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RE: Gnosis Prediction Market - Token Auction ! Questionable Success - the Distribution Disaster
This is not their fault, but it's honestly one of the worst things that can happen to you if you were an investor
I had the exact same reaction as you when seeing this
300m market cap, 90%+ tokens into the hands of the teams, $30 a token lol
That should have been disclosed before the ICO took place. Now developers could manipulate GNO price by dumping at the most profitable moment.
This was disclosed before the auction took place !
I didn't read about it so I didn't know it.
it's not their fault, but their conditions !
it looks like, they had a prediction !