What is the min you are seeking for successful ipo terms?
I also want to know before I invest more.
100M is not going to happen and it stand still for 5M.
You mentioned 10M you go, but 7M is that also alright?
This ICO does not have a minimum investment to go.
The project is going forward regardless of how much GAIA is sold in ICO.
If there is a large amount of BTC invested by end of ICO we will be able to
offer more bounties for platform addons and extensions.
We have put the better part of the last three months working on this,
we will continue to do so, none of us is quitting his day Job.
We have chosen ICO method of distribution for a few reasons:
1- mega hash and mining farms are not interested in the success of a project and will dump on the market.
2- everyone will get GAIA at one price 700 SATS so the incentive to sell below is much reduced
3- People spend BTC on rig rentals to mine at a cost that does not guarantee any ROI, where the BTC is better invested in the coin itself.
4- if there is a rush to buy in the next two days, we will assign a portion of ICO funds to hold price from early dumps if any.
5- We have plans to budget the ICO fund as I mentioned in an earlier post.
6- Devs are not going anywhere, we will work on this project because it will generate income from fees of apps/extensions sold on store plus custom rebranding of platform.
Once the wallet is released you will be able to tell right away this is not just another copy paste project. You can also check the wallet running in the video Kondor just made.
Thank You
