RE: AVINOC Tokens Now Listed on First Crypto Exchange - 95% Lower Priced Than In Promotions!
I had a similar thing with XYO network, with it's ongoing token sale. I did a little bit of research and I threw some money at them. There is a choice to be made about whether we pay the ICO people what they are asking, and feed it into the project - or whether we buy the tokens from an exchange.
When the value on the exchange is much lower than what the ICO is asking for, it makes me wonder which price is really real.
It can feel quite scammy, when you pay people who seem to have a great team and a great project. And then someone else can get the same amount of tokens for half of what you paid for them.
I guess not everyone can buy the tokens from the exchange, because these are actually created through these first sales or drops, and then presumably dumped by disillusioned or impatient people.
I guess it's hard to tell when the crypto scene is so volatile, their is potential for some of these projects to go up in value by massive amounts. Having paid a bit more than someone else could seem minor in two or three years when those tokens are worth 50x to 100x that.
To me it looks very much like the alleged $1USD value that is listed as the final sale value (following numerous entries at $0.05) was only there to artificially inflate the price for the airdrop, so that they could falsely claim to be giving away more than they every could do. The only places that the value of $1usd has ever been mentioned is on the airdrop page and on the sale page as a temporary value. As soon as it hit the first exchange, this value was gone. Not a good look. But yes, the value still could shoot up anyway!