Oh OK.. But then it will be probably better to just buy tokens from the open market. Half of the tokens where bought from 5 cents so those probably sell cheaper than 20 cent a piece. 20 million tokens where sold at 5 cent a piece and 25 million at 20 cent a piece. That will make average price per token to be 13,3 cents. well that would be 166% gain for those that bought at 5cents, but over 33.5% loss for those that would buy for 20 cent a piece. I have seen so many ICO's that tanks their token price in open market. When half of the tokens are sold 75% cheaper it makes it really risky to invest. If they don't sell all those 25 million tokens then this situation is even worse.

Company is worth 6 million based on token sell, still tokens are valuated as 9 million (with 20cents a piece). if tokens would be shares they would be overpriced, however everything with crypto coins are nowadays over priced, so it might not matter after all.

We can expect that coins will have good volumes, if site has enough users. Every coin that customers buy and use will be dumped back to market by models. That might make coin price more stable. (It acts more like a currency and not like a stock.)

Other things that people should consider. This is one platform and one site like livejasmin. It's not like ethereum where people can build hundred of business to drive coin price up. Site needs probably 100 000 users who all uses at least 90$ a year to be worth 9 million and that's total sales (most of the money goes for models.). However coin circulation has to be lot higher to justify 20cent price. If only half of the coins are used before models dump them back to the market, then coin prices goes down. I can't really say if coins are worth 20cent a piece. There are multiple factors that might or might not effect the price. Like will models get their payment everyday, once a week or once a month. (how frequently they will dump the coins.)Or how many buying users site has? I'm not financial advisor, but there sure are risks. Sure coins might be worth even more than 20 cents! No one really knows for sure.

I hate the idea where company just moves all the risks to investors. After coin sell they just burn all the coins, so after that coin price doesn't matter to them. They take their revenue from models and their coins will always be with market price. So there are no risks. I start to think that cryptos are perfect way to make a company with other peoples money. You own your company and you don't need to share your revenues. All those investors just have some tokens that might have some random value. if they end up to be worthless it's was just investors money that went to drains.
 

Interesting project. But I have one question.

So there is 5 000 000$ hard cap in token sell and coins are 0.20$ a piece? So total coin cap would be 25 million tokens? However white paper says "During the token sale, 120 million LIVE will be available for purchasing." So that makes me little bit confusing?
Also during first sale, tokes where only 5 cent a piece. (1 million hard cap, so 20 million tokens in the market right now?). I feel this makes 20 cent tokens really expensive.  What happens when market opens and those 20 million coin owners want to cash out their 300% gains? Specially if there is 5 million hard cap and only 25 million coins are sold in second phase. Then half of the coins are 5 cent ones.

Project is great, but I'm not sure if I should buy tokens with 20cent a piece.

So which numbers are wrong in whitepaper? (I hope it's 0.2$)

"The token sale (January 2017 - February 2017).
During the token sale, 120 million LIVE will be available for purchasing.
Soft Cap - $ 500,000
Hard Cap - $ 5,000,000
Cost of 1 LIVE = $0.20"

Personally I don't see any reason to invest coins like DMD.. low volume which is easy to manipulate. Price that has fixed and would dump if people starts to sell. Probably all the buyers are same people that already have masternode or close to get one or second one. Buying those few extra coins from market etc. There are so many better coins! Example like Phore.

I agree that holdin MN long time would make you psychologically invest. I don't have argue that MN are bad or anything. I think MN's are great and they might be the future of the coins. People are more invest if they have masternodes. Problem is the masternode price. It would break or make the coin. If the price is too cheap it could just lead to the point where 99% of the coins are locked and coin is basically useless. If the price is too high it would lead to price cap and low master node count. I feel that 10k phore is just too expensive and it makes it really hard to get 1b market cap. if we get there, then we have 1 million masternodes. It would be just absurd to think that people would keep them. (unless it takes like 5 years to get there so every masternode have time to generates 2x original amount). Sure you have steady income, but investing a million in this bull market could get you second million in a month! Also you probably wan't to take some of your money out! like buying a house or something.

It's simple. If you had million would you buy dash masternode? if not then you would probably sell it for million.
There are multiple reasons to kill the goose. one you could get two goose by killing and selling one, you could get 10 years of worth gold eggs by killing one. Sometimes it's more profitable to kill and sell the goose than waiting next 10 years to get same amount of golden eggs.
It's not why to kill the goose! it more of "it is profitable to kill the goose."?

Don't get me wrong. I really like this project. I really hope to see this project to shine. that's why I wanted to bring out my concern. I would hate to see this project to fail!

Just checked DMD diamond and that coin doesn't look healthy at all. 24h trade is only 160k which is below 10k coins. So 24h trade is less than one masternode! Seem's like really unstable coin which could be below 1$ tomorrow. Selling masternode would dump the coin down heavily. put that in perspective it would be same as dumping 726854 bitcoins to market. Although with bitcoin there would be actually buyers in the market.


Well dash masternode is 1000 dashcoin, if it was 10x more expensive there probably would be a problems. It's has taken lot of time to dash to get where it is. We can also argue that if dash masternode was 10k from the start it might have died long time ago. Second question is if this coins get to 100$ mark in two months would you keep Phore's masternode or swamp it to dash one? Price would probably be the same? Price point at 200$ you could just buy two dash masternodes. This is the one reason why I'm concern. High masternode price is putting cap into coins market price potential and it would lead low masternode count which could kill privacy coin.

Yep this is my biggest concern. Other than that project look very promising. It's just that 1000 phore masternode could have been better solution for long run. Specially when there are only ~12 millions of coins. That would have keep masternode affordable longer time period, make masternode count healthy even if price would be something like 100$ (which is only 1b market cap?). Right now I don't see it could reach that price without reducing masternode counts to really low. Also affordable masternode would have made price go up faster. Now 10$ would probably have been 100$ with cheaper masternode.

Other solution could have been to made 100 million coin supply. (It would have made coin more stable and easier to trade.) In price point higher amount of coins is actually better. It's easier to get high market cap when there are more coins. People are more willingly to buy 10$ coin than 100$ or 1000$ coin. Even if it doesn't matter price wise. Like if you now have 10 000 coins then if supply was 100 million you would now have 100 000 coins in same price. However psychologically it matters. I think it's one of the reasons why example verge is now close to 1b cap and It's not even good privacy coin! (it just look cheap when it's only 5 cent a coin, when market cap wise it's really expensive.)

True, but I feel low masternode count could be an issue for privacy coin? It's true that when there are low number of masternodes then the rewards are better. However when to get those rewards would need milloins of dollars at risk it would be an issue itself. Even if the ROI could be really good the problem would be that very few people even have that kind of capital to invest in first place. Secondly are those who have that kind of capital, ready to invest that kind of money in long run into one coin? Year at crypto world is really long time.

I'm not familiar to shared masternodes.. Do you need to give your capital to 3rd party to participate? Isn't that huge risk? How do you know they don't just disappear after a year? If dev's could code shared masternode options into the walled then it's obliviously different story. If you could just lend your coins to masternode owner (who can't access or withdraw those coins and coins are there only to activate the masternode) it might work out.

This project looks really promising. But I have few questions. How important those masternodes are for the network? I feel that 10k phore might be to high price for masternode. Right now it works perfectly, but if this hits mainstream and coin cap rises to 1-3B. Then those masternodes are worth millions. This could be huge problem. First most average joes probably start to sell their masternodes. Million would be life changing for most people and keeping that amount in one coin might feel too risky. Also there are hackers and other problems that might make people to sell. Secondly new masternodes would be way too expensive to buy, so no new masternodes, unless price dumps a lot.

My other concern is that high masternode price could also make a price cap to this coin. Like even if the coin rises to 10$ (that would be 100k masternode) It might already make snowball effect where most master nodes would melt to the market. dumpin coin back down. If you did buy masternode for 5k then 100k might feel really tempting. Also low masternode count could start to centralize the network which could be a problem.

I feel this is my only big concern about this coin.. Low coin supply and high masternode price could lead only handful of masternodes in long run. Which I feel could be bad for privacy coin?

Thank you prasha2. I got my mail!

I would like to buy one as well (from prasha2). Can you send me instructions please