40-60mil$ ICO start market cap is just a horrible goal. You should aim for 5mil, maybe 10mil max..
I understand if youve been here awhile that seems high.
Think of it under the light where you have a dev that handles the marketing in his own company for Herbalife, Avon etc.
There are already Electroneum ads out on the internet, right this minute, on mainstream news websites for just one example.
This project is much, much bigger than bitcointalk.org.
This is what everyone has been screaming for all along. Marketing, marketing marketing!!
That's what we are getting this time.
And NO, Im not saying that anyone needs 40 million for marketing. My point in mentioning that, is IF we make the goal of 40 million, and have a marketcap when the coins are still $.067 a piece, that will be the optimal situation.
This is the plan for 40 million
And if we raise even half that, many of these things WILL occur.
The dev deals with large multi-national corporations already. One of his friends that has tweeted hes on board is Duncan Logan, the CEO of RocketSpace (Spotify, Uber, etc).
These guys know how to deal with these big players because they already do.
20 to 40 million may seem like a lot, but not when you are setting up a system that can actually do the things they say.
This is a project that has actual plans to make MASS ADOPTION really happen.
Like I said, you go out on the internet and youre going to run into Electroneum. They are not on every site, but they arent joking around either. Keep in mind the token sale isnt even close to these numbers yet, but its going well.
The info I just posted is also on page 1 of this thread.
Check it out for info on what the direction will be if we raise less.
I dont see how it matters if i have been here a while or not..
Asking for $40-60mln+ in a general crowfunding session is waaaay to high, unless you have something VERY unique. Which is a "must have" if you want to reach that high amount..
And i dont need to think of it in any other way than the my way..
The way i see you put it. Those 2 companies require an income for promoting ads(marketing).. So what you are telling me, is that he is paying his own companies for promoting(marketing) his new company?!? And the money used for "Marketing/promoting" Eletroneum, comes from the crowfund, am i right?
All in all. You are a simple "crypto-coin" that promoted the possibility to mine on our phones without overheating or bricking them, which you still only "said" was made possible. But. No released beta/demo or anything out yet.
Also. Every crypto product has plans for "MASS ADOPTION". Basicly 90%+ of every product on earth has that plan..
And how does 1 specific investor-friend have anything to do with this? To me it looks as if this "superstar" investor-friend, who helped a whole lot of other companies reach a market cap above 1 billion dollars. Isnt really investing a whole lot, as he should be since he is worth putting on your frontpage.
Usually the key-investors decides to invest a huge chunk of the total goal compared to the crowd, in bright futured companies, with funding expectations like this one. And i can see that you have yet to reach 1 million dollar funding with 5700+ token sale users. So its not really a bit thing at all..
Although, i did already decide to put a small 0.2 BTC into your little project here. Because i can afford to lose it and i think that you have a fine concept, which in the long run (with alot of hard work!) will prevail and become a big thing in the future.
But after more dig-in and speculation, i somehow became pretty confused if this was a good investment or not.. I think that it would comfort alot of contributers to see something else than a terrible game background showing in photoshop. Instead, maybe having something to work with. A demo, beta, just something else to put our minds to. Because the thought of us paying for basicly nothing else than marketing, already equals a doomed coin in my opinion.
