Heardbeats Pre-ICO started with 50% bonus. Opinions?

[tzegian]

Hello, Pre-ICO just started, 50% bonus for about a week.

Total supply: 110 millions
ICO price: 0.45$ per token (with bonuses it gets much lower)
Waves platform

I have met their team and they seem legit, just a bit back in terms of hype. But I really love their idea and their project. Live concerts in VR and the ability to watch a concert from your home.

Also there is a referral system for Pre-ICO and ICO.

ANN thread is here:
https://bitcointalk.org/index.php?topic=2350302.0

And bounty started just yesterday:
https://bitcointalk.org/index.php?topic=2350345.0

Thoughts?

[beetlejam]

I am always weary of ICO's that are willing to give out 50%, seems like they don't actually value their token at all.

[KandarOS]

I am always careful where i invest my crypto. I hear your point...

BUT did you have a look at the white paper? They have a solid plan and a clear roadmap.
More over the idea is just DOPE!!! 
This is an idea that frees mucic events worldwide!
Count me in! 

[CarlJohnson89]

I am always weary of ICO's that are willing to give out 50%, seems like they don't actually value their token at all.

It is more about stimulating early adopters. I wouldn't see it as giving away tokens that they don't value. I would rather see it as giving a lower price to early adopters. This way they have a big community backing it already from the first days/weeks of ICO. This worked very well for Electroneum, as sales increased massively everytime a certain bonus percentage was expiring. I expect the same to happen for Heardbeats as there is a very solid projec that is backed by a great proactive team

[BartS]

I am always weary of ICO's that are willing to give out 50%, seems like they don't actually value their token at all.

It is more about stimulating early adopters. I wouldn't see it as giving away tokens that they don't value. I would rather see it as giving a lower price to early adopters. This way they have a big community backing it already from the first days/weeks of ICO. This worked very well for Electroneum, as sales increased massively everytime a certain bonus percentage was expiring. I expect the same to happen for Heardbeats as there is a very solid projec that is backed by a great proactive team

But 50% as a bonus is going too far, I could understand 10% or even 20% but to go that far it really gives the impression they want to grab as much money as they can and do it fast, after all if they were so sure about their project they will not need such bonuses, and about the idea I think this is something novel and that is always a good thing but I do not know if it is going to work.

[AyaYotoko]

bonus of 50% on tokens is a red flag to me and to other people here. I personally dislike that kind of strategy, if you trust your project well you trust that you will get the cap you need.

[fatenmo]

I am always weary of ICO's that are willing to give out 50%, seems like they don't actually value their token at all.

50% sounds way to high, i could understand 20%  but not that.... Scam perhaps ?  what does the whitepaper say, any website available. Reply with a link pls!

[CryptoCactusATX]

Definitely not a scam friend I have already purchased vis the pre-ICO sale and have my tokens!

[CarlJohnson89]

I am always weary of ICO's that are willing to give out 50%, seems like they don't actually value their token at all.

50% sounds way to high, i could understand 20%  but not that.... Scam perhaps ?  what does the whitepaper say, any website available. Reply with a link pls!

Here you go: https://heardbeats.com/docs/heardbeats_whitepaper.pdf

I think the bonus tokens is just a marketing trick, but I see your point. The effort put into whitepaper and website does definitely not make it seem like a scam to me.

[enhu]

Isn't this a blatant spam? You can always respond to the ANN thread to make sure the project will be exposed to the investors in the forum.

I'm a fan of waves platform which I always want them to succeed. There are just not so much volume to their DEX even to their best token. Whats best for the team who prefer to use the waves platform is to develop their project first before having an ICO.

[BartS]

I am always weary of ICO's that are willing to give out 50%, seems like they don't actually value their token at all.

50% sounds way to high, i could understand 20%  but not that.... Scam perhaps ?  what does the whitepaper say, any website available. Reply with a link pls!

Here you go: https://heardbeats.com/docs/heardbeats_whitepaper.pdf

I think the bonus tokens is just a marketing trick, but I see your point. The effort put into whitepaper and website does definitely not make it seem like a scam to me.

The effort put in the white paper or the website is not enough, the most important thing is the effort put in the project itself, if there is not a demo available you should always be suspicious about the project, scammers are learning and are refining their techniques and they are getting better at scamming people that is why regardless of that a 50% bonus is a huge red flag.