So those who don’t know. Endor team was raising 20% of 1.5 billion coins for 75M $ (300M endor coins). Well they reduced it to 45M $. But price of 1 Endor remained 0.267 even after they reduced it to 45M $. The excuse is because there has been a large amount of coins already sold at those prices. So they said they will burn all unsold tokens. So circulating should be around 198M+ coins without the discounts counted in. There come the issue. They never announce that a partnership was made where a partner received 70% of discount under the private sale/token sale (bla bla there is lock up on this for x months). It is to be noted that they have a 40% allocation for long term reserves/partners etc.. so instead of the circulating supply be around 198M, well it will be only 30M burned tokens of 298M coins. Well we are already fucked! So I now noticed that there has been 2 transactions sent after the end of token sale date deadline! The team’s response is that as long as the counter agreement was signed, transaction could be sent after the deadline ? Doesn’t this shows the greed of the team ? So disappointed for having place my money into this ICO and I do feel that I am not the only one feeling like this!
Pls upvote to make ppl aware of this bullshit!
Edit: They have now banned me on telegram 😂
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