Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin
by
contraband
on 03/10/2017, 07:55:58 UTC
The fact that they're  honoring the 40% is amazing, that's the sort of thing that lets you know this isn't a scam. It's a legitimate project, most token sales wouldn't do such a thing for their users.

Very professional!
I agree with you. Never seen such a commitment like this before on ICO.
All the respect for the team.

There are some good teams out there. It's not like there are no other good teams, but this one is definitely a good one!

Yes, they immediately resolved the issue and pretty happy with their response and mitigating action for future contribution periods.  I will very likely continue to buy more coins.

Also, I would like to point out one stark distinction about this ICO in that they are not giving themselves any coins (correct if I am wrong- as I didn't see anything in the whitepaper regarding this point).   One aspect of current ICOs that is extremely pissing me off is that many are not only collecting funds from the coin/token sales, but they are also allocating close to 50% of the coins to themselves as well which translates into extreme greed and the centralization of the coins - which allows for massive dumps by them.   Case in point is Blackmoon Crypto. 

If you have a very strong and honest and transparent team, I would even want that team to hold a good bag of coins because their motives are more aligned with those of the investors. But I agree with you, something like 50% or so really sucks. And it sucks even more if a team does not constantly deliver then and the price keeps dropping.


I like how much this team is keeping, ZERO COINS for themselves.

What this team has invested that will motivate them, is all of their own money spent on the project.