[ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies

tx42, thank you for all your important questions.

1. We will ask the Developer if he wishes to provide a PoD from CryptoAsian. PoD is usually required from a coin project where the individuals are not well known. Considering the public figures that are very well known involved with the project, there was not an urgent need for this. But, we will consider this and will request the devs if they would do this for the Breakout Community.

2. There will be ongoing discussion about any leftover coins. Yes, they can be burned along with the Bergstake. We will be communicating with the community closely if and when we get into the situation. All our decisions will take feedback from the community into any final decisions. Why are we confident? We are very cognizant of the current state of the Bitcoin/Altcoin market that has put the "coin sale" in a situation where the expectations are somewhat disappointing. When the coin sale continues, the hope is that with more transparency and advances in the project, coupled with a better mood for "coin sale" participation along with far more expected public awareness, we will instill confidence and attract a wider, more diverse group of participants in the next round. We have recently hired on Transform.pr as our PR firm.

Leftover coins is less a problem with BRO than other coins. Once Breakout Gaming launches, by their using BRO denominated chips and the necessity to buy BRO coins in reserve for all the BRO chips on their platform. There will hopefully be a strong demand for BRO from day one. The attraction of BRO here, is that an International Licensed Gaming company that uses "fiat" payment processing will be required to buy BRO on a daily basis to cover their reserves. If Breakout Gaming gains one million targeted users over the next few years, the amount of "fiat" processing that will be needed to buy BRO in reserve will be in the millions. You do the math.

3. There are several reasons for Breakout Gaming to use a new cryptocurrency as their in-house currency. 1. Using cryptocurrency, there is minimal to zero processing costs and hold requirements. 2. The pre-mined giveaway coins allow Breakout Gaming to use those coins to leverage the maximum registered users, something that "fiat" only gaming companies would need tens of millions or dollars for equivalent player acquisition. 3. The BRO coin has potential for growth for the Gaming Company as their user base expands. And yes, the purpose of a "coin sale" is typically to fund a project, but in this case it has a dual purpose of spreading out the coins to a wide and diverse community as possible/and raising funds.

4. Did answer number three cover this question? Dividing all the remaining coins among a small group would not be healthy for the long-term stability of the network.

Disclaimer: Breakout Coin and Breakout Gaming are two separate services/entities. Breakout Coin is offering BRO coins for btc. By participating in this "coin sale," you are not purchasing interest in Breakout Gaming. You are solely participating in the "coin sale" of a crypto coin that happens to have a gaming company that supports the BRO coin by having their chips denominated in the BRO crypto coin.

As specified in the first paragraph in the Terms and Conditions:

WARNING: Do not purchase BRO if you are not an expert in crypto tokens or currency and blockchain technology.

This coin sale is not an offer of investment or securities in any business, venture, or company, or in any form of gaming operations or activity; purchase of BRO does not entitle the buyer to any interest in any profits or revenue of any common enterprise arising from the activities of others.

	Author	Topic: [ANN][BRK] Breakout Coin \| Sale June 13 2016 \| Multicurrencies \| Smart Contracts (Read 243399 times)
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