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Author Topic: [ANN][ICO]FRUGALIC  (Read 251 times)
frugalic (OP)
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November 02, 2017, 04:19:00 PM
Last edit: November 02, 2017, 06:05:04 PM by frugalic
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We will be trying to launch a super simple ICO. We do not want to get the ICO structure into totally crazy hocus pocus or stages as this is NO IPO and we DO NOT WANT people to have to have obtained a PhD in ICOs to be able to participate...it seems many of those ICOs sound like that! We are seeking issuing tokens for a project that is essentially next generation ebay or simply put facebook for devices in terms of eCommerce autonomous edevices listings capability. We would appreciate any comments and suggestions- positive constructive assistance is very welcome and we appreciate it enormously (however we may not be able to implement all suggestion and ideas at this point yet so please understand and do not get discouraged). We do not want to make it all about ICO- we want ICO to facilitate the continuation of a great blockchain project rather than get embroiled in a totally obfuscated funding multi-stage multi-marketing multi-issuance multi-speculative nonsense with people that buy it and have no clue why they buy just speculate. We do not want to get people bogged down in ICO technicalities but want ICO to serve the purpose of pushing the great project against huge competitors and we want to prevail on technology and ease of use. We want to issue tokens that may be at a point redeemed for listing fees, final value fees, and carfax like devices history data and we want the token to be used on this network. When we peruse some ICOs their structures are so convoluted and complicated that they
remind us of some of the most obfuscated IPOs and multi-stage marketing schemes that speculators later probably love to invest in...
We want extreme simplicity at its most extreme as we want to continue building next generation ebay competitor that leverages blockchain and autonomous listings for all devices.
We seek simple, honest and reasonable ICO participation. It is high time current todays auction like listing technologies got replaced with autonomous listings and blockchain backend.

More can be found at http://frugalic.com


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