Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: blockchain2k on October 01, 2018, 04:27:27 PM



Title: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: blockchain2k on October 01, 2018, 04:27:27 PM
I would like to hear what % of ICO tokens you think is adequate for project developers to own as personal funds.  ???


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: anisoptera on October 02, 2018, 09:25:47 AM
I think the percentage owned by project developers is something between 10-15%. If they reserve more then that, the project becomes more risky. Those 10-15% that's owned by the developers is normally taken for free, so it is on top of the money they have collected.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: DikkieD on October 02, 2018, 09:32:20 AM
To an investor during ICO the less the better. But I often wonder if this is also viable for long term success of the company. Will price of a token ever go sky high if the company doens't have enough funds to keep investing in their product/project? What comes first, a higher price, or the money that's is needed to reach this higher price...

I'd say 10-15% may be ok, but higher is fine too, as long as the project is viable. In all cases, tokens should be locked and only released every once a while.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: joelsamuya on October 02, 2018, 09:47:50 AM
I would like to hear what % of ICO tokens you think is adequate for project developers to own as personal funds.  ???

This must be a sole discretion of the team, but if i am the one who will decide on the amount of percentage, maybe we could say 2-5% from the tokens. Hey, this is a huge amount of tokens, if we compute this one based on their total number of tokens. I think thats the fair amount.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: aleksnutis on October 04, 2018, 08:19:56 AM
I would like to hear what % of ICO tokens you think is adequate for project developers to own as personal funds.  ???
This figure is in the region of 1%, maybe less. This is already a well-known fact. There is a bad history of ICO projects over the past 2 years, and it is depressing.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: Ulya63 on October 04, 2018, 08:31:05 AM
In my opinion, somewhere 20% is enough for them if, of course, they will work on the product and not just lie idle. If a developer has too many coins, he will be accused of centralizing and manipulating the market, for example, as a ripple. Also, do not forget about escrow for projects so that this fund is used as you move along the roadmap and not for nothing.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: Tory-Tory on October 04, 2018, 08:37:49 AM
I would like to hear what % of ICO tokens you think is adequate for project developers to own as personal funds.  ???
You know, to answer this question we need the following.
Developers should draw up a clear business plan for the development of the project, impose a rise in the price of the token on it, calculate the need for financing the project by selling tokens and only after that determine the number of tokens. I think that this figure should be around 10-20%, but not at all 40-60%.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: bttmember on October 04, 2018, 08:41:59 AM
I think there is no strict rules about this issue yet and it depends on the team how much they want to keep in their control personally i prefer the projects who hold small amounts for themselves like maximum 10%.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: vv181 on October 04, 2018, 08:50:31 AM
Actually, I don't like ICO since it requires a huge effort to research and analyze the project to make a good investment. honestly, I don't know what is the sweet spot of the percentage that the team should take but personally, as long the team is trusted and has a good vision toward the project, and able to use the fund for a good use. A high amount reserved token for the team is considerable for me.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: idioma1 on October 04, 2018, 09:12:43 AM
It has been ranged from 10 to 15%


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: snwokenk on October 04, 2018, 09:50:08 AM
As someone who is involved in the creation of a blockchain project. I've often thought of this.

in one way a teams who hold a significant (> 40%) of tokens is vested in the success of the project.
and a team who holds very little tokens and aims to sell as much of its tokens during the ICO process is less likely to complete the project OR has hidden motives like an exit scam or, the more common occurrence, slow fading.


I don't see how a project becomes more risky because of token ownership by the developing team.

I would think it should be the other way around. Think about it, If a team's motive is to exit scam or slowly fade, then it would make a lot more sense for them to sell as much tokens as possible during the ICO phase.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: lobo13hf on October 04, 2018, 11:57:02 AM
I would like to hear what % of ICO tokens you think is adequate for project developers to own as personal funds.  ???
It should be less than 5% and this to avoid the fear from the majority of investors with the future of token. Remember the team has raised enough funds to create a product. if they have a lot of experience and then it will be so easy for them to create such a useful product to be used by our community and to attract investors.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: Byzantium101 on October 04, 2018, 12:25:29 PM
You actually want them to have a good amount, so that they are motivated to create value for you, but what is more important is the vesting periods and the ramp in the unlocking.


Title: Re: What % of ICO tokens you think is okay to be personally owned by project devs?
Post by: blockchain2k on November 02, 2018, 08:22:00 PM
We are going to launch our own ICO soon. If you are interested in knowing more about it then check my main pre-ICO thread here - https://bitcointalk.org/index.php?topic=4732575.40