2018-06-19 About the change of the sales of coins after SanDeGo's being listed

We would like to inform you about the change of the sales numbers after listing on the exchange.

Reasons to change

  1. Recently coins sold at 1 satshi sale tend to be sluggish without rise of the price.
  2. SanDeGo increases the total amount of coins by high rate POS unlike other tokens. Even though the interest POS rate has decreased by the specification change, it is still higher rate than other coins and also if the number of SDGO to be supplied at listing sale is too many, the price is easier to lower.
  3. Due to the listing delayed nearly one month from the original listing schedule, the total amount of supplied coins has increased.

From these points of view, we decided to change the number of SDGO which will be sold at the exchange, in order to realize sustainable progress of SanDeGo in the future.

Details of change

We will change the sales numbers from 5 billion to 2 billion after listing on the exchange. Currently the amount of possession of 1st to 100th wallet balances (excluding the premine) is about 1.5 billion SandeGo. We guess that market capitalization of SanDeGo after listing will be more than 3.5 billion.

Profit on the sale will be used for listing on the CoinExchange and for various expenses to continue to manage SanDeGo project as mentioned in the WhitePaper.

Regarding the remaining amount of Premain, we will burn it, except for the 200 million SDGO for development and reward fee. There is a possibility of making adjustments such as changes of the some event timing of roadmap. In the case we will revice the WhitePaper and others.

Other

In addition, we are planning additional airdrop due to this change. Please wait details about information of airdrop.


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Last-modified: 2021-03-21 (Sun) 15:11:47 (1147d)