1st does not always mean better. COmpare Friendster and Facebook.
I just believe in SCL that's why I invested.
1. The DEVS are not holding any SCL. It will only be minted once we purchase with ETH in the ICO. This will increase SCL value since there are no DEV Whales dumping the coin)
2. Buyback Program with BTC will increase the SCL value since it will create a bullish Trend
3. Visa Card, Marketplace and Ad Platform will use SCL. They have to purchase SCL therefore more BUY orders that will increase the value of SCL
4. Social.nexus is no longer a Promise. We are using it now
5. NO new coins will be minted after the ICO
6. The Hard cap is determined by the number of Investors. I estimate now @ 30M SCL total circulating supply
7. Privacy is always a +
I wonder why it's buyback program with BTC will create a bullish trend? DO you have a prediction how much the SCL price after it's launch. I need to convince my self to invest here.
5% of the total Tokens is Huge. Assuming that we have a Hard Cap of 30M then they would buy 1.5M SCL with BTC as the currency
1.5M SCL is approximately 400 000 USD for Buy Orders
400K USD = 93 BTC
If you are familiar with trading I believe you already know that BUY orders increase the Price?
Other ICO are actually doing the Opposite.
Half of the Tokens are for the DEVS and only half are available for ICO Investors
Once they DUMP the coins then that would create a BEARISH Trend. The DEVS of other ICO are actually the Whales creating SELL Wall.
In SCL the DEVS are creating the BUY WALL creating a Bullish Trend
I know that there is always a RISK but I believe in the Platform thats why I invested.