I made an error in the last email that i need to correct - it's a combination of excitement, brain rot and old age.
I said...
"A KBC is already going to be worth at least 0.1 gram of Cashgold at day 1, no ICO gives you a minimum absolute value, but this one does!"
That is incorrect, it's pinned starting value is 10,000 KBC with a minimum value of 0.1 gram of Cashgold. Not quite the same as what I said above but it still gives it an absolute value day one and that still make sit unusual.
Most ICO coins have zero value day one and may never acquire any value.
The target from Karatbank is to build this figure from an allocation of 20% of all profits from Cashgold sales etc. to get it to €3.50 per Karatbank coin.
My apologies for the error.
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