” Gonetwork Ico , low cost mobile first network infrastructure for Ethereum.”
Gonetwork Ico
The project leads were the winners of last year’s ETHWaterloo event, the world’s largest Ethereum hackathon. They have managed to leverage that publicity to build a large following ahead of the token sale.
, an allocation method that has been used for just two token sales to date and which allows investors to bid for tokens at the highest price they are willing to pay.
Tokens are then allocated in descending order starting from the highest bid until all available tokens have been allocated. The price is subsequently set at the lowest bid amongst those receiving tokens. While a $30 million hard cap has been mentioned, a Dutch auction could theoretically lead to far more capital being raised.
Besides the uncertainty surrounding a Dutch auction, a screenshot of a Telegram conversation allegedly involving leading members of the project was widely shared recently on Reddit, appearing to show a team more concerned with raising money than building a product.
The authenticity of this screenshot has not been established, no formal comment in relation to the allegation has been made on the team’s Telegram channel. Gonetwork Ico , no formal comment in relation to the allegation has been made on the team’s Telegram channel.
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