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I don't doubt there is solid tech and features behind this coin, actually looks like the first promising coin of 2018. Like pretty good, but lets dig in at some finances, Because; after all, you're talking to investors here.
...Greedy. Cunt's valued their product over $250 million USD before anything is developed, at ETH's current rate. AMAZING! What the fuck do you need over $250 million usd for to develop this project? Like seriously, you're telling me each token you're selling is worth more than $1 USD or $1 EU, fucking crazy nonsense.
These companies are valuing their ICO's based on the current performance of a BULL market, not actually what it takes them to develop. When they go through the ICO and determine how much each coin is worth, they look at the current climate and gauge... investors can make an easy X2 return on this coin, because that's all that matters is ROI, and if investors are not making at least X2 on ROI within the first week, then it was definitely a failed ICO.
So, basically, they think investors can pull x2 profit from their coin (they left investors with skin and bones), with a total evaluation of around 500 Million USD for this ICO. If you mention something about a hardcap, you always ALWAYS invest based on hardcap of the ICO's, or you really have 0 clue on what you're doing, ESPECIALLY for the private investments. (Read carefully before you comment on this).
I'd love for the devs to explain how they came to the conclusion for the ICO's price, that would truly make my day! But i'll tell you here and now, it was magically ripped out of that Chinese guy's ass and shit all over you poor sheeps.
EDIT: It seems like all the sheeps are congregating on telegram these days, and there is no meaningful, real discussion that occur on any of these fucked up ICO's. Bubble markets indeed... when people don't even know what they fucking invest in anymore. These types of ICO's will eventually cause all the crypto markets to collapse on its head.
...Greedy. Cunt's valued their product over $250 million USD before anything is developed, at ETH's current rate. AMAZING! What the fuck do you need over $250 million usd for to develop this project? Like seriously, you're telling me each token you're selling is worth more than $1 USD or $1 EU, fucking crazy nonsense.
These companies are valuing their ICO's based on the current performance of a BULL market, not actually what it takes them to develop. When they go through the ICO and determine how much each coin is worth, they look at the current climate and gauge... investors can make an easy X2 return on this coin, because that's all that matters is ROI, and if investors are not making at least X2 on ROI within the first week, then it was definitely a failed ICO.
So, basically, they think investors can pull x2 profit from their coin (they left investors with skin and bones), with a total evaluation of around 500 Million USD for this ICO. If you mention something about a hardcap, you always ALWAYS invest based on hardcap of the ICO's, or you really have 0 clue on what you're doing, ESPECIALLY for the private investments. (Read carefully before you comment on this).
I'd love for the devs to explain how they came to the conclusion for the ICO's price, that would truly make my day! But i'll tell you here and now, it was magically ripped out of that Chinese guy's ass and shit all over you poor sheeps.
EDIT: It seems like all the sheeps are congregating on telegram these days, and there is no meaningful, real discussion that occur on any of these fucked up ICO's. Bubble markets indeed... when people don't even know what they fucking invest in anymore. These types of ICO's will eventually cause all the crypto markets to collapse on its head.
I totally agree, would be nice if the devs address this questions. Is this even the official announcement?
It is crazy how ICOs are doing a lot of moneygrabbing (talking in general, not referring to this project) by overvaluating project at concept stages. Not to mention how much tokens being hold by the team and advisors.
Coupled with the teams inconsistencies, and all attempts to wash out any discussing that paints this project in a negative manner. They haven't responded to 1 negative criticism, even though the main guy is posting in this thread 24-7.
I'm eagerly awaiting any dev discussions about this case, and other issues with the greed in this ICO. If you respond in a sensible manner, then maybe you will actually have some real investors with big cash investing in this. But instead, you want to take the route of creating a desire by creating a high-wall few can pass.
If you want to play that game, then answer our questions for the sake of your 250 million USD (it's now worth 350 million btw, due to eth prices), that 350 million you want to raise, which would make this one of the most funded cryptos of all time, but yet you have nothing to show for it.
Are you sure it's 350million? not 35 million?
Also their website is now in 3 languages and they are still developing. Believe in Brother!
