Quote from: Indamuck on August 25, 2016, 03:42:06 AM

Quote from: mr-whitekey on August 25, 2016, 12:59:52 AM

There needs to be some better discussion about investor benefits down the road. I agree with previous sentiment about lack of communication on this topic. If I buy this token, when and what % of returns can I expect proportional to my stake? I realize the investment may not pan out, that nobody can predict returns, yet if there are profits in the future when can we expect profit sharing and how much?

Serious answer here: I think this venture is so speculative, it is all but impossible for the founding team to be laying that out at this stage. We just have to accept that it is an extremely speculative investment, with no promises attached. Do they even have any revenues at this point? Any clear expectation of what revenues expectations are realistic? I don't see how they could ...

That aside, even Warren Buffett bet on penny stocks, even loaded up at times, when he was working with a very small bankroll. If you look at this as an extremely speculative penny stock, and then invest in a select basket of them, I'd think you would do fairly well. Too much digging into funnymentals could just get in the way of a sound investment strategy.

I see your point, I should not expect too much given the extreme unknowns. Yet, they are asking for ALOT of faith that they will honor those who funded their hard work. With stocks you know the game and there are established rules. There are certain legal measures share holders can take if the management is not acting within the share holder interest. What I love about these is that I don't have to have millions just to participate in an ICO, but I also need to know where I stand when and IF this project makes it barely or makes it big. As of now they have no plan that they have made public other then vague "profit sharing" promises. That worries me. I am not one to call them scamers, I want to believe in them and help them, I just need to know what the plan is. If they are ready to ask for $20 million+ they should be ready to explain how they might distribute profit in an equitable manner should that ever arise.