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1  Alternate cryptocurrencies / Altcoin Discussion / How much will cost us one successful ICO product (startup)? on: October 19, 2017, 11:19:20 AM
Have you ever thought about how much will cost us in the end one successful ICO product (startup)?
I did and I can't sleep now))

Let’s start from definitions.
ICO is a way to finance something which uses blockchain technology.
That something is a group of people which come together for some business idea realization.
So it’s a startup yeah? technological startup, doesn’t it?
Good news! So it’s not some strange animal anymore it’s something that we deal with for tens of the years.
We know a lot about startups, and we know that the crucial factor for successful startup is a team quality not the idea or technology quality.
So we should worry about the ICO team performance/metrics much more than a technology actually – how they can work together, do they have complementary competences, how they can hold a pressure and so on and so force. By the way all of these you can’t purchase for money or get quickly. But we don’t.       

Let’s translate into numbers what it can cost us.
SEP was a great month for ICO’s - $850M for 37 projects (according to Bloomberg , they count meaningful I think) so, $23M per project.
In a venture funding terminology most of the ICO startups are on the seed stage.
So, average venture seed round is $1M vs. average ICO in is $23M.
You understand what I mean?
Statistically ~99,5% of startups are unsuccessful, it’s a fact.
So, one successful VC financed startup cost us (economics) – $200M.
But one successful ICO financed startup will cost us 23 times higher – $4,6B, yeah incredible $4,6B.
That’s just not effective!!!
2  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][PRE-ICO][EMOZ] - "Hive ICO model" experiment. Concept verification! on: October 18, 2017, 03:55:04 PM
Problem:
- Average poor quality of ICO projects.
- High percentage of SCAM ICO projects.
- Regulators pressure as a result.

Goal:
To test more effective ICO model.  

One sentence Hive ICO model explanation:  
Multiple teams /step-by-step /cost effective /selective /hive ICO model.  
Multiple teams – several teams running ICO with one token.
Step by step – funding is tied with roadmap milestones execution.
Cost effective – limited teams budget $100K pre-ICO, $1M round A.
Selective – successful teams proceed to the next round.
Hive – one platform for productive teams (hives) and individuals (bees).

ICO map:
General:  100M experimental tokens totally.
10M tokens reserved for the system needs.

PARENT ICO (10% or 10M tokens): started now.
Purpose – concept verification, Hive ICO model development.
Goal: $0.15M, fixed price ~$0.015 per token.
Allocation – 100% system maintenance financing.

Pre-ICO (10% or 10M tokens): DEC 2017.
Purpose – initial teams (hives) and individuals (bees) financing.  
Goal: $1,5M, recommended price $0.15 per token.
Allocation – 70% hives/20% bees/10% system maintenance financing.

Round  A (10% or 10M tokens): FEB 2018.
Purpose – development teams (hives) and individuals (bees) financing.
Goal: $15M, recommended price $1,5 per token.
Allocation – 70% hives/20% bees/10% system maintenance financing.
Multisig wallets for hives.
Clear roadmap.

Tokens purchasing:
Token – EMOZ.
ID - 4dT5JtL7LMziM8uUmdqfVAVLdDLmWevkDyZD2TXAm9QW on the Waves platform.

Fixed PARENT ICO price 1 EMOZ=0.000003 BTC.  
1.   Go to the wavesplatform.com.
2.   Install the “Lite Client”.
3.   Deposit assets and convert it to BTC (you additionally need 0,003 waves fee per order).
4.   Go to the DEX area.
5.   Create BTC/EMOZ buy order.

Disclaimer for PARENT ICO:
Token is not an asset.
Token will not be redeemed.
Token is not related with any company.
Token is not related with any kind of profit receiving.
No website, no advertising, no bounty, no founders, no escrow, no whitepaper.
Purchasing of the experimental token consider as a donation for the experiment and nothing else.
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