So how come this will became a scam from the developer of the ethereum coin?Being the developer you can have the huge stocks of your coin which you can buy by your own on exchange of save after the crowdfunding this scene is normal he just really saved up that huge amount no scam at all
Yeah, ETH is a big company, consist of different branches and yet they are telling it as a scam. It has been running since and yet there are no reason why they are telling its a scam. The many reasons are important but the most important one is that a premined coin is a scam by definition. That is why ETH can't succeed.
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Maybe the token could have some features involved in the business, like for example give to the holder a part of the earnings or it could maybe part of the referral network, the people who buys your contracts are not the majority so maybe with the token you can open the business to other parts of the population before unreached?
Yeah good idea. The bottom line is want investors and users to get something 'better than money'. The technology we have designed is all cloud based, so as long as they have an IP, they can subscribe to us. :-) You can buy everything (legal) with money, don't let anyone tell you anything else.
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Why Most ICO's are SCAM ?
Cause they have a scammy distribution model, and not most, but all of them! All of them have a scammy distribution level that's why they are scams.
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I may be negative but I am not building a scam.
Big difference huh?
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This token is useless, an ecommerce platform can accept any already used payment method, bitcoin, altcoins, Paypal, VISA or Mastercard, there's no need to make a token to serve as payment.
As an incentive for ICO participants, token not only can be a payment for goods, but will buy you any premium services at a big discount. Promoted listings, internal domain names, RE listings, etc. Price of token would be also decoupled from alternative payment methods. Revenue sharing program for the token holders is in the works as well and would be announced soon. As I said, there's no good technical reason for the token existence. Of course there is! How else to raise a huge amount of money?! ICO! Get the money and build another ICO! It's simple, don't you see?
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By the way, Its not a shitcoin. Please read all the details on their website.
It's on THEIR website so it must be true. *Sarcasm mode off
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What is the first sign of a scam project (ico) for you?
It has the word "ICO" in it. Crazy huh? And it's true.
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I would suggest to everyone that learning any programming language is easier (ten fold) if you already know another programming language.
So learning any programming language will help you with this smart contract programming whatever it may mean and will give you a window in the future of programming, not just smart contract wtf this means.
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I suggest anyone to stay away from any ICO.
ICO = scammy distribution, why participate in a scammy distribution? Isn't crypto about decentralization? They want to make a eCommerce platform decentralized having all the coins premined.
How many ICO's delivered what they promised? I will help you - NONE! Not even one!
And you keep investing and losing money to these crooks, and they get the money out of crypto. This is not healthy for the crypto world, healthier would be to just stay away and invest in coins you really use. As simple as that, what can be simpler than this? Just invest in what you use, what is proven, what actually already exist, not some words on a word document, called so fancy "Whitepaper".
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For what exactly you are raising money? Can't make at least an Alpha version of your stuffgogo and after that release the ICO? Why do you need so much money on development, don't you have your own money, or friends with money that can sponsor you and make a INSANE amount of money, why do you need so much people to invest in your shitcoin, why make a premined shitcoin when you can create your project on existing decentralized coins, or fork a decentralized coin and make it your own?
So much why.
I suggest anyone to stay away from any ICO.
ICO = scammy distribution, why participate in a scammy distribution? Isn't crypto about decentralization? They want to make a eCommerce platform decentralized having all the coins premined.
Are you insane?
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I hold a good bunch of SIA, about other coin you mentioned can't say a thing, just be careful, better to invest in less but proven.
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No BTC, LTC, XMR, SIA?
Your list have serious issues.
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Talking about real money (500.000$) like talking about a bag of chips.
Good luck with building the scam.
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Iota is a scam. My comment is about something else.
If a transaction has 0 fees, imagine how serious the network can be attacked with flood and spam having 0 fees.
0 fees won't work, even with a real decentralized coin , not to mention iota scam.
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Op, so this guy from that video(I don't know what video, the one you mentioned above) is a genius, lets assume that. So why can't this genius invest his spare time, his week-ends, his money, get together people that can help the project, build it and AFTER that sells the product, how about a real deal, how it was meant to be when crypto currencies started - fair and decentralized.
ICO means scammy distribution. How much money do they want to raise from this ICO? Are they serious about their intentions if they don't invest (they have no people around that can invest in such a GENIUS idea, REPLACING GOOGLE, multi-billion giant company) and they start a fucking ICO! Raise 25 millions and great ICO, great money, project done, lets build another, now pumping and advertising with the money from the previous ICO!
How original, I think this shit will be with us forever.
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All the true decentralized crypto currencies have big future, especially the first 2 - BTC and LTC. In two years from now, I predict the crypto market to increase 100 fold.
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An ICO to Beat Google? Good luck with that.
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Never participated in any ICO. So, 100% no regrets ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
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I hold BTC and LTC, both are great, original, decentralized coins.
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So that's how you call a signature campaign nowadays - airdrop...
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