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

[JakeThePanda]

It saddens me to see BitBay coin ICO raise 1300+ Bitcoins in just 48 hours, a coin with a couple of anonymous Devs who contracted a known programmer (David Zimbeck):

https://bitcointalk.org/index.php?topic=850267.0

Running the ICO on Bter.com must be the reason why so many people are throwing their money to that ICO, because BitBay is still nothing more than a marketplace idea with non-existing user base.

OTOH, ICOs that swallowed too much funds like Ethereum, tend to make development become stagnant while Devs sit on ICO money forever, to the point that other coins like CounterParty recreated the entire Ethereum, making it obsolete and giving their ICO investors heart-attacks.

BitBay? Lol
Just another "dev" team buying their own ICO to attract some more "investors"...
Call that 80% premine owned by the that team alone.

Don't mind that...that's the reason why big ICO which have been sold fast are going down unde ICO price so fast and never recover...
Take SuperNet for example. Price is going down so fast for "no reason". Seems like it's owned mostly by inside "investors"

Anyway, it's an old game

Agreed...

My point is that hosting a coin sale on an internationally well known exchange like Bter.com has allowed BidBay to attract investors from all around the world.

Breakout team is certainly much more trustworthy than most exchanges, however, Bro Devs should probably start a coin sale on Bter for the remainder of funds needed and to attract more attention from media and investors, before launching the BRO coin.

Hosting the ICO on an exchange probably prevents the distribution of Bergstake.  

Maybe they can create the genesis block and distribute to us our coins w/Bergstake.  Burn the remainder of the Bergstake from the 10mm ICO as a reward for being early investors then sell the remainder of the 10mm coins without Berstake on BTER for like a 5 day period or so.  But, only do this after beta software is released.  Whatever coins aren't sold on BTER get burned.  

[Ryse]

Just invested my spares into BRO. Best of luck to the project. Liking what I see so far.

[LovSan]

It saddens me to see BitBay coin ICO raise 1300+ Bitcoins in just 48 hours, a coin with a couple of anonymous Devs who contracted a known programmer (David Zimbeck):

https://bitcointalk.org/index.php?topic=850267.0

Running the ICO on Bter.com must be the reason why so many people are throwing their money to that ICO, because BitBay is still nothing more than a marketplace idea with non-existing user base.

OTOH, ICOs that swallowed too much funds like Ethereum, tend to make development become stagnant while Devs sit on ICO money forever, to the point that other coins like CounterParty recreated the entire Ethereum, making it obsolete and giving their ICO investors heart-attacks.

BitBay? Lol
Just another "dev" team buying their own ICO to attract some more "investors"...
Call that 80% premine owned by the that team alone.

Don't mind that...that's the reason why big ICO which have been sold fast are going down unde ICO price so fast and never recover...
Take SuperNet for example. Price is going down so fast for "no reason". Seems like it's owned mostly by inside "investors"

Anyway, it's an old game

Agreed...

My point is that hosting a coin sale on an internationally well known exchange like Bter.com has allowed BidBay to attract investors from all around the world.

Breakout team is certainly much more trustworthy than most exchanges, however, Bro Devs should probably start a coin sale on Bter for the remainder of funds needed and to attract more attention from media and investors, before launching the BRO coin.

Hosting the ICO on an exchange probably prevents the distribution of Bergstake.  

Maybe they can create the genesis block and distribute to us our coins w/Bergstake.  Burn the remainder of the Bergstake from the 10mm ICO as a reward for being early investors then sell the remainder of the 10mm coins without Berstake on BTER for like a 5 day period or so.  But, only do this after beta software is released.  Whatever coins aren't sold on BTER get burned.

I think better lo leave everything as it's going, but next phase host on exchange, after it's done, spare coins always can be sold to VC or private investors. Burning is good, but here I don't see it an option, it's another tier project.

[JakeThePanda]

I think better lo leave everything as it's going, but next phase host on exchange, after it's done, spare coins always can be sold to VC or private investors. Burning is good, but here I don't see it an option, it's another tier project.

Well, they need to at least think about burning the Bergstake.  They can't let one entity control that much Bergstake, which is what will happen if a VC scoops up the remaining coins.  A VC is going to be more interested in an actual stake in Breakoutgaming anyway.

[LovSan]

I think better lo leave everything as it's going, but next phase host on exchange, after it's done, spare coins always can be sold to VC or private investors. Burning is good, but here I don't see it an option, it's another tier project.

Well, they need to at least think about burning the Bergstake.  They can't let one entity control that much Bergstake, which is what will happen if a VC scoops up the remaining coins.

Maybe you are right, it depends on how many coins will remain after second phase.

[bitarri]

It saddens me to see BitBay coin ICO raise 1300+ Bitcoins in just 48 hours, a coin with a couple of anonymous Devs who contracted a known programmer (David Zimbeck):

https://bitcointalk.org/index.php?topic=850267.0

Running the ICO on Bter.com must be the reason why so many people are throwing their money to that ICO, because BitBay is still nothing more than a marketplace idea with non-existing user base.

OTOH, ICOs that swallowed too much funds like Ethereum, tend to make development become stagnant while Devs sit on ICO money forever, to the point that other coins like CounterParty recreated the entire Ethereum, making it obsolete and giving their ICO investors heart-attacks.

BitBay? Lol
Just another "dev" team buying their own ICO to attract some more "investors"...
Call that 80% premine owned by the that team alone.

Don't mind that...that's the reason why big ICO which have been sold fast are going down unde ICO price so fast and never recover...
Take SuperNet for example. Price is going down so fast for "no reason". Seems like it's owned mostly by inside "investors"

Anyway, it's an old game

Agreed...

My point is that hosting a coin sale on an internationally well known exchange like Bter.com has allowed BidBay to attract investors from all around the world.

Breakout team is certainly much more trustworthy than most exchanges, however, Bro Devs should probably start a coin sale on Bter for the remainder of funds needed and to attract more attention from media and investors, before launching the BRO coin.

... sell the remainder of the 10mm coins without Berstake on BTER for like a 5 day period or so.  But, only do this after beta software is released.  Whatever coins aren't sold on BTER get burned.  

+100

A five day sale on BTER will certainly bring BreakoutGaming the PR and investors that it deserves, especially if the beta gaming software is released.

[qawzsx]

BreakoutCoin, you MUST be a lot more clear about what's gonna happen with the unsold coins...
There are only 6 more days left...

[junglist.massive]

BreakoutCoin, you MUST be a lot more clear about what's gonna happen with the unsold coins...
There are only 6 more days left...

+1


I suggest giveaway for owners of genesis coins 

[jaybny]

BreakoutCoin, you MUST be a lot more clear about what's gonna happen with the unsold coins...
There are only 6 more days left...

they will eventually all be sold, or they wont be pre-mined.

[JakeThePanda]

If my math skills serve me correctly, it doesn't seem like the below percentages add up to 100%.  Please fix the OP.

Distribution of BRO at launch
13% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
53% - 10 million – Initial Coin Sale, Genesis block + Bergstake
37% 7 million – Giveaways - 2 year distribution schedule

It should be 13%, 51%, 36%

[BreakoutCoin]

If my math skills serve me correctly, it doesn't seem like the below percentages add up to 100%.  Please fix the OP.

Distribution of BRO at launch
13% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
53% - 10 million – Initial Coin Sale, Genesis block + Bergstake
37% 7 million – Giveaways - 2 year distribution schedule

It should be 13%, 51%, 36%

fixed.

Distribution of BRO at launch

• 12.8% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
• 51.2% - 10 million – Initial Coin Sale, Genesis block + Bergstake
• 35.8% 7 million – Giveaways - 2 year distribution schedule

[The Minion]

I bought some. looks like it has decent potential and attentive dev.

[Ge]

If my math skills serve me correctly, it doesn't seem like the below percentages add up to 100%.  Please fix the OP.

Distribution of BRO at launch
13% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
53% - 10 million – Initial Coin Sale, Genesis block + Bergstake
37% 7 million – Giveaways - 2 year distribution schedule

It should be 13%, 51%, 36%

fixed.

Distribution of BRO at launch

• 12.8% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
• 51.2% - 10 million – Initial Coin Sale, Genesis block + Bergstake
• 35.8% 7 million – Giveaways - 2 year distribution schedule

I think's its 51,4 % or 13% or 36% because all numbers added give 99,8... So it lets 0,2%

BreakoutCoin, you MUST be a lot more clear about what's gonna happen with the unsold coins...
There are only 6 more days left...

Yep more informations will be good

[qawzsx]

If my math skills serve me correctly, it doesn't seem like the below percentages add up to 100%.  Please fix the OP.

Distribution of BRO at launch
13% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
53% - 10 million – Initial Coin Sale, Genesis block + Bergstake
37% 7 million – Giveaways - 2 year distribution schedule

It should be 13%, 51%, 36%

fixed.

Distribution of BRO at launch

• 12.8% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops
• 51.2% - 10 million – Initial Coin Sale, Genesis block + Bergstake
• 35.8% 7 million – Giveaways - 2 year distribution schedule

I think's its 51,4 % or 13% or 36% because all numbers added give 99,8... So it lets 0,2%

BreakoutCoin, you MUST be a lot more clear about what's gonna happen with the unsold coins...
There are only 6 more days left...

Yep more informations will be good

Yes, you should not just throw numbers at us if you don't know how many coins will be sold.
Keep it simple...

13% - devs, etc
52% - ico
35% - Giveaways

Transform those into number only after you know how many coins have been sold into ICO.
It makes no sense to have those numbers right from the start. What's gonna happen? Are you going to keep 2.5kk for devs even if you sold 2kk into ICO?
Are you going to say that some "angel investors" magically "bought" the rest of the coins?

This is a big problem with this ICO. I invested some BTC but that's a small amount.
I cannot invest more BTC into this ICO if we can't even have some basic math out there, and I bet a lot of investors are not touching this just because of that alone.

There is no clear information.

Make it simple for example:

- No premined coins, that means we don't know the total number of coins until the ICO ends.
- X% - devs
- Y% - ICO
- Z% - giveaways

As it is right now, gosh a big mess.
I will invest more BTC but I cannot do that at this stage. There is a one big mess which I can't understand at all.

And I don't like this at all:

"However, the amount of BRO, that participants of the "coin sale" are receiving per btc is still ridiculously high.   If Breakout Gaming reaches its targeted goal of 1 million registered users in the next two years, coupled with the need to process millions in "fiat" processing that BG will need to cover reserves for those players by buying BRO.  Do the math and you can see the price of BRO per btc is very attractive, even @1000 BRO per btc."

You state that the number of coins/BTC IS ridiculously high, yet you still have lots of IFS out there.
What IF all those IFS won't happen?

Anyway...give us please some basic math, not some numbers which make no sense.

[brother3]

Apologies for being away so long....

[bitarri]

Just a quick display bug report: I'm not able to see BRO amount or Block number anymore on either Firefox or Chrome, on MAC:

[Koontas]

It's been awfully quiet guys.  How are things coming along?

[barabbas]

4 days left and this is starting to look... not good at all: Still nor working platform or any kind that can be seen and tested, obviously less than half the minimum required amount raised in the ICO (not much more is coming, obviously, a couple NTC at the most... unless we are talking left hand pays the right... and, in no drastic measures are taken and quick, this once promising project will become a disaster.

At this point everyone with any common sense should know that there's no way even 2 million coins are going to be sold. And, equally, there's only one way to rightfully  do this thing: Distribute the over 8 million coins + bergstake among the investors than bought that 1.7 million.... so it will all come to the original -and only good- way of distributing the coin. That has to be announce as immediately as possible and surely would mean quite a rush of new investors wanting to be part of that action. Otherwise, like I said, a disaster in the making.

And it is not early to make those changes, by any stretch of imagination, the clock is ticking...

[starblocks]

Would be great to see this go ahead and I'm not adverse to the idea of a second fund raiser of some sort to help complete the total funding required to proceed as long its fair to everyone

[BreakoutCoin]

Breakout Coin Genesis Sale

Price:

1 bitcoin buys 3,000 BRO