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Topic
Board Announcements (Altcoins)
Re: [ANN] BurstIQ (BIQ)💚 💢 💚 ▐ A Marketplace for Health Data & Services▐ 💚 💢 💚
by
tempus
on 25/09/2017, 11:39:23 UTC
Hi everybody!

Very interesting platform - got my attention because of the S&C-article btw:
https://www.smithandcrown.com/sale/burstiq-tokensale-blockchain-hosted-medical-record-storage-health-marketplace/


I have a couple of questions:


Blockchain:

How I understand it so far there won't be inflation of the token, right?  

What will be the incentive to secure the underlying Blockchain/Burstchain?

Will it be a truly decentralized system or more like a private Blockchain?  

Will the project, at least the Blockchain, be Open Source?



Business-model:


I understand the basics of the economical system of the platform, and I like it - but what is the business model of the company behind?


Regarding the Token Sale:

Is there any source to keep track of the sale, about how much already was sold etc.?

Is there a minimum cap?

What would happen with unsold tokens in case the crowdsale would not be sold out?



Would be great to get answers on my question. I really like the idea and I have not much doubt about the expertise of the team. What I'm a bit critical about is the lack of deeper infos. The legal documents seem to be longer than the whitepaper - obviously you have very good lawyers! ;-)  


Best regards,
tempus



Usually, when it's hard to get answers on questions within 2 days, there are 3 possible scenarios:

1) A team doesn't have enough time.
2) A team doesn't believe it's necessary.
3) A team believes answering on certain questions would do more harm than good


I believe you'll understand that it's not possible for me to buy into the pre-sale and/or crowdfunding without having answers on those questions. In case those answers were already given somewhere, links to those sources would also be fine.