More Info About ICO
|ICO Name||Knowchain (PreICO)|
|Start Date||October 10, 2018|
|End Date||November 10, 2019|
Knowchain is a new blockchain with 2 layers that power the ability to make transactions with additional information attached on-chain. The main idea is a 2 layers blockchain with layer 1 as Value Settlement Layer to make the value transferring process faster and layer 2 as Ano Layer to store Ano units that can be anything such as Smart Contracts or Additional Information.
|Price||1 ETH = 50,000 KNOW||Sale||N/A||Payment Mode||ETH|
|Minimum Investment||0.1 ETH||Distribution||50%||Raised||N/A|
|Soft Cap||N/A||Hard Cap||N/A|
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.