Post
Topic
Board Announcements (Altcoins)
Re: | STRATIS | The first blockchain developed for businesses |Full POS
by
chr1sen
on 26/02/2018, 13:00:15 UTC
Thanks for posting the dates. I don't have a good feeling with Gluon, but happy to be proven wrong.

Why the bad feeling chap?
Well, mostly because it doesn't seem like a natural fit for a crypto-token. It seems very forced - like a startup that runs out of funding looking for non-dilutive ways to raise money. There doesn't appear to be a need for a token, or something that is impossible to do without a trustless, decentralized network. I worry this is part of the ICO craze where companies just want to raise money without regard to whether it makes sense to create a crypto-token or not.

But as I said, happy to be proven wrong.

I have to agree with you, Gluon seems to be very nice, good team, good product, but as a (serious) investor, it does not seem good opportunity for me. It is far far better investment choice to hodl your STRAT's, instead of spending them in Gluon ICO. IMO. I suspect this is one of the reasons they didn't get enough ICO funding.

They said that the previous ICO was put on pause because they were looking to gather more private funding to their company. It is very likely that they did not raise enough funds previously through the ICO. Why would they seek for private funding and give away part of their company shares if they have choice to raise a lot of money through ICO and they wouldn't need to give away anything!

To me it feels like too much risk, I would probably invest in company itself (shares) given the chance.