And I can't imagine, how if the ICO extension this time end, and the market situation is still bad, will the team extend again?
Extending the ICO continuously until the market situation improves?
like that!!!
There is no guarantee that the market will have a better condition. But do you think there is an other option? What should they do? The price fall after the listing is inevitable. At least we are hopeful now.
ICO is not fully 100% owned by the team.
Some % already are owned by investor. Are there discussion conducted by the team with investor to find a way out to avoid this bad market situation. The team make decisions that they think are good, but not necessarily good for investors.
For a bad market problem.
If the team fears the price of their token fall after entering the market.
It can't be avoided, until whenever they will experience a fall.
Fall then get up. It's called success.
Team is not the owner of all tokens.
But they are responsible for the future of the tokens more than any other people. The team is likely the biggest holder.
I am defending them. But it's really difficult to decide what should do in these bad days.
Okay fine. What do you want to say, say now?
Do you want to say that the team will hold the token until the market situation really improves?
I am sure the team know what to do for the future of ARAW token. But not by following taste their fear of facing this market situation. I am not a market analysis expert, but I am convinced that 'enter on the exchange with a market situation like this' is important for the sovereignty of Araw token in the future. Because how even story, araw will still face situations like this until any time.
Facing is far better than avoiding.