@stevanGR Do you think that a 10% bounty in ETH is too much?

@polyballz Why don't you think this model is good? Can you elaborate on "I'd better run my gift program with a trusted manager's hand."

@Ferki If the soft cap isn't reached, the contributions will automatically be refunded. This idea is very original.

@bolshojkush Transaparency is key. This project is not a scam

@Mr.ZODIAC we will be nothing like that platform. Our referral will be what we set it according to the whitepaper and you have my word it will stand.

@lyfecoin I'm running an ICO for investing in my project. This is no ponzi scheme as my team will be transparent and are required to pass KYC. The project will not be anonymous. We are from the US and due to Security laws we will be excluding US Residents and China Residents from the token sale.

@otunayode this platform will definitely get the funding needed with the right strategy. We are combining crypto, sports, and trading into 1 platform operatin gon a Dapp.

@louisBSAS what was the platform name and what happened? Rest assured, that this platform will entirely be built on trust.

@masterrex I'm waiting to conduct the token sale in Q1 2019, possible Q4 2018. I'm projecting the bull run wouldve started by then. This will be a sorts platform like none other; the first of its kind.

@Reid The ICO hasnt started yet. I'm about 3-5 months from launching. The idea of this thread to get ideas from the community. Trust me, in do time everyone will know about this project. As a hint; imagine being able to earn additional crypto when your favorite sport teams win or appreciate in value.

If a project its the first of its kind and has high interest, why not refer? People want BTC/ETH instead of tokens

Thank you. I updated the post :-)

Thank you. My apologies for the time it took to understand the exact question

The investor will get the return on his/her investment. The company will own everything else, not myself. Remaining funds will be used for operations, development, marketing, legal, and licensing. There will be no fees charged on the platform for trades

Let me rephrase my statement/answer. After a successful Token Sale, the investor would take their profits and will have no say in the further direction of the company. For example, the investor invests 25K in crypto. The platform raises 10M; the investor will get 2.5M and that will be all.

@trumper are you saying that no successful projects use bounty. If so, prove it? A good majority of the successful projects this year has used bounties including the most pupular in January Digitex Futures. If I'm not accurate, prove it to me.

@Endikadija the point of bounties are to attract people to your platform by using marketing techniques to spread the word. why pay thousands of dollars for marketing when you can use bounties?

@ethanharris685 does a strong team lead to a successful platform or does the execution? There are a lot of ICOs that fail having a strong team and well known individuals because the idea sucks. In comparison there are a lot of ICOs that have members who arent well known in the community, that executes the idea perfectly and become a huge success. A lot of the popular well known individuals want you to pay them just to have their name on the website. They dont actually contribute in doing anything.

@xianbits. I'm not going to implement KYC because this defeats the purpose of cryptocurrency. The US and China will be excluded from the ICO. However, members of my team will be required to completed KYC as well as myself. Does anyone else other than xianbits thinks that 5% or less for a bounty will also work?

@danherbias07 The bounties will be paid following a successful token sale. If the soft cap isn't reached, the smart contract will be designed to refund all contributions. A lot of individuals would be participates of bounties if they are getting a crypto like BTC or ETH in return. Trust me this project will be the talks of 2019.

@jjeeppeerrxx trust me, the project will be completely transaparent. The Dapp will run the entire platform and all transactions and holdings will be on the blockchain.

@carlisle1 this ICO will be ran by me. Why would I risk my name if this is a scam. This is my project. I will be required to go through a KYC and my name and team members name will be posted as well once the platform is ready. All legitimate ICOs are transaparent.

I completely agree. I think that bounties are great, however they are only as great as the project. If people don't believe in your project, they aren't going to refer anyone. Who wants to waste time on shitcoins. This project will be all the talks of 2019 and will be transaparent. The Dapp will run everything and all code will be published to GitHub.

Should multiple bounties run simultaneously. For example a token bounty to use on the platform and a bounty in ETH and/or BTC for direct referrals? Why aren't bounties trusted?

I think 20% bounty is to high. The goal is to reward members for referring others to the platform. We don't plan on launch the bounty/ICO until the bull run begins. Right now everyone s HODL their crypto.

Thanks for the advise. If there aren't any investors then I will look at going to a p2p site or getting a bank loan.

Once again, the remaining 75% will go into escrow and will only be converted to fiat if needed for the following services:

OPERATIONS 40%
DEVELOPMENT: 20%
MARKETING: 20%
LEGAL : 10%
LICENSES 10%

There will be a custodial service used. This will all be controlled by the smart contract.

I just hit you up