Post
Topic
Board Announcements (Altcoins)
Re: [ANN] | PARAGON | Revolutionizing the Cannabis Industry |
by
ubercool
on 03/09/2017, 04:39:40 UTC
Its actually necessary these days, it is also one of the plus points which investors and supporters see, whether the team is capable of putting their money into marketing of the product and ICO or not. If they are not putting enough money then it might be a scam in the long run. I think the mentality has to be changed.
Like the way you think! Indeed all the money they invest in advertisement is because they are here for the long run! I'm very curious how the crowdsale will go, I will participate when the minimum is 1$ instead of 10000$ Smiley
I hope ICO will reach that phase and wont end with hard cap before. It would be a real pity if "normal people" wont be able to participate since not everyone has 10K$ lying around.

I think there is a blocked amount of coins for crowd sale, isn't it? So everyone should have a chance to buy an amount they are able to afford. Correct me if I am wrong.

So that some whale wont buy them and block the whole venture with his capitalism. If only one person holds most of the coins then it will be too hard for the team and dev to continue.

I'm a cannabis enthusiast myself. But why does paragon need to raise so much capital?

So they plan start building big research centres? This is very costly indeed, but what is the purpose?

I haven't read the white paper yet, busy times.

Because the concept is illegal in many countries and they will need more money to get into them.