Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
by
LiQio
on 21/04/2015, 12:57:47 UTC
^
Thanks for answering.

From an investors perspective I can only state the following (with some redundancy):

- you clearly overshoot the mark with those ratios, the foundations are way too mighty
- "figures will be made available before the launch of the cryptocurrency in July" -> this is too late as the presale (if we want to call it that) starts in a couple of days
- "Each year, the foundations’ goal is to sell sufficient NeuCoins through private sales or exchanges to fund the following year’s cash needs.", "when NeuCoin prices rise, the foundations may sell additional coins, with the excess cash obtained kept as a “rainy day” reserve" -> nice words, but this is certainly not precise enough for someone giving you money upfront

You demand an enormous amount of trust, patience and devotion from the 100m investors.
A sect could be successful with this approach, but I doubt that a player in a free market ever will.