I noticed that uTurst TOKEN SUPPLY
1,000,000,000 (1 Billion)
TOKEN PRICE
0.065 USD (6.5 cents)
So basicly they are validating their own project o n 1.000.000.000 x 0.065= 65 Million.
Should they not say like We sell 500.000.000 tokens at ICO, it will be split among the investors, basicly letting the market decide how much each token is worth?
No. They sold 150 mln tokens on pre-sale. 700 mlm tokens for sale. And rest (150 mln) for team, development, marketing etc.