Bittrex will host VeriBlock IEO at 9:00 am PDT (4:00 pm UTC) on Tuesday, April 2nd.
People from the USA are restricted & you may not participate in the IEO if you are located in, or a citizen or resident of any state, country, territory or other jurisdiction that is embargoed by the United States
70M coins to be sold at a rate of $0.1 & Initial Circulating Supply 283M. Individual cap from $10 to $20,000 USD. Total supply 2.1B VBK
We believe the public sale price is too high with the huge amount of supply and bittrex failed to host a successful IEO in their last attempt. So for the investor, this will be a very Risky IEO.
There is a chance that this IEO will be same as binance & huobi where people don’t get the chance to buy. If the same situation repeats again this will be very bad for the market as many people already lost a huge amount of money in this pump & dump game. People wondering if bittrex is giving the miners a platform to dump their holdings.
In the end, we will look closely to the situation. Please don’t invest if you can’t afford to lose.