No Whales Spotted in the Pillar (PLR) Token Sale?steemCreated with Sketch.

in #pillar7 years ago


Hey Steemians, meet the new neighbour, the Pillarians. The open-source Pillar token sale ended today netting ~$20mln which was $10mln shy of the project's funding goal. What is interesting is that the average buy order was ~10 eth with no whales buying in. The funding shortage should be of no surprise given the absence of VC funding throughout the 20+ years founder David Siegel pushed the idea of data "PULL" interfaces rather than the App orientated push technology of today. The project is to be a people's token, open-source, with a strong reliance on grassroots community involvement. I plan on supporting this community along side Steem as we share common goals.

https://pillarproject.io/

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There are many of us that are or want to be involved in ICO sales. But maybe it's the wrong time of the year to be sitting behind our computers. Winter is the best time for ICO's. The Pillar surprise and the drop in the price of Ethereum could also cause ICO grabs to "not live up to expectations". That plus the "$30.K problem". that is being discussed on YouTube. Thanks.

ICOs have a season? Never thought they did.

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