adbank Launches the Most Transparent ICO of All Time
The article says most transparent ico of all time but they are not even sharing how much contributions made already.
So which transparency are they talking about?
We REALLY wanted to have a progress bar throughout the ICO but our decision to accept multiple payments have made this challenging. We are working on it and currently are sitting just above $3M in USD for total contributions in pre-sale and public sale. Off to a great start!
Making an automatic and real time calculator progress bar for the website is a non-trivial development process as we have both PIV and ETH as well as the pre-sale sources of input. Additionally, with the price of various crypto changing over time, it becomes a question of how to determine how to sum it all up. Do we calculate based on the current value of a given crypto or do we calculate based on the price point at which is was received? And do we express it in Canadian or American dollars, and if so, do we convert either of the fiat based on the price at the time we received it or the current price? These are the issues we are processing in order to come up with a safe, secure, and relevant demonstration if our ICO. To be honest, the world of crypto shines a light on the fact that there is no absolute currency. Its all relative, and thats a reality most people get to ignore on the day to day. If anything, crypto is making everyone aware of things that most people would normally never question about money and the banking system. A basic question like Where does new money come from? doesnt, it turns out, have a simple answer.
I know that isn't a satisfying answer but keep in touch with us on Telegram and one of the team members will update you personally.