Almost 50% of funding will literally go to these guys, only 50% will be for the shareholders. So you guys are basically losing 50% of your investment like that. Why are they asking for this much? Also there is no maximum limit in their ICO that will last weeks, this is crazy. They literally set no max but they set a minimum. Development People 22%, General & Adminstrative People 6%, Marketing guy 4%, Lawyer guy 3%, IT Security guy 2%.
37%!?!?!
What type of shit is this?
Look in the WhitePaper they even put all their ETH addresses, what a bunch of shills. Let's all just make a Telegram chat and choose which projects to invest our money in, everyone can invest their money 100%. This is unbelievable, they want you to pay them 50% of the funds and then you guys all come together to decide which projects to invest in with the 50% leftover, hahaha! Let's just make a telegram chat and everyone can keep their money.
Unlimited funding ICO with no max and whitepaper includes all of their ETH addresses, haha! Whoever falls for this, smh!
Sometimes you have to dig deep to uncover the truth guys even if it looks good on the outside. This ICO is a big Red Flag.
Hello AmarO, though I realize that you've posted here just to troll and that you didn't read the whitepaper, I'm answering in the hopes it might benefit someone who is serious about securities. Besides being very rude there is not one part of your post that is based on truth. There is a max cap and the percentages are simply wrong, anyone can verify this by reading the whitepaper. The Ether accounts are in the whitepaper to link them to the members of the B of D who are operating in an anonymous environment (for transparency purposes). Off course a part of the raised Ether is used to fund the development of DCORP and the derivatives exchange, no secret there either..
I would like to invite anyone who is interested in a serious review to read the post on Reddit (
https://www.reddit.com/r/dcorp/comments/6dcsnj/due_diligence_questions_disclaimerwhitepaper/), look at the results of the code review, do a code review yourself or do a background check on any of my team members, as was done several times before.
Those percentages are from the Whitepaper..
Look 50% of shareholders funds are spent on blah blah, then 50% left to invest where ideas will be voted on. So 50% gone and 50% left to invest. If there is an idea I don't like but majority vote for it then too bad for me. Why is it not better for me to just invest in ICOs I trust? Why should I join your organization where I must lose 50% of my investment then vote on proposal investments with the 50% left? Also when you cash out of those projects you dump the coins on the market?