With shitcoin from copy and paste or even coingen, a lot of newbies asked for IPO. What's the price of these shitcoins? Nothing.
It's damned. It's just like robbing money from investors.
This has been ruining the market of altcoin.
Stop it.
We are not valuing our coins at a made up number and selling them. We are offering a percentage of them. The investors are the ones setting the price for Switch Coins, not us. As all investments this has its risks and its rewards and it is not for everyone. The IPO has brought in .03btc so far which translates to 6 satoshis per coin. A price that isn't set by us, it is set by the investors with the amount they've invested.