4 ms·
> I'd point out that the total sum invested in an ICO doesn't necessarily equal the sum available to the company issuing the coin. That's exactly what it mean
by atomical 9y ago
> I'd point out that the total sum invested in an ICO doesn't necessarily equal the sum available to the company issuing the coin.
That's exactly what it means. Circulating supply is a different story though based on lock up.
> If buyers invest USD 1,000,000,000 as in this case, then very theoretically, the issuer now holds USD 300,000,000 worth of the tokens they issued.
If the buyer sends $1bn directly to Telegram for any amount of coins then Telegram now has $1bn in the bank.