You won't see that. It will be limited. And you will have to fight to get in (don't know yet how I will handle this, perhaps first come first serve and also a minimum BTC level perhaps 10 BTC). Maybe ~$1 million raise (maybe less, maybe slightly more because I haven't written down any budget yet nor analyzed all the factors). Not $5 - 18 million cashout as other devs have been doing (ETH, LISK, WAVES, etc). It will not be enough to cashout and quit. Look I am age 51 and I see this as the last major project of my career. I am bankrupt. $1 million is not enough for me to retire on. I have much higher expectations than that. I didn't put 4 years of my life into this for $1 million. I was earning (inflation adjusted) $1 million a year back in 2001 with CoolPage. My minimum expectation for my eventual long-term (over many years) cashout is $10 million, but I would like to go for $100 million. I am shooting for a $100 billion market cap social network. If we simply duplicate Ethereum's market cap, that would still be a success any way. I am not going to start pitching that now. Wait until there is a real working system that we can be boast about. Right now this is all just vaporware and I didn't start this thread. Nor did I instigate the OP to create this thread. I was shocked to see this thread. I had no desire to discuss this now at this premature stage.

It is just enough to see the project through to maturity of development. I will earn my cashout on the tokens I will hold (which should be worth a hell of lot more than $1 million by the time we are done). But I really want to refrain from making any predictions about investment or anything like that because runs afoul of SEC regs and I am a USA citizen (unless perhaps we only sell to qualified investors or I can find a proxy to handle the ICO for us who is not a USA citizen, but the more mouths to feed the more waste). Thus you guys can go on writing comments like this and I will simply have to not respond. But my silence won't mean I agree with your comment.

Steem reached $400 million marketcap. I think I have solved the design problems that plagued Steem. How much is fixing Bitcoin's scaling and decentralization worth?



That is a valid skepticism. Frankly I worry about that too. I worry most about my health and its impact on my production (which is why I spent the past week just doing intense sports and barbell and being in the sunshine but now here I am again working allnite and it is 5am here). And I also worry about my age and that I haven't coded a lot since I got ill in 2006. And I worry about the complexity of this project and the management load of all this. It seems quite huge and I wish I was in perfect health and more youthful excess of energy level. And the best way to conquer that is to do action. So that is why I will shut up and generate code. That is a confidence builder in itself. But the white paper was also just as important as the code and I did complete that. So that is already a confidence booster.

But for example whereas Ethereum never had a consensus system design ever locked down ever. Not even now. I have my whitepaper with the design all spelled out in great detail and locked down already.

And before any ICO, I will have something working on a testnet so tokens can be traded immediately after ICO.

So just compare to Ethereum with it's $18 million raise, never had a solid design, too many talkers not enough coders, hyperventilated project, etc. And what was ETH's peak market cap?

Yet Ethereum did have a lot of others helping and they had good marketing. I will get to that later. First we need to have code and a working system. I don't want to start with complete vaporware as Ethereum and others did.



Didn't you profit big on the Ethereum ICO?




It will be different.