Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ColoredChain - Colorful Blockchain Applications Framework | PPoS | DApps
by
ColoredChain
on 21/04/2016, 13:23:36 UTC
Without any trusted escrow it would be really hard to get succeed, put escrow like Lisk and Waves it will make this project more attractive for big investors otherwise it smell fishy and looking like a scam project.
Yes.

Share some points from our side,
ICO is a way to distribute tokens rather than just for funding raise,especially for a PoS project.
ICO with escrow can assure more fund raise like LISK or WAVES did,and certainly will be over speculative,speculation is inevitable,but over speculation is really not helpful to the development of CC,even harmful.

Many PoS projects try to distribute tokens with different ways ,like NXT,IOTA,Ripple,Stellar,and so on,and all of them are successful.

We set a  max funding raise amounts to filter out over speculations,and without escrow to include real supporters and DApps enthusiasts as more as possible,build a real great community.

We hope all of you can read the whitepaper carefully before investing,it's important.