I disagree with the proposed pricing of 12-15k sats as I believe it is unfairly cheap compared to the previous price increase. It is very likely that SIP 6 will pass and therefore the following is assuming it does:
For context, Genesis sale was priced at 2.5k sats per SOV and then we have witnessed an extremely radical price increase in the Origin sale - up to 10k sats per SOV. It’s needless to say 4x increase between presale rounds is very rare and, to be fair, Sovryn might be one of the few (if not the only one) projects this year that have chosen this radical of an increase this year. Now, many people have called that to be way to expensive for a presale round, but I think people still understand that, due to the exceptionally high potential Sovryn possesses not only to us, but also to the crypto world in general, it is still well worth it to get involved. And so even if many people are vocal about it, they were still happy to participate.
The team justified this 4x increase by saying that they may have mispriced the token and that the demand is way more than anticipated. It’s basic supply and demand - you keep increasing the price until fewer people are interested and you have found an equilibrium between supply and demand. Well, it appears that Origin sale was equally successful and oversubscribed, just like the previous genesis sale. Of course you can argue, that Genesis sale sold out in minutes, whereas Origin sale pre deposits took over 24 hours to fill, but that is mainly due to the new pre deposit system we have decided to incorporate. Had all the emails been sent at once, I’m certain the pre deposit would have been filled in a matter of hours, again. Furthermore, just by browsing discord / telegram chats you will find that dozens of people were not able to participate - i.e. demand was greater than the supply! So now, when it’s clear that the team’s original rationale for a radical price increase (demand greatly exceeded the supply) is still present, I strongly feel we should have another price increase of similar proportions. Maybe not 4x as it was previously, but I believe 2.5-3x would be fair - 25k -30k sats. Otherwise, I do not think it is fair towards earlier participants.
I suspect that many other community members who love Sovryn, but do feel that the Origin sale price of 10k sats per SOV was a little steep, will have similar thoughts… That’s something we cannot influence anymore, but what we can do, is to make sure all the subsequent sales are priced fairly when compared to the Origin sale.