Quote from: kvb on May 03, 2017, 11:02:16 PM

Hello,

First off nice project but, As a big ethereum ipo investor I can tell you that you are making some mistakes they tried to make and some new, if making that comparison.

1.You are rushing your ICO! Ethereum tried to rush their IPO in february 2014. This would turned out not well. Very good they listened and delayed it for couple of month. I think you should delay your ICO at least for another month not a week as you did. This way you will get much more media attention and get exposure to more potential investors.
2. ICO pricing / distribution model. Ethereum price was 2000 ETH for 1 BTC (1BTC at that price was around $600) this means around 30 cents per ETH. Your price is 1800 BCD for 1 BTC at current price levels of $1500-1600 that's around $0.85-$1+ for every BCD depending on when to buy into this ICO. This is a hard one to swallow considering the following facts:

a. The BIG difference is that Ethereum most of their IPO supply gave to purchasers 83.5%, 8.3% to Early contributors and 8.3% long term endowment fund + You had mining come into the supply equation gradually!
You can look at the details here:
https://github.com/ethereum/ethereum-org/blob/master/public/pdf/TermsAndConditionsOfTheEthereumGenesisSale.pdf

BitCAD instant supply is 100Million from which you allocate only 51% to purchasers. The rest could be considered a free premine that will be given on different conditions to different parties based on your discretion. This is NOT good at all.

b. You aim to a theoretical sell of 51,000,000 BCD / 1800 for 28,333 BTC @ current $1500 = $42,500,000 ? This with a rushed launch? Suppose you sell 25,000,000 BCD...the rest you write that you reserve the right to sell privately to institutional investors. Great! At cheaper price then ICO price? Can you guarantee us they will not receive a better price then ICO investors so these institutional investors don't sell their coins or manipulate the price?

This is very serious you are talking about big money here but as it seems the way you handle this is very unprofessional.

3. Is your project open source? If not this complicates the matters. Are we talking about a privately owned network for public use?

I'm sorry to say but unless you delay your ICO and change the distribution model to something more palatable I will not invest a single $ in your ICO although I would be willing if the above is addressed.

Have a nice day!

p.s Get rid of that logo with the Illuminati eye, it's doing you more harm than good...

28k btc, sounds a dream, btw, some people claimed this project is a scam, if they raise so much fund but without real tech, they will not be successful.