Post
Topic
Board Altcoin Discussion
Re: Crowdholding. Any thoughts?
by
MilanT
on 10/10/2017, 19:11:33 UTC
Well, at least everything fits well into one infographic table, which is a lot more than what I can say for other ICOs that should be able to do the same. But what is seems to me is that apart from funding and holding as a crowd, the decision making seems to be still centralized. Or is this a democratic way of choosing what to invest in? Because 2 scenarios here. One, it is centralized. Then you are trusting someone to call for you. Two, it is all decentralized, then you might as well just invest and hold on your own and save fees and save trusting people.

Hello Slaman!
If I have understood your question right, then the decision making will be done by the crowd.
Meaning the crowd will decide what to invest into,
the crowd will decide the valuation of the projects
and in the future we will implement automatic mechanism that will enable anyone to apply for the project on our dapp and again it will be up to the crowd to decide whether such project can succeed.

So we are trying to create decentralised ecosystem where either  businesses are successful by listening to the wisdom of the crowd or fail by going against their own supporters.