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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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3563530 No.3563530 [Reply] [Original]

> In order to include more people, we considered raising the dollar cap like other projects have, but that seemed like something that would be strongly disliked by the larger community, as it has been with other projects.

> Thanks, yeah, we felt that not raising the cap was a better approach to maintaining the price token purchasers would pay per LINK. We didn't feel that a large price increase due to the rise in ETH price should be passed onto them. Unfortunately that created less ETH for us to sell and has created this situation, where people feel they aren't able to be included in our crowdsale. We're not thrilled about this situation either, we would have been preferred to raise more ETH and include more people by raising the cap on our crowdsale.

> I've been at a loss to explain why people are so surprised and extremely agitated about our token sale closing before they could be included, we chose to act in the economic best interests of our token sale participants by not raising our cap, and then clearly asked them to keep in mind that the token sale would likely close quickly.

Humble, just like our money skeleton.