Post
Topic
Board Speculation (Altcoins)
Re: BELUGA PAY token sale
by
MoonIsBlue
on 05/11/2017, 23:22:40 UTC
Just for the hardcap I'd stay away, about 95-103 cents per token with a max supply (don't even know if thats just pre-sale) of 100 million. So they're basically raising a 100 million dollar minimum, thats insane for something that has nothing to show for. If ICO's ask for more as 10 million you should SERIOUSLY question whether it is still worth it cause chances are very likely this money won't be put to work. Team members taking high salaries or plain incapability of handling such large amounts.

100 million or more as that is just being greedy I don't care how big you want to market it or how ''expensive'' your devs are. You're basically giving a startup a 100 million dollar evaluation which is insane. Just monkeys & banana's.

You go to a private investors and ask for that money, they will laugh at you in your face. Why would anyone put such capital into a startup that is more likely to go bust then to become a global player.