Quote from: Vaelin on February 06, 2017, 06:24:58 PM

Quote from: mtnsaa on February 06, 2017, 06:14:50 PM

Who cares about Poloniex, a place where Pascal coin and ETC pump and dump, shady business all around, you don't even know what they do behind curtains. Kraken has a lot more reputation since they can deal with fiat (in the US) and they listed ICN without major issues.

As for Melon Port, well go ahead an invest in those tokens, you don't even know what's the total supply, they will mint more for expenses...ok. Melonport sounds great though in the long run since the team seems very professional and that can only add value to Ethereum ecosystem eventually, but I don't see the investment there. Tokens are not like blockchain coins/assets which are a integral part of the network itself.

Same for Augur for example or First Blood, you get dividends or profits per transaction, it makes sense to hold them.

That's what worried me. They just said more will be released later, but give no specifics whatsoever. For all I know the ICO is going to be 5% of total coins and my investment will be worth fuck all.

It is an interesting project and I will keep an eye on it, but I would much rather own shares in the platform.

I have no idea why this guy is obsessed with Polo. How many company shares are traded on Polo? None.

EDIT: Just found this discussion on Reddit.

https://www.reddit.com/r/melonproject/comments/5ok42j/melonport_contribution_vs_inflation/

These guys are going to have absolutely enormous inflationary pressure relative to the tokens available at the ICO. They will generate more tokens each year than is initially available to the public at their ICO. It could be a very successful company whilst leaving its initial investors with absolutely jack shit. For it to be a worthwhile investment it would have to grow very large, very quickly.

I agree, seems similar to Lykke, I participated in the ICO without much research, then I saw that basically it was completely overvalued with a fixed price of 0.05 CHF and more than a billion coins, lol, sold instantly back to BTC (which by then started a huge rally before the end of the year). At least those were actually shares in Lykke company and they already have a very nice working product I must say.

But with Melonport, they ask for a lot without anything close to being ready, what do you think it will happen in the meantime from the ICO to 2018-2019? The mother of all dumps! Also like I said, they aim to decentralize Iconomi, so their project is much more ambitious, perhaps in 5 years we can vote to move certain aspects of Iconomi to Melonport as we won't need Cashila to handle it all, but that could take almost a decade to become a reality if at all.