Quote from: Rassah on May 17, 2016, 04:21:35 PM

Quote from: forzendiablo on May 15, 2016, 11:56:48 PM

all u guys do is have no way to incentive so u make extra "token" that u will dump on users in the end

This isn't a "token" like some altcoin or something. This is an actual stake ownership in the company. We are selling 5% of company ownership (the Wallet division), not just random tokens that don't mean anything.

Quote from: whored on May 16, 2016, 01:18:42 PM

Not strictly an "exit scam" tho. Mycelium explicitly states that its digital tokens give you no rights whatsoever, are basically a gift to Mycelium. How is that misleading?

Where do you get the idea that these tokens give you no rights whatsoever? When buying, you have to sign a contract with Mycelium that has a legal binding. It gives you legal rights to any increase in company valuation, and makes the token a transferable contract that grants you ownership rights to 5% of the company (which would go down if you pull your increased valuation cash out, of course).

The whole thing may be moot by now anyway though, since we set a cap of 7,500, and some private investors may have filled it all up by now. We won't update the final amount on the site until we know we have the money.

"private investors" - when compared to what other kind of investors, in the context of an ICO?