Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] CombiCoin: the cryptocurrency that is 100% asset backed by the top 30
by
JasonXG
on 25/08/2017, 12:48:11 UTC
a minimum of 10k to participate? That is high risk investment if since we have no proof of a  functional bot that generates profit, setting the two tokens at 5$ a piece seems a bit high as well especially since the model for the coin is focused on stability( wich is good for someone that wants to maintain a slow growing protfolio) but when you say 50% of profits will be distributed to tria holders, is this profit only generated from the "smart contracts"? If so then the only additional profit for this coin is with your smart trading technology, other than a hopeful increase in assets correct? And with Combicoin you imply in the white paper that other coins will come out underneath the parent coin(Combicoin) will these have to be purchased separately or will holders of this ico be rewarded? -- Sorry for all the questions just trying to piece it together, thanks!

sorry, forgot to mention one thing.

All assets backing the CombiCoin will be held by a non-profit foundation, this will ensure the safekeeping of the assets and therefore minimize the risk.
Also, if we fail to reach 2,000,000 USD all funds raised will be returned.

10k just to invest ? Are you going for the big prize and only targeting rich suckers. Why do you think this project is worth 2 million dollars ? Seriously for that amount of work ? Get real dude.