My very first ICO
Last week, I participated in my very first ICO. In fact, it was rather fundraising then ICO since the coin itself already exists. It is Bitradio token, usually shortened as BRO.
2,000,000 coins were available to split proportionally among the participants. As you can see on the link above, the value of BRO is usually between 2,500 and 3,000 satoshis. Since the crowdsale took two weeks during which you could transfer the money, nobody knew what would be the final price in advance.
So I invested an equivalent of 20 BROs in the time I sent my money. And I ended up with… 20 BROs :) During the last minutes the price grow as the last time bids were credited and the final price was almost the same as current exchange value.
As a conclusion, I didn’t make my fortune. On the other hand, I didn’t lose anything. I just have a couple of more tokens of a platform that have just raised its value for more than 52 Bitcoin earned by the offering.
The main reason I wanted BRO is that it has a proof of stake which from time to time generates me some extra BRO when I run the wallet on an idle tablet at work. So, at least, I got them.
Mé první ICO
Minulý týden jsem se zúčastnil svého prvního ICO. Ve skutečnosti šlo spíše o fundraising, protože mince sama o sobě už existuje. Jde o token Bitradia, obvykle zkracovaný jako BRO.
K dispozici byly 2 000 000 mincí, které se dělily proporcionálně mezi účastníky. Jak můžete vidět na odkaze výše, BRO se obvykle obchoduje za 2 500 až 3 000 satoshi. Protože "crowdsale" trval dva týdny, během kterých bylo možné zaslat peníze, nikdo předem nevěděl, jaká bude konečná cena.
A tak jsem investoval ekvivalent 20 BRO, tedy k okamžiku, kdy jsem posílal platbu. A skončil jsem s.... 20 BRO :) Během posledních minut cena vyrostla v důsledku příhozů na poslední chvíli až téměř na úroveň tržní ceny.
Ve výsledku jsem na tom nezbohatl. Ale ani jsem nic neztratil. Jen mám o trochu víc tokenů platformy, která právě zvýšila svou hodnotu o více než 52 Bitcoinů, které vynesla nabídka mincí.
Hlavní důvod, proč jsem chtěl BRO, je, že má proof of stake (tedy de facto odměnu za držení mincí), který mi čas od času vygeneruje trochu BRO, když nechám peněženku běžet na nepoužívaném tabletu v práci. Takže když už nic jiného, ty BRO mám.
As someone that has never really looked into how ICOs work, how do you generally invest in an ICO? Is there an exchange or wallet that you would need to put money into?
It depends on the ICO. For that one, I already had the wallet. Read rules and whitepaper before investing, they shall clarify it for the particular offering.
Ah, OK. So it sounds as though each ICO might have differing requirements. I suppose that makes sense. I was thinking that there might be some exchange that I had not heard of that specialized in handling conversions to ICOs. Thanks for clarifying.
Check this website: https://www.icoalert.com/
But reading the whitepaper and all the official information is always a necessarity. You shall not invest unless you do so.
Thank you, I'll have a look. I don't think I'm savvy enough about crypto currencies yet to try investing in ICOs at this time, but it might be some information that would be useful later when I have a better handle on what I'm doing with crypto. No matter what, it is something I've been curious about lately.
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Jednou mi přistálo v peněžence 0,5 BRO. Ale nějak mi uniká za co. Jen za to, že je držím v peněžence?
Ano. To je právě proof of stake. Třeba Bitcoin má proof of work, tedy mining.
Tak to tedy budu asi tak za 1000 let nechutně bohatej. Škoda, že to neuvidim.
Díky za vysvětlení. :)
This post has received a 1.56 % upvote from @booster thanks to: @godfish.
Joj to je projekt odměna za to že přes ně poslouchám rádio nebo že ho streemuju :)
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Ahoj,
na Tvou radu jsem začal poslouchat rádio a instaloval jsem peněženku. Neměnil jsem za Satoshi a zatím mám váhu 15 a odměna za cca 38 dní. Poradíš, kolik můžu dostat odměnu? Svých vytěžených mám zatím 17BRO.
Díky R.
0.5 BRO je odměna. Generuje se náhodně, zatím jsem ji dostal jen několikrát.