So, you failed to qualify to launch a regular IPO?
As the company manager, I like the idea of selling only 10% of capital, but as an investor, I fear it.
Sorry, but the world already has way too many altcoins, and it would be stupid in a new one which would be restricted to a single project.
No, we didn't fail to launch a regular IPO.
The reason we are doing this is because we want to take advantage of the advanced technology nowadays. We seek to move away from the traditional ways of crowdfunding. Selling stocks cost too many extra fees. We want to create a new way for people to invest in our company.
We are seeking investors who believe in the internet/media industry. Significant investors receive annual report of the company and get a understanding of the company's current and future plans. You are pretty investing in our company. The coins grant you the rights to receive dividend but not voting rights.