Need to put in the OP what the IPO BTC will be used for...
unfortunately it looks like it's not going to reach 30BTC
Then I suppose the ones who did contribute in the IPO would really benefit from this. They will get the benefit of the entire 30 BTC.
Not really, in the Old thread he stated the IPO would be used for:
1 BTC to contact Bittrex join.
10 BTC to donate or vote on Mintpal, Poloniex.
10 BTC will buy the Teddycoin continually until the price is stable
5 BTC for web server maintenance cost, etc
4 BTC to pay developers,including me, graphic, marketer
If he only raises 1-2BTC he wont be able to do any of the above, plus all the coins in the hands of 10-15 people doesnt really help ...