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avatar of @khan.dayyanz
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@khan.dayyanz
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I believe there is no need to hard cap too early when we are already increasing the issue price with backed value. We already know that people are excited when a new project is launched and many try to grab early causing high sales and interests and it goes down exponential. But when the project starts delivering, people would want to get or the new comers who didn't know about project. So if we issue at backed price means there is no significant loss to early adopter as the late adopters are paying premium/backed value. So down the road we can always issue more tokens and invest that in more terms. We already have a hard cap of 1 million, we need to give it time to reach that. Consider, hundreds if not thousands people joining through project blank and they come to know about hive and leo and the lbi project. We should at least keep some for them.

So i would recommend to get it rolling at whatever pace it is going and charge the backed value either that is 1.1 or 1.5 or 3 Leo. When we are looking at long run it would be better.

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