What is ICO?
This term is acronym of initial coin offering where a firm or an organization offers their newly launched crypto coins for sale. These coins are sold from comparatively cheaper price as compared to the prices after the ICO has been ended. This is done so that the launchers of the new coin can collect enough capital to get going. If you still don’t understand this concept, then take an example of the public offering where shares of a company are sold.
Maximum Supply: 24,000,000 LUNO ICO
Crowd sale: 8,000,000 LUNO
Initial Price: $0.40-$1.00 (USD)
An Important Notice:
As we are expecting high demand of LUNO so there will be a restriction for each individual to buy LUNO in each round of the sales. You will not be allowed to buy more than your limit. Limit for each round would be 2000 LUNO.
You would be shocked to know that there are almost 8 MILLION coins that are supposed to be sold in the upcoming ICO where initial coin offering will be based on the five phases of the sale and in each phase you won’t be able to buy LUNOS more than 2000.
There will also be a preselling session which will also consist of five phases and if all of the targeted coins get sold out in the direct session then more coins will be available for the sale in next phase but of course for expensive price as there will be high demand of the LUNO coin.