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RE: STORJ (Ethereum based Storage service) Token sale is happening now and about to sell out

Seems pretty expensive to me, on coinmarketcap by TOTAL supply not circulating its around 300 million $.....not sure about what's going on with the a new token sale? Can't they just exchange the old Storj 1 for 1 for the Ethereum based token?

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Yeah they are planning to exchange any old SJCX tokens 1 for 1 (and burning from the new supply) with the switch to Ehereum. This token sale is in addition to the exchange of old tokens.