And an article on it, in The Block:
People looking to buy the token need at least $100 in the accepted cryptocurrencies [...] The project already stipulated a $500 minimum for participation in this round but was forced to lower the entry requirement amid complaints from prospective buyers.
Sango Coins bought during this public sale phase have a one-year vesting requirement. As such, buyers cannot withdraw or transfer their tokens until the lock-up period is over.
Wow, seems like an absolutely horrible idea
reply