Quote from: Jonesd on March 04, 2014, 01:51:27 PM

Quote from: Drexel on March 04, 2014, 01:11:50 PM

Quote from: JamesOng on March 04, 2014, 09:20:07 AM

another IPO stuff..but i will say you this:FUCK OFF!

they always starting with how fair the distribution is bla bla bla...and then show their true face so quickly---> buy it or you will get nothing!
the most fair distribution so far i have ever seen is Coin2...althought that is far from 100% fair yet however it start a good concept :SHARING IT FREE WITH COMMUNITY BEFORE IT HAS ANY VALUE...this is important bc there are still tons of ppl outside there knowing about crypto currentcies but they won`t want to step inside..why? ask yourself a question..wth should they buy these crypto coins for while they are still nothing to spend on yet?(exspecially new coins)..most of them not interesting in mining or decentralize stuff etc..but they will buy and use it if its really have some convenient applycation..but before this..if anycoin that ask you to buy it just bc it promising it will have value blablabla or claim that how innovative it's coin blablabla..let me tell you ..99% of them just interesting with the money in your porket..they don`t actually care to improve the world.

There is no fair way to distribute coins for free on this website. There are too many people that have dozens upon dozens of fake accounts they use for giveaway threads. We think we've come up with an very fair mining distribution algorithm, but that still alienates those who aren't miners. Hence the IPO. So investors/speculators can participate as well. This is set up so that no one can cheat the system.

Promoting a coin takes time, effort, and most of all, money. All BTC collected will be funneled towards activities that improve the value of the coin, which is a good thing for both miners and investors alike. Don't underestimate the value of proper marketing. Dogecoin for example jumped from a 10 million market cap to over 50 million after they spent $30,000 on the Jamaican bobsled team. A $30,000 investment led to a $40,000,000 increase in valuation. Impressive right? But that money has to come from somewhere. That is what we hope to accomplish with the IPO funds.

Right now we have 2 investors for a total of 0.35 BTC. If that is all there ends up being then lucky for them.

For such a big IPO you need clearer goals. What's in it for you, for example? YOu are bound to keep a part of the BTC for yourself. It would make more sense if you would donate 90% to some environmental charity, keep 9% for promotion and 1% for yourself.

We are each investing a small amount into the IPO, as well as participating in the mining period... And leading a coin has it's own set of intrinsic benefits, naturally.

Donating 90% to a charity like that would accomplish nothing for holders of the coin. Doing good is one thing, but we want to generate buzz as well. Dogecoin nailed it perfectly with the bobsled team, we hope to do an encore. Wink