Sorry havent followed this topic for a while.
ICO is over right? did they sell all 100Million tokens? if not, the rest will be burned correct? if so, doesnt this mean we expect a rise in value when they burn the unsold tokens?
the latest upadte from the team was from CEO at PROPY
Natalie Kara. PROPY team have an event in at Stanford University Tue, October 10, 2017 , a workshop for blockchain engineers and real estate professionals to discuss crypto economics for real estate.
What was the result of that event? Do they finally made a decision of burning 84% of unsold tokens? I really don`t understand popular managerial practice of stopping any activity on the forum after successful token sale. Only hope that 14th October beta testing will not be delayed.
I think you have the wrong maths. Among 100 mil of total supply of PRO tokens, 35 mil were designated for tokensale, which 15 mil were distributed
at the first sale, and the remaining approx 20mil. will be freezed for a year for another tokensale (as was stated at the first token sale).
Another 35% is designated for "network growth", 15% company held and final 15% for donation for various devs among the crpyto world.
The specifics for each category is explained in the whitepaper.