X @BREAD | ∑:

I'll take the other side of this. I think it pumps.Realistically, very little of the day 1 supply is likely to be allocated to people who got it for free.You basically have 3 tranches day 1:→ ICO (i.e. you paid for it at $4B)→ Incentives (allocation will take time and doubt it's 100% allocated)→ Your providing a service (exchanges, liquidity)Honestly think it plays out well for them and given their warchest, track record and value accrual shift to apps broadly I think ICO price is a deal.IcoBeast.eth🦇🔊 (@be ...