Quote from: uki on January 25, 2015, 10:50:38 PM

Quote from: FaSan on January 25, 2015, 08:42:25 PM

Quote from: RD965 on January 25, 2015, 08:25:35 PM

Ok so then this is an ICO coin, that you all paid 57 BTC or around 14k$ for the devs just like that?

I payed a ICO for buy VIOR coins from the Dev. I payed it cheap and now I'm already up 5x of my investment.

What the Dev doing with his money it's not my business.

FaSan

I believe that some people put their money in the altcoins, not only not knowing the underlying risks, buy also not knowing some investments basics. Rant mode off.
That is exactly the whole point of ICOs, as FaSan correctly stated: in exchange for your BTC you get the coins before they hit the market, and the Dev Team is supposed to deliver the issues specified in the ICO to help increase the value of the coin and thus get you a nice return on your investment.

I believe that already happened here.
VIOR got pretty many, in comparison to any regular altcoins, timely deliveries that were according to the initial plan.
So to me the question, what happened to the ICO coins is missing the point, to say the least.
More correct question is, what are the next development steps and what is their timeline.

+1