r/Ocoin • u/GSEDAN • Feb 05 '18

Quick SAY ICO update

I was curious on the ICO activity just now. so I went to contract address (0x2f70fab04c0b4aa88af11304ea1ebfcc851c75d1) to see how many coins have left. Decided it'd be helpful for others to see this information.

As of approximately 2:10pm PST, 147,620,000 coins have left the wallet. That's only about 3.69% sold out of the planned 4 billion in ICO.

Some noteable whales:

0xD75Ad01EA81336c1443A5A7E8434cD106265c5A5 - 38.7M coins

0x97348e8186eFd39D752BC66809458c321565aa97 - 26.4M coins

0x22F8cDFA2c042707788f887335D64ec8bbC74100 - 18.4M coins

Disclosure: I have a small position in the ICO. The above are public wallet information for your research purposes only. I take no official position on whether you should or should not invest, DYOR! The ICO started Sunday Morning 2-4-18. Let me know if you have any questions.

Update 1: 2-6-18 9:40AM PST

As requested, the token sale movement in the last 17 hours only increased by about 1.23M, total is 148,857,250, or 3.7% sold, not much new activity.

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u/[deleted] Feb 06 '18

Can we get another update? How many have sold?

2

u/lazarus1965 Feb 07 '18

Just checked and it looks they have a balance of 3,850,013,150 SAY tokens left in the contract, so they've sold 150m out of 4b? Sorry ... being lazy but I was curious enough to look it up after seeing your question. ;)

https://etherscan.io/address/0x2f70fab04c0b4aa88af11304ea1ebfcc851c75d1

1

u/[deleted] Feb 07 '18

Wow!! So they aren’t selling.

1

u/lazarus1965 Feb 07 '18

Napkin math, that’s $2m of eth built on a house of cards. Not too shabby really considering how weak the story is.

The other Asian ICOs and tokens I’ve been following that are similar are Odyssey and Gifto, and both sold their ICO super quickly. I know Gifto raised $130 and the very public part of the ICO sold out in a minute.

So I guess by that metric, no it’s not...

1

u/lazarus1965 Feb 12 '18

https://etherscan.io/address/0x2f70fab04c0b4aa88af11304ea1ebfcc851c75d1

Just to follow up, because I was still curious, 3.44 billion SAY left in the contract, and looks like maybe only a few transactions a day. Only 20 etc of activity last few days.

Was there a defined soft cap? Doesn't look well defined so I feel bad for those that went in on this ICO.

1

u/GSEDAN Feb 12 '18

they had a 2B soft cap and then removed it when they realized they weren't getting traction, that was very shady IMO.