Playing around on the website and reading the whitepaper I can see this is a really interesting idea and the tech is already in place before launch (which is unusual for a coin). What I don't get is why you decided to do a ninja-launch ICO? Seems like you could have generated a lot more interest if you pre-announced it, particularly since you already have the alpha service up and running. How long will the ICO go on for?
My ICO is different as my GNEISS Coin is just a generic ERC20 token on the Ethereum blockchain. It's meant to represent the profits of the GNEISS as well as give discounts on the fees to run blockchain transactions (taxing blockchain transactions is how GNEISS gets revenue). The reason I did a ninja launch is because frankly I already have working software and only need thousands not millions of $$$ to finish the first stage of production. By that time the website should be generating enough revenue to where I don't have to sell any more GNEISS Coin. In that way GNEISS Coin is more like crypto-stock than a technologically advanced blockchain and I only want to sell so much of GNEISS's revenue.
Interesting. That is a unique approach. Thank you for the detailed response. How long will the ICO go on for?
Thanks! Yeah happy to answer any more questions. The ICO was the launch of GNEISS Coin so it won't stop. Think of it like a 21st-century wall street and I just launched GNEISS's "crypto-stock". GNEISS Coin is tradeable from here on out and will proceed to be listed on other exchanges after the alpha. Although it won't start paying dividends until after the beta (price is bound to be higher by then too so get it now while it's cheap ).
Thus, unlike other crypto coins which ICOs are meant to be for base currencies to some blockchain with some unique attributes. Mine is actually based on the revenue that GNEISS software produces through blockchain transaction taxes.
looks very serious about encryption and privacy-concern.
icocoins.com is my ico collection.
you can easily apply for listing by signing up and submit the project. then PM me for approval.
You can also submit news/updates to let more ppl join the party.