Forum Question Responses:
Boomcoin is already here. 5% discount doesn't justify to create or use a coin? When the promotion ends for HASH and the website goes live to the public for retail orders, Customers will save tremendously from paying in Boomcoin. If the discount was more then 5% it would not be able to pay for the hardware. Please read the white paper in detail. Thanks
So you are only making 5% on the price of $3,985 ($200) or $7,499 ($375)? If this is like any profitable business you will be making at least 10-15% but more likely 20-25%.
What other role does Boom have in the bigger picture here? Anything other than 5% discount on equipment that will be at least a year out? Are there any new things coming to Boom?
Posted in the Cleverhash ANN
So that's 16M USD in crowd funding: To pay for Asic development, BOM, NRE ect, and to deliver on the above stated hash benefits, 4,000 units will need to be sold to the public during the retail sale. We believe this is a conservative goal and is achievable. If we do not sell enough units to the public during our sale, then the retail mining customer will be refunded.
So the retail mining customer will be refund but those of us that bought the $1,000,000 ICO will be screwed....
Don't you think the better option would be to secure the orders first and then provide the ICO. This way the guys that invested in your ICO will not be screwed over.
So my estimates on the percent of profit is pretty accurate. "If this is like any profitable business you will be making at least 10-15%
but more likely 20-25%." See the quote below. HASH holders will get "
A generous 15% proportional profit share from our retail sale of our hardware"
So, instead of just retailing our units online, we developed HASH. A way for us to give back to the mining community, A generous 15% proportional profit share from our retail sale of our hardware. You will also receive a miner if you have the appropriate quantity of HASH. If you do not have the appropriate amount of HASH. Cleverhash will discount the miner you purchase from the Cleverhash set value of .50 cents per HASH token regardless of exchange prices.
