RE: LBI earnings and holding REPORT - #3
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Wow! I continue to be amazed at how the @lbi-token project just started off with a bang and keeps on running!
Question: I know you have mentioned a "soft cap" of 250,000 tokens — do you have any sense of when that is going to be reached, at current progress. I'm presuming, in this, that buying in at 1 LEO per token is still ongoing?
Thing is, I definitely want to get some tokens, but my liquidity is super tight (US taxes, don't ask!) and accumulating some liquid LEO from my curation efforts is going to take a while... so I'm trying to determine how much of "a while" I might still have.
In any case, enjoy the reports and updates!
=^..^=
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The price is still 1 LEO per LBI through the month of January. By then it will go up to 1.05 or 1.10 depending upon what the value of the holdings are at that time.
As for the soft cap, it is basically going to keep going as long as their is consistent adding of the token by the community. If people are still sending LEO over to grow their holdings in the project, we will keep it open. We expect there will come a point where the buying of LBI will start to die down but if it doesnt, we will keep it up.
After all, the ultimately goal is to effectively has this LEO locked up, out of circulation while being put to work curating. So the more that comes in, the less there is realistically available on the open market.
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