Re: [ANN] BITUGENE - The First Petroleum/Crude Oil Blockchain-based Project

This looks interesting but did you even think that you ask too much for this coin on ICO? Others devs has pays from their own pocket the list on exchanges, anyway if you want money for exchanges and some money for your effort you should ask lower in my opinion. Let's say you gather 1.000.000 $ , what you will do with this funds?

Use of funds is clearly written on the Whitepaper. The highlights are:
Legal and advisory
   Marketing and advertising
   Incentives on the network
   Administrative and general business expenses
   Application development
   Operational costs
   Financial analytics
   Reserve
   Maintenance

You made a comment on how you want to use the funds later on. But I guess this does not give answer about why it is expensive? That is what he means with why you ask too mcuh for your coin?

Honestly, it is not too much. Simply do the math. Compare our token supply/price and other ICOs. Would you rather prefer 100 million tokens at a price of $0.1? It will equal ours with 10 million supply. However that's not the basis of our price. While drafting the project, we planned to keep the supply low. Take a look at our minimum goal and hard cap. The price quickly came into the picture as soon as we arrived at the total token supply.