it's buying the crowdsale that has me pausing. Because that part of the product won't be delivered when I pay them. That part is promised to be delivered in the future.
The project is solid but I don't think it requires ICO, they should have just decided to start charging for the service their bots is providing. I really don't see value in holding this token
right now youre just selling the product, what reason do i have to "invest" , what will i get except a right to use ur product. thats a little less, a real investor would always want more.
hmm almost was going to buy the ico but if gonna be charged .01btc a month after ico then don't see the reason to invest. The bot does look good though. Wish you luck!!
You don't have to invest to be able to use the product after. In fact, you don't even have to pay anything to use the bot now and in some capacity later when we introduce subscription and the free tier.
What's the motivation to invest now then?
We are running this token sale
to fund further bot development and also to fund other things that we want to do (see
roadmap). Of course we don't have what we want to do in the future yet, but that's entirely the point of this sale — to secure funds to get us there. Isn't it why projects do their ICOs?
We put our project forward, invite everyone to try it out and see if it's working for them and if our vision is worth investing. Without extra funding we won't be able to operate on a larger scale and as fast as we would like to. For example, we think that social trading platform for alts has lots of potential, but it's times bigger commitment than the bot beta, so we would like to probe the interest in that as well and ask for help in developing it in the form of crowdfunding.
On a practical level, how will you benefit from buying and holding the tokens? If the token price rises in BTC, if you subscribe to our services, you will pay less and less fees with your tokens over time, because we plan that the token price in BTC will rise, so essentially by buying tokens early you get bigger token stash to pay for subs longer for the same price in BTC.
Or you will be able to sell tokens on exchange and profit from your investment. Or both. Why do we think the price will be higher? Because we will increase demand and decrease supply of tokens over time. Please see
our reply to Storm_Guardian_N7, where we discuss that in details.
so the token has no real use and is pure speculation, very sad to hear.
i know alot of icos "do it that way" atm, but the ico bubble will burst at one time if people will go on like this. and actually no, this is not what an ico is (collecting funds) traditionally, if i invest in ur company before youre big scale i get 1-15% of ur company depending on my investment.
now icos do it different they have alot of investors, but atleast some of them are giving every token holder a small % of revenue or other bonuses, youre openly admiting that the only benefit of buying ur token is to speculate its price increase. thats pure speculation.
the roadmap doesnt even adress the tokens.. im shocked people buy into this deals..
