Is the minimum amount that an investor can participate in the crowdfund? Am I misreading the above stating the minimum to be 25,000 ETH? This seems outrageously high at 1ETH = 48USD.
You are viewing a single comment's thread from:
Is the minimum amount that an investor can participate in the crowdfund? Am I misreading the above stating the minimum to be 25,000 ETH? This seems outrageously high at 1ETH = 48USD.
I believe it is the minimum amount of ETH for the ICO to actually go off. You personally don't have to contribute 25k ETH.
Yes, you misinterpreted that information.
You can invest any amount of ethereum. Literally, I have seen an investment of .0001 eth, but hey, the more the merrier.
25,000 eth is the total amount from all investors for the project to continue development.
Which, that minimum is nearly reached as we speak.
Current crowdfund totals: 24,900 eth.
I'm guessing this project will bring in 40-50k eth. Hope this helps
Thanks for the confirmation. It seemed off :)