What is the use case of this token and how it works?
How about if you just sold only some small amount of token, do you have a soft cap? what happened if you did not reach that? What are your promotional actions? Good promotional campaign is really needed to get more funds from your token sale especially yours will kick off in a very limited time frame.
Hi! Thank you for your interests in our project.
As described on the whitepaper, the main purpose of our token is to have them 'staking'.
The use case is in the fact that it stakes on a daily basis (if kept under your account on our website). All revenues generated by us as 'staking fees' are used back to purchase the tokens on the exchange & they will be destroyed permanently. This ensures that (i) the total supply of the token decreases continuously (ii) there is a constant demand/buy order on the exchanges.
Additionally, we will have a 1-page AD platform with 100 AD slots. All of our bounty & giveaway campaigns are held on that page to ensure constant in-flow of traffic. Advertisers can purchase these ad slots with StakeIt tokens only. *
All tokens earned from this page will be destroyed.No, we do not have a soft cap. All unsold tokens will be destroyed. Even if we have only sold small amounts of tokens, we will keep moving on with development (at our own expenses). We can guarantee that the token will be listed on an exchange as soon as the token sale ends.
We believe in good promotional campaigns as well. We are actively managing and hiring community supporters and bounty campaigns. Should you have any suggestions or if you would like to help us, please feel free to reach out to us via dm.