btw why do you say 6 mil? isnt that low for a company of over 10 people? i would say 30 is not out of question since even storj are asking for that
People are clearly blinded by this altcoin bubble. Way too much money flew into crowdfunding projects.
Better get back to realistic levels, teams will have to prove first that they are worth these huge amounts of money imo.
https://en.wikipedia.org/wiki/List_of_highest_funded_crowdfunding_projectsI totally agree, but what would qualify them in your opinion? this team has raised money in the real world, built a product, was behind several successful startups and raised in total over 100 million usd for their ventures.
so while i agree people are somewhat blinded I honestly dont think there has been such a strong ICO team so far and a 30 million seems fair, especially if you consider that they put % of that to the contract for liquidity and also going to use some of the funds to pay for some of the first millions transations in the system