Putting in the announcement of a 30x profit for pre-ICO and 15x for ICO investors and 10x on launch sounds too good to be true. Even if you say this is just a forecast, usually this is a red flag.
Do the math for Pre-ICO and ICO only with the "goals":
2,000 ETH x 30 = 60000 ETH
200,000 ETH x 15 = 3,000,000 ETH
That means - just for Pre-ICO and ICO investors, the marketcap should reach 3.6 million ETH ($828 million at current ETH rate of $230) to fulfill those Profit "forecasts".
blocks.explorer, we appreciate you asking this question.
We are making the project with far reaching perspectives and the forecast is based on the long period - at least 2 years. Let's look at the cryptocurrency market now. In 1-2 year period we will see the extensive growth in cryptocurrency capitalization. And the shift into crowdfunding with the use of cryptocurencies is just taking the pace now.
First of all, we are clearly aware of existing crowdfunding problems and are bound to solve them with our platform.
Second, $703 million cap with eth price of 230$ (3.06 million eth) in 2 year-period is very realistic forecast since the cryptomarket is just on the verge of exploding.
Third, we are working on the economy growth analysis (will publish it in 2 days), so that we understand how the price will go.
Fourth, we are building a real long-term working project and we do not focus on the fast speculation returns
And fifth, the preICO price comes with huge, up to 80%, discount so that during the ICO price will already double.
