I first became aware of R3D earlier today. Stoner and the development team strike me as being keen enthusiasts in new, cutting edge technology rather than staid, financial counter-casters. They may have plucked their figures out of the air as ballpark estimates, or they may have costed down to the nth degree. I will say this though:
- I'm well-used to creating business plans and cashflow forecasts to put before potential investors. My experience is that the more detailed you are; the more danger of someone 'stealing' your blueprint, or gazumping what you are trying to achieve;
- The R3D team seem to be established, well-respected members of the altcoin world;
- Maybe the R3D team are thinking of consolidating the legal aspect of their operation, purchasing banks of servers, marketing in specific ways etc. etc. - as well as development, including the hiring of specific talent to undertake specific, sensitive assignments; ... and are requiring the investment to accelerate quickly into the big-league;
- Perhaps they are thinking of novel applications of interest to big business ... etc. etc.
... whatever.
We have asked questions. It looks like the R3D team have been as candid as they are prepared to be. It's right to express an element of caution.
With some reservation and based on my impression ... I'm in!
yup, that's why I feel this is different from other projects out there. This is not POS or strict POW generating coin from thin air to dump at the exchanges. This system is designed to reward those who start their own sites and also those who like to provide content to those sites. It also makes it more expensive for trolls to do their thing, unless they are baller trolls and put their money where their mouths are.