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RE: There is an ICO of a decentralized hedge fund which will change the cryptospace forever
seems interesting but I need to read more about it. Mostly I dont understand one thing:
The ICO will be available to BTC, WAVES, ETH, LTC ,XRP, COEVAL holders. But IF you "pay"/join the ICO with Coeval tokens then you get 10.000 MNY (tokens of the fund ICO) basically for free? You just prove you own COEVAL and they will reward you with MNY?
- only thing why it would make sense to me is that they want to make the market cap of COEVAL higher, but then why making two tokens and not just operate with COEVAL, what is the advantage of that, the advantage of MNY?
Investing in COEVAL is basically a pre-buy of a certain NUMBER of MNY. During the sale the remaining MNY will go to those people who contribute nom-COEVAL tokens and the number received will be VARIABLE relative to how much each individual contributes.