As promised, I'm back with my verdict if I'd invest or not based on my own sentiment and the answer is no. Another reason against the false assumption of a guy here on the forums accusing new accounts to shill for this project.
Nobody thinks you're shilling, relax.
Something doesn't feel right, I don't know what, but it's also related to the 2-year contract when you bought over cap and since its cap is unknown, this is a risk, as I've said, I need to have liquid currency for an upcoming venture capital.
You misunderstand.. your BNT won't be locked up if you invest after the hidden cap is reached. They simply say that IF the hidden cap is breached within the first hour, the extra ETH capital (not your BNT) will be distributed as follows:
- 20% to BNT Ether reserve
- 80% will be locked in a smart contract for 2 years and used to buy BNT if the price falls below the ICO price. After 2 years the remaining ETH will be distributed according the initial ICO terms.
This is advantageous to you as an ICO investor, minimizing the risk of the price falling below ICO price.
Wow that is awesome. Well one remainging risk is of course that the ETH price falls. But at the moment this seems very unlikely.