RE: ECOBANK Token Presale - LIVE!

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This is interesting Land-Based Tokens. Although new tokens make me nervous. When Cub Token came out it was selling for about $5 a token, and some big stakers received their Cub by airdrops.
For those that purchased Cub at the $5 token price have taken substantial losses as I think now it trades at around 40 cents a token.
I hope you guys have much better luck.



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I hope so too. One thing that makes me confident this can't happen, is we have assets, currently land, backing our token. If anyone wants to sell me their $1.10 cent token for less, I will gladly buy it.

This is because once we build the hotel, I bet the asset backed value is at least $2.

Also, there are no large scale airdrops here, everyone that has some will have been putting in their own cash. So that vector has probably been eliminated. There will be a small airdrop from my personal tokens to INCOME holders, but I will stand ready to buy those back since, as I truly believe, our assets are worth more than that.

Good observation though, and one we should all make for every new token project before buying.

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