Post
Topic
Board Announcements (Altcoins)
Re: [PRESALE] Xenio Blockchain | 🌟🌟🌟 Decentralized Gaming Blockchain🌟🌟🌟
by
Occam
on 05/11/2017, 04:20:26 UTC
Well, I'm from the real world, where people involved in fund-raising rounds are happy to answer questions from their potential investors. If you guys see this as insulting then you need to be reminded that you are asking for money. You would not last long in front of a real Venture Capital Board with what you have disclosed so far. Particularly if you sent a temperamental CTO to present your case.

"Stop asking hard questions and give me the the money" would get you nowhere rather quickly. Yet in this space, it seems to be the norm. Little wonder there are so many problems with ICO's now. In a way, investors here are partly responsible, by not asking the hard questions and parting with their money too early, on a promise of large returns.

Although my previous questions remain unanswered, I have some new ones for you. "How many man-hours of development can you buy with USD$200 Million?"

It would seem you are seeking to be "Over-capitalized". Why?

How can investors be certain there are not just one or two people behind the keyboard here?

Last but not least. (Because someone needs to ask this question.) Your CTO/Founder seems to be a bit of a loose cannon. I can quote him from all over the place, though I'd rather not. Can you not see any potential problems with that in the future? Why should investors trust nemgun with their money if he behaves the way he does?

It's the "People" that make or break a project most times.