Quote from: NotMyFarm on October 20, 2016, 02:05:40 AM

Quote from: cebb on October 20, 2016, 01:34:55 AM

All depends on how many BTC are raised. If it is a bloated ICO raising anywhere > 10K BTC there will be little return for ico investors.

For ICO investors to have massive returns the ICO has to raise < 10K BTC.

I miss the old days when ICO lasted for only a week or were limited to a reasonable amount of BTC. Currently every noob know about every ICO and there are no buyers left when the coin hits exchange a week after finishing ICO.

excuse me but 10k BTC ?
talking of 6.400.000 US$
come on , what are u guys trying to build ? a new internett or a new currency ! i would take this a notch down, ICO is supposed to get a project started - not a funding until 2030 + new ferrari for the Dev Team !!

Quote from: cebb on October 20, 2016, 02:21:07 AM

Ethereum raised 18 million USD in ICO.

Is Komodo developing something novel like ethereum? Why does it need 30K BTC or 18 million USD just to patch up ZCASH protocol on bitcoin blockchain using notary nodes?

The greed is strong with this Dev!!

Quote from: jl777 on September 07, 2016, 01:35:48 PM

It depends on what level of the project you mean. There are the mission critical parts, like paying for bitcoin fees and notary nodes.

1000 would be enough for a reduced bitcoin notarization frequency and smaller number of notary nodes, but not a lot of development.

5000 would allow to have the fastest bitcoin notarization frequency, all 64 notary nodes and staff up a group of C coders and GUI devs fulltime for some years

10000 would allow having many LP nodes all fully funded for the lowest trading spreads and many liquid trading pairs

Above this would allow a warchest that can make opportunistic trades, arbitrages and other means to generate working capital and set up a very long term organization of the above. Along with some large scale marketing. Of course, even at the lower funds raised we will be doing marketing, but with a limited budget.

This has been answered before.