Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN]Cypherium, fastest mineable blockchain with multi-level governance
by
stejas
on 06/04/2018, 14:40:51 UTC
Jane got rekt

Rambling fud and sockpuppet accounts, someone must think this project is a threat to thiers.

How much funds are required. They got 50K ETH, they are getting more from sandbox (will not disclose how much) and then they will raise funds from public, not sure how much, but assume another 50K - 70K ETH. Thus they would have collected 120-130K ETH for less than 10% of total token supply. The remaining tokens will be released over future years. The team seems to be too greedy, though they may be competent.

I am avoiding investing unless the team is fully transparent on how tokens will be released after Year 1.