Re: [ANN][ICO] ALGORY - Multifunctional Tools For Cryptocurrency Traders

They're trying to raise 100,000 Eth, that's a lot of money for a small startup. I also read 65% will be used for developing the system. I don't know much about building software, is this a normal amount?

They've over 10 people in the team so it's not small company. And they're going to hire more people to release the product soon. There are really good numbers.

It's still more 3.6 million USD per team member and they also keep a percentage of all tokens in reserve. If they get so much from the token sale alone why would they continue working on the system?

Because, humans feels good, if they do something useful, which helps other people. Only to get rich makes not happy. If people love you for your product, this is really satisfying.
And they can earn much money as honest people with their system, without escaping from the police.

But I think you will agree with me that 100k is too much. It would take a lot of time until it would be backed with real value.

100k is very much, yes, maybe in 2 years other ICO's will be dreaming of this high values.