What is the distribution of tokens actually like? I assume developers are taking tokens on top of what is recieved monitarily from the presale/ico? Are you doing a presale then an ICO? The ICO details are *not* clear enough. Do you have an escrow, are a % funds locked up for any period of time or do you get all tokens at once?
People are getting burned over and over, and dev teams are going for cash grabs over and over. It is poison to the crypto community. If you are a legit project then please demonstrate that you are doing an ICO properly.
Hi there. Thank you for the substantial questions. Developers do receive tokens in addition to the funds received from presale and ICO. We are doing a pre-sale first and ICO next.
We agreethe issue of fraud in crypto community is poison, but no escrow or locking away funds will solve that problem, as these measures will not prevent people from taking your money and never completing the project. Our project is already different because originally, it was envisioned as an add-on to our hardware product, iCTABLE. Some of us are part of an iCTABLE success story although iCTABLE is hardware, not software. iCTABLE can be seen on trending platforms and is an actual product that you can purchase, and we think such a project can lend enough credibility to our team and signifies our serious approach to all facets of our projects, be they hardware or software.
P.S. Also, please share your own thoughts on how to do a proper ICOany feedback is appreciated.