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

[techbytes]

I have to agree that the latest change was ill-advised.  What you did was awarded the procrastinators and pissed off your early loyal investors who took the most risk.  Community should have been giving the chance to voice the change.  But what's done is done. 

I invested a good amount of BTC on day one and can overlook all the missteps in the ICO process and just want to see this project launch.  It will be successful and we can all look back at all the posts and have a good laugh.


-tb-

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[BreakoutCoin]

Hello everyone, we did not expect such a negative response to an incentive that we thought would spark more interest.  We can adjust the changes if the community feels strong about it.  

There was not much participation after the level dropped below 5000.  We wanted to offer an incentive for some people that may have been sitting on the fence.  We can cancel the bonus if the existing community that have been with us feels strongly about this.  

The change was meant to be a nice gesture, not in any way was it done out of greed.  We are  already way below our targeted range.  The coins was going to be sold "privately" or through the coin sale.  We thought it wold be cool to offer it to you guys and give a nice incentive before we closed out the first phase.

The change is NOT necessary and if you want it to remain at this level, then we have ni problem with it.  We do understand your point of view.

The way to do it is to release the video now to drive some sales and see what happens.

You changed 2 variables at one time and annoyed everyone who invested on or before the 5500 level.

You are quite right.  We should have taken into more consideration.  We definitely appreciate all the early participants and value their opinion because they assumed the most risk in taking part of our venture.  The idea was more coins were being given without diluting anyone's share (it cost nobody anything, and offered early participants and new alike a final opportunity at the higher bonus before it closed), so it should have been a no-brainer, but you are right, early participants may have a different point of view.  

[Koontas]

I have to agree that the latest change was ill-advised.  What you did was awarded the procrastinators and pissed off your early loyal investors who took the most risk.  Community should have been giving the chance to voice the change.  But what's done is done. 

I invested a good amount of BTC on day one and can overlook all the missteps in the ICO process and just want to see this project launch.  It will be successful and we can all look back at all the posts and have a good laugh.


-tb-

I agree.  I had a chance to speak with one of the founders tonight on skype and I don't believe this was done with any malicious intent.  He answered all of the questions I had about Breakout and made himself available for questions in the future which is greatly appreciated.

It sounds like they've got quite a team put together and when the time is right I'll take a short trip to pay a visit.  We've had a couple bumps in the road, but I think we'll see some exciting stuff here.

[BreakoutCoin]

I have to agree that the latest change was ill-advised.  What you did was awarded the procrastinators and pissed off your early loyal investors who took the most risk.  Community should have been giving the chance to voice the change.  But what's done is done. 

I invested a good amount of BTC on day one and can overlook all the missteps in the ICO process and just want to see this project launch.  It will be successful and we can all look back at all the posts and have a good laugh.


-tb-

I agree.  I had a chance to speak with one of the founders tonight on skype and I don't believe this was done with any malicious intent.  He answered all of the questions I had about Breakout and made himself available for questions in the future which is greatly appreciated.

It sounds like they've got quite a team put together and when the time is right I'll take a short trip to pay a visit.  We've had a couple bumps in the road, but I think we'll see some exciting stuff here.

 

[Koontas]

I have to agree that the latest change was ill-advised.  What you did was awarded the procrastinators and pissed off your early loyal investors who took the most risk.  Community should have been giving the chance to voice the change.  But what's done is done. 

I invested a good amount of BTC on day one and can overlook all the missteps in the ICO process and just want to see this project launch.  It will be successful and we can all look back at all the posts and have a good laugh.


-tb-

I agree.  I had a chance to speak with one of the founders tonight on skype and I don't believe this was done with any malicious intent.  He answered all of the questions I had about Breakout and made himself available for questions in the future which is greatly appreciated.

It sounds like they've got quite a team put together and when the time is right I'll take a short trip to pay a visit.  We've had a couple bumps in the road, but I think we'll see some exciting stuff here.

Koontas. You were wrong. You didn't speak to one of the founders. You spoke to THE founder.

Then he is very modest.

[Koontas]

Have you considered adding Baccarat to the casino lineup? 

[Randy M Kim]

Have you considered adding Baccarat to the casino lineup? 

Already have it !!

[Koontas]

Have you considered adding Baccarat to the casino lineup? 

Already have it !!

Beautiful.  Seems like that would be a big market.

[bitarri]

bitarri, we do appreciate your continued support.  The timeline you are suggesting is incorrect.  We always had the intention to end on the 20th of November.  When the bonus levels were dropping every 48 hours, the block rewards for bitcoin were constantly changing and we made several changes during that time to adjust for the 48 hrs timeline.  Same thing here, at certain times the clock estimated to close on time and others it was too early.  We wanted to keep the end day on the 20th.  Nothing more, nothing less.

As for your whale theory, the goal that we wanted to raise was 700 btc.  We announced early that if we fell short, that we would do a private sale.  There is no rush for a private investor to contact us, because we reserve the right to raise the difference if the crypto community falls short of that amount. This has been known and repeated several times. Hence, there is no need to extend the sale or raise it to appease a buyer.  

The bottom line is this.  We thought it was a nice gift to existing participants and new buyers alike to get a nice bonus before it closed.  Nothing more, nothing less. In truth, we had no idea if there would be any more traction with the change anyways, considering the last week. No additional coins were being created and nobody's share is getting diluted.  We are offering more coins from the original 10m coins we need to sell in order to fund our project.  Nobody is getting hurt but ourselves.  Again, we repeat, this was meant purely as a nice gesture, but got twisted and spun another way.  Anybody that wants a refund, we will refund your btc account after the coin sale closes shortly.

Your response about the timeline is reasonable, therefore my theory is flawed and I've edited my post accordingly.

Let's hope that the investors who took advantage of this last day sale are in this project for the long term.

As much as I don't like the recent price change, I'm glad to see you proactive at raising funds for the ICO. I hope these efforts extend to some serious PR and marketing to increase the number of investors and help the overall distribution of BRO.

[flash11]

Sale ended. What's next?

I see that the re-use Breakout wallet function can still be used. Does this mean that coins can be added to the existing wallets at the rate of 1000 BRO per BTC? Or it is just an error?

[BreakoutCoin]

Sale ended. What's next?

I see that the re-use Breakout wallet function can still be used. Does this mean that coins can be added to the existing wallets at the rate of 1000 BRO per BTC? Or it is just an error?

I would avoid sending any btc or using the re-use wallet tool.  We will have the site down or updated asap.  The 1000 BRO is just pre-programmed for the second phase of the coin sale.

Thanks everyone for participating in the first coin sale.  Considering the current btc and altcoin market, we consider it a success.  There was a few rocky moments and we are extremely thankful for having such a supportive group.  We will do our best to complete the project in a timely manner and reward participants in the first phase that took a leap of faith with us.  We will be very transparent going forward and will continually provide updates on this thread.  Please do not hesitate to post questions on this thread or pm us, we will try to communicate with the community as best we can. 

Sincerely,

Breakout Coin

[JakeThePanda]

The other crypto projects seem so boring compared to Breakoutcoin.  Everything else is just more of the same.  I'm expecting AlmaCoin to be announced at any moment.    5...4...3...2...

[Ryse]

Even though it has already been established, id just like to give my 2 cents. As someone who invested at the 3000 BRO rate, of course I would be glad to have my total BRO increased. But to be all & fair, it would be extremely unfair to initial investors who took the biggest risks. It would only hurt the project in the long-run if the initial investors were 'slapped in the face' for being the ones who believed in this coin and risked more than those who came later. The community vibe would do a complete 180 and of course, that will suck for everyone.

With that said, while I'm disappointed that the hope of my position increasing is crushed, I'm glad that the BRO team once again listened to the community, especially to the early investors in major decision making concerning the crowdsale. I still go by my statement I made some pages back that this crowdsale would've been much more successful had the total time been 10 days or less as opposed to a month. But then again, throughout the month the ICO was open, reading back through the pages, I could see that the BRO team were actually people who listened to the communities opinions and made the necessary changes proposed by the community. That's definitely rare in the crypto scene.

This project is obviously in the very early stages, and reading back, it's pretty obvious here that there aren't really any deluded quick-profit investors around, or at least they haven't been vocal at all. I hope the BRO team continues to be involved with the community as they have been.

[blue_wave]

The other crypto projects seem so boring compared to Breakoutcoin.  Everything else is just more of the same.  I'm expecting AlmaCoin to be announced out any moment.    5...4...3...2...

+1

[junglist.massive]

so what's now?
any timeline? when platform will start? what can I do with my BRO?

[jibble]

Even though it has already been established, id just like to give my 2 cents. As someone who invested at the 3000 BRO rate, of course I would be glad to have my total BRO increased. But to be all & fair, it would be extremely unfair to initial investors who took the biggest risks. It would only hurt the project in the long-run if the initial investors were 'slapped in the face' for being the ones who believed in this coin and risked more than those who came later. The community vibe would do a complete 180 and of course, that will suck for everyone.

With that said, while I'm disappointed that the hope of my position increasing is crushed, I'm glad that the BRO team once again listened to the community, especially to the early investors in major decision making concerning the crowdsale. I still go by my statement I made some pages back that this crowdsale would've been much more successful had the total time been 10 days or less as opposed to a month. But then again, throughout the month the ICO was open, reading back through the pages, I could see that the BRO team were actually people who listened to the communities opinions and made the necessary changes proposed by the community. That's definitely rare in the crypto scene.

This project is obviously in the very early stages, and reading back, it's pretty obvious here that there aren't really any deluded quick-profit investors around, or at least they haven't been vocal at all. I hope the BRO team continues to be involved with the community as they have been.

I am an early first hour investor.

The moving up the investment to a higher amount per btc is the better move instead of leaving it so low like it was, it's fair to give an advantage to early adopters but not to the amount they had it at, jesus christ over 100% bonus while still in the first stage of a 2 stage IPO that might have a private sale

most Alt coins have done jack shit all month so i didn't really risk anything by depositing sooner. might of saved it considering the alt coin climate currently

It was a huge crutch in the earning potential of the coin as proven with the very shortly after rise in interest when it was made into a more reasonable priced coin for someone who is still a first stage adopter of the coin.  

The amount i bought at was 6600 , well it was 6000 to begin with now its more than to begin with technically, but i would find it highly unfair anyone saying "this is so unfair, they deposited money after me and get less than me but its not low enough compared to how much i got they shud get even less than they got" that's when it would border on childish behavior i think.

them getting less than me is understandable but me having any ability to determine or even judge just how much less they get is just far too bias and unfair that it shouldn't ever be done.

[Ryse]

Even though it has already been established, id just like to give my 2 cents. As someone who invested at the 3000 BRO rate, of course I would be glad to have my total BRO increased. But to be all & fair, it would be extremely unfair to initial investors who took the biggest risks. It would only hurt the project in the long-run if the initial investors were 'slapped in the face' for being the ones who believed in this coin and risked more than those who came later. The community vibe would do a complete 180 and of course, that will suck for everyone.

With that said, while I'm disappointed that the hope of my position increasing is crushed, I'm glad that the BRO team once again listened to the community, especially to the early investors in major decision making concerning the crowdsale. I still go by my statement I made some pages back that this crowdsale would've been much more successful had the total time been 10 days or less as opposed to a month. But then again, throughout the month the ICO was open, reading back through the pages, I could see that the BRO team were actually people who listened to the communities opinions and made the necessary changes proposed by the community. That's definitely rare in the crypto scene.

This project is obviously in the very early stages, and reading back, it's pretty obvious here that there aren't really any deluded quick-profit investors around, or at least they haven't been vocal at all. I hope the BRO team continues to be involved with the community as they have been.

I am an early first hour investor.

The moving up the investment to a higher amount per btc is the better move instead of leaving it so low like it was, it's fair to give an advantage to early adopters but not to the amount they had it at, jesus christ over 100% bonus while still in the first stage of a 2 stage IPO that might have a private sale

most Alt coins have done jack shit all month so i didn't really risk anything by depositing sooner. might of saved it considering the alt coin climate currently

It was a huge crutch in the earning potential of the coin as proven with the very shortly after rise in interest when it was made into a more reasonable priced coin for someone who is still a first stage adopter of the coin.  

The amount i bought at was 6600 , well it was 6000 to begin with now its more than to begin with technically, but i would find it highly unfair anyone saying "this is so unfair, they deposited money after me and get less than me but its not low enough compared to how much i got they shud get even less than they got" that's when it would border on childish behavior i think.

them getting less than me is understandable but me having any ability to determine or even judge just how much less they get is just far too bias and unfair that it shouldn't ever be done.

The thing is, this was literally a last minute consideration. When I bought in at the 3000 BRO rate, I got in full well knowing how much I would get in return. Did my research & participated in the crowdsale. Albeit a bit later than I would've preferred but no one is to blame but myself. From what I've gathered reading back, the crowdsale terms were adjusted early on for various reasons. Then the new terms were set in stone. The remainder of the crowdsale goes accordingly, then last minute you're going to change things again? No sorry. It doesn't seem right whatsoever. These decisions should've been established early on, actually, even before the crowdsale began. Good changes were made along the way it seems, but a last minute change again wouldn't be favorable. The whole changing stuff around constantly is only going to make the BRO team indecisive & as I mentioned, it will only hurt everyone involved. I understand that they wanted to collect more BTC..of course, thats a no brainer. But again, I think their biggest mistake was the duration of the crowdsale being too long in an already bearish market.

[JakeThePanda]

I am an early first hour investor.

The moving up the investment to a higher amount per btc is the better move instead of leaving it so low like it was, it's fair to give an advantage to early adopters but not to the amount they had it at, jesus christ over 100% bonus while still in the first stage of a 2 stage IPO that might have a private sale

most Alt coins have done jack shit all month so i didn't really risk anything by depositing sooner. might of saved it considering the alt coin climate currently

It was a huge crutch in the earning potential of the coin as proven with the very shortly after rise in interest when it was made into a more reasonable priced coin for someone who is still a first stage adopter of the coin.  

The amount i bought at was 6600 , well it was 6000 to begin with now its more than to begin with technically, but i would find it highly unfair anyone saying "this is so unfair, they deposited money after me and get less than me but its not low enough compared to how much i got they shud get even less than they got" that's when it would border on childish behavior i think.

them getting less than me is understandable but me having any ability to determine or even judge just how much less they get is just far too bias and unfair that it shouldn't ever be done.

Just to play devil's advocate here.  While I mostly agree with your point, posting a video of actual working software is a significant piece of information that steps the project up another level.  The video shows just how close they are to a client ready application.  Being from the online poker world, I understand that it costs a significant amount of time and money to make this kind of software and from the look of it, it's probably already better than the software of most other poker sites.  In today's alt-coin universe with 99% of the coins being scams and broken promises, a video of functional software is a mountain of positive information that can be used to make an investment decision and warrants a significant increase in price compared to everyone that invested before it.

That being said, I understand both view points and respect whatever decision is made by the Breakout team.  Of course, I won't be complaining about extra rewards for early investors.  

[ciprian220]

What i can do with my BRO? i can only check my balance...

[ShiftyTripster]

Hello,
It would be nice to get some email updates or something besides just posts here when news comes out. Perhaps a weekly  newsletter for investors. I am an early investor at 6000 per BTC. And granted i have been ill and not keeping up here as I should the last few weeks. I was glad to see the Instant Poker Demo video. I am reading page after to page to try and get caught up on exactly what is happening. I have a general idea. And I am used to doing this but I think it would be beneficial to have a newsletter and then point people here for discussion.  Just a thought.
If you have a recap of exactly what the incentive change was..? I really do not have an opinion as of yet. Not an informed one anyway. Thanks!

Hello everyone, we did not expect such a negative response to an incentive that we thought would spark more interest.  We can adjust the changes if the community feels strong about it.  

There was not much participation after the level dropped below 5000.  We wanted to offer an incentive for some people that may have been sitting on the fence.  We can cancel the bonus if the existing community that have been with us feels strongly about this.  

The change was meant to be a nice gesture, not in any way was it done out of greed.  We are  already way below our targeted range.  The coins was going to be sold "privately" or through the coin sale.  We thought it wold be cool to offer it to you guys and give a nice incentive before we closed out the first phase.

The change is NOT necessary and if you want it to remain at this level, then we have no problem with it.  We do understand your point of view.