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Ähm, why is the ICO page gone? Did you cancel this project? I suppose heavy legal issues, right? As doing a shilling coin seems to me violating austrian currency laws and counterfeit.
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Like Kostolany always said: Just go fishing if you are nervous ^^
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And also be very aware of all these technical analysis scams and videos on youtube. TA is very hard to learn and understand and way harder to trade.
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ICOs were a nice wild west game in the summer of this year. I also invested in some for sure, but has anyone ever though or asked about the legal consquences? Ever though about Harvey Test? So read this first before doing an ICO: https://drive.google.com/file/d/0B6GBthMmP7QPSjhwNVpyZWZLNHc/viewAll ICOs are in fact securities, so they will have to give their money back if the SEC knocks on your door. They will for sure knock on your door. Coz else they US and any other state would loose a lot of possible tax money as profits or prices or value of the coins rise. So be aware. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I suppose they just want to see how the crypto community is reacting as the russian central bank is fighting against crypto, but the russian finance minister is for crypto. So there is a deep struggle inside russias powerhouse.
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Yeah but how do you decide then that a guy and his photo and some shiny words are really true??? Are you starting to stalk the core team then? Reading their facebook, twitter, linkedin, looking at their family photos and stalking where they life or even if they really studied physics or somehting? I dont think that you can be really save because these are guys you don´t know and everyhting can be fake and i assume the most of it is fake. Just look at the photos. Often they just have such a bad photo thats really ridiculous to use it for a business project.
But if you are anonymous and working hard in communities, sharing ideas and helping people. I think your reputation is much more worth than a shiny photo and some words about a PhD you do not have.
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But i have another question regarding the core team. Is there any importance that the core team members make their real names and a photo of them public? or is it the same to stay anonymous? Because names and photos can also be fake. I am not sure if there is any need of that. On the other side it looks more respectabel to give your real name and a photo.
What do you think of that?
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An ICO team is in fact key. Why shouldn´t it be? These are the guys and women who made the whitepaper and had the idea. So in that case they should be capable to setup their idea in real or hire people who know whats to do ^^
But i can only speak for my self. My core team for our upcoming ICO is so awesome. These people made all the difference in building a great project. If you are not behind it and know whats it about and what it shall become, you should better leave it and stay in your mommy´s garage. haha
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Its true that Steemit and Facebook have different efforts and use cases, but social media is a ever evolving field and no one can just sit and wait, not even Facebook. I am very positive regarding Steemit and the fight against global centralized monopoly tech corps.
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Facebook only lives from selling ads. Anyone read the latest analysis about Facebook and Alphabet ads bots? Only a tiny part of the klicks on facebook and google ads are done by humans. Facebook and google coded automatic bots who generate the traffic on their sites to make it look like a lot of potential costumers got to your webpage by facebook. Some companies already found that out and are now starting to slash their marketing exposures on facebook and google ads. So what would you think if they find out the company growth the same without facebook and google ads?? lol
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Facebook is way more complicated and totally marketing dependent.
Steemit maybe complicated in the start to understand the 3 intern currencies, but trust me its the future ^^
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Steemit will attack this mega centralized tech corp and hurt them soon. I am in fact planning an ICO to support Steemit in this effort. You will all soon see the awesome whitepaper ^^
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Steem has the only real potential to attack Facebook and also Reddit in the global social media field. For now it has a very tiny user base, but i am watching this very cleary as a lot of successful Facebookers are starting to quit their Facebook accounts and change to Steemit.
Think about this: If you have 100k followers on Facebook, what do you get? NOTHING
If you just would have 10k followers on Steemit you propbably would easy make 50 bucks a post and even way more. So this is a conservative call.
It seems to me a absolutely logical step. The user base will switch.
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In what kind of underlying investments are you in to say its a private equity token. Are you aware of the SEC???
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