Re: [ANN][ICO]HoweyCoins: the only BitcoinTalk-endorsed ICO - GUARANTEED PROFIT
Wow this cought my attention. It seems to be so promising that it will be hard for us to compete with 
Just for reference I am involved in a project with similar aims but focusing on local merhcants. Our firm is an established tourist guide and travel advertisement agency and we do this for a while now. Not trying to advertise just wanna proove that I know what Im talking about: https://bitcointalk.org/index.php?topic=4832534.0
So I have read the whitepaper. To be honest it should contain much more specific information about the business model in practice. I mean it is full of promises and empty statements about how the whole tourism industry cant wait to adopt this coin. For example the whitepaper states up to 30% discount on airline fairs. Is that realistic? 30% is pretty much the whole profit of an airline company on each seat. I mean I would be the happiest person on earth if I could fly around for 30% less only beacuse I paid with crypto. But why this would worth it for the airliner? Business is business guys airliners are one of the most profit-oriented businesses. Sorry but 30% seems totally unrealistic. I suggest to reduce these promises as I dont think real investors will believe it.
To to be fair guys I have a very different experience with this industry. Potential acceptance points (for any coin really) have to be directly incentivized for accepting crypto. If the whole industry is ready to give such huge discounts for us then what will be their return on this? Potential price gains if they hold enough Howey ? Maybe. But if any industry would believe huge gain potential for crypto, then I think they would just accept Bitcoin. And they would have much more customers by accepting the most popular crypto.
I mean seriously guys I am tryign to help here. We negotiate with potential acceptance points every day and we dont experience this "I cant wait to accept your awesome crypto" mentality at all. In fact it is the way around. They dont believe in price gains actually they are very afraid of price losses. Volatility is a major issue we are traying to address with our project and still we get refused 7 out of 10 times by merchants.
I think we can work on this and I support every legit project but when a coin is saying its gonna easily adopt and dominate a whole industry that might be a two edged sword. It think sometimes it is better to say and promise less then what is expected.
Just for reference I am involved in a project with similar aims but focusing on local merhcants. Our firm is an established tourist guide and travel advertisement agency and we do this for a while now. Not trying to advertise just wanna proove that I know what Im talking about: https://bitcointalk.org/index.php?topic=4832534.0
So I have read the whitepaper. To be honest it should contain much more specific information about the business model in practice. I mean it is full of promises and empty statements about how the whole tourism industry cant wait to adopt this coin. For example the whitepaper states up to 30% discount on airline fairs. Is that realistic? 30% is pretty much the whole profit of an airline company on each seat. I mean I would be the happiest person on earth if I could fly around for 30% less only beacuse I paid with crypto. But why this would worth it for the airliner? Business is business guys airliners are one of the most profit-oriented businesses. Sorry but 30% seems totally unrealistic. I suggest to reduce these promises as I dont think real investors will believe it.
To to be fair guys I have a very different experience with this industry. Potential acceptance points (for any coin really) have to be directly incentivized for accepting crypto. If the whole industry is ready to give such huge discounts for us then what will be their return on this? Potential price gains if they hold enough Howey ? Maybe. But if any industry would believe huge gain potential for crypto, then I think they would just accept Bitcoin. And they would have much more customers by accepting the most popular crypto.
I mean seriously guys I am tryign to help here. We negotiate with potential acceptance points every day and we dont experience this "I cant wait to accept your awesome crypto" mentality at all. In fact it is the way around. They dont believe in price gains actually they are very afraid of price losses. Volatility is a major issue we are traying to address with our project and still we get refused 7 out of 10 times by merchants.
I think we can work on this and I support every legit project but when a coin is saying its gonna easily adopt and dominate a whole industry that might be a two edged sword. It think sometimes it is better to say and promise less then what is expected.