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RE: Why Kik Kin ICO Could be MAJOR Profit Opportunity
I am a bit worried about this ico. They are still over 100,000 eth away from their goal and the amount of eth being invested has really died down in the last few days.
This is not necessarily a bad thing. If the ICO doesn't sell out, they are adjusting the percentage of tokens in the other remaining divisions so that the total distribution remains the same. That could potentially reduce the total amount by as much as 20%.
If you're worried about interest, remember that all the buyers were pre-registered. It's not that interest is dead, it's that nobody can get in now. More and more are hearing about it and waiting for it to be tradable, especially those who couldn't/didn't want to do KYC.
Demand is there and going up, supply could be shrinking significantly. All points to large gains.
I am a bit worried because there is little press/blogging/youtube vids being posted about it since the ico was released. I thought this one would get lots of coverage because it is the first big company to implement a public blockchain platform.
More buzz about China, Metropolis, Kyber, and other stuff. Crypto moves fast and forgets quickly, but I'm sure it will pick up once Kin is tradable.
Good point. I wanted in on Kyber but it was not available in the US.