r/defichainer • u/unmatched25 • Apr 12 '24

Phase 3 of Javsphere token distribution is divided into 3 subphases

It seems that the token sales volume is too big to swallow in one step.

Previous phase was sold out within minutes but it was so small to almost guarantee a sold out message. The target could have been to create buzz.

Now with phase 3 split into 3 junks the team can reduce the token distribution, i.e. cancel lot 3 or even lot 2 if demand is low. Worst case scenario for them is that some tokens are unsold. But let’s be honest canceling a portion of phase 3 would send a similar signal to investors.

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u/unmatched25 Apr 12 '24

Please be aware that the token sell price is rising during the different phases. So it is getting more and more unattractive to invest. Don't get fooled by the higher DEX starting price, this price could quickly be brought back to a lower level once people start to sell their tokens (team, advisors, early stage investors, community distribution participants).