Quote from: FandangledGizmo on May 30, 2017, 09:10:39 PM

Quote from: Edgemaster on May 30, 2017, 09:24:51 AM

Quote from: torpedo on May 30, 2017, 07:16:57 AM

Hard cap ?
Price per token ?
Telegram group link please .

soft cap 100 million, if sold out before 14 th June,hard cap will be 200mill

Price per token is fixed at $0.05

sorry we dont have a telegram group going , its slack at this stage , slack.wagerr.com

Ok so the absolute hard cap is $10 million. I think it's a good project and will probably invest but...

I would be remiss not to point out that you have got game theory and incentive alignment wrong in terms of your ICO imo. On the one hand you are attempting to encourage word of mouth marketing and the complete sale of each round...

Quote

A progressive bonus system rewards early adopters while encouraging word of mouth marketing and the complete sale of each round.

https://wagerr.com/ico

But on the other...

Quote from: Edgemaster on May 30, 2017, 09:24:51 AM

soft cap 100 million, if sold out before 14 th June,hard cap will be 200mill

So never mind a 1-9% bonus, shareholders could receive a -50% equity deduction if they engage in the word of mouth marketing you were trying to incentivize. As with any project, more funding is usually a good thing but in terms of incentives, you have encouraged complete radio silence from ICO participants until at least the 14th of June.

Having said that it's a good project all round and you may well raise your hard cap very quickly, just pointing out your incentives are misaligned and hopefully there aren't as significant incentive misalignments in Wagerr itself.

We are confident that if there is such demand to exceed 100M coins by then, that 200M will follow rather quickly. And more funding and investors is a virtual guarantee of the project's success so I don't see why you wouldn't support that. After all, you can earn up to a 19% bonus! More Oracles for you. And most importantly, more distribution and funding of a decentralized network such as Wagerr benefits you as an individual investor in the long run more than anything else.

We are not after ICO flippers and traders here, we want a solid base of many long term holders with strong hands that run Oracles.