Quote from: jc12345 on Today at 12:38:43 PM

Quote from: bluetheriumofficial on March 12, 2022, 07:37:38 PM

Quote from: jc12345 on March 12, 2022, 07:30:48 PM

Quote from: bluetheriumofficial on March 12, 2022, 07:11:16 PM

Quote from: jc12345 on March 12, 2022, 06:20:47 PM

It is a very noble cause that you are trying to do with helping sports persons. You mention that Bluetherium will help sports persons with things like financing and getting equipment etc. What you fail to talk about is how you are going to generate the funds to pay for those items and help them. It will not be feasible to rely on the market price of your token as history has repeated itself over and over, countless times that most new tokens' price drop shortly after release. Can you please expand on the sustainable funding of your project?

There are professional and amateur athletes in our team, many municipalities and local regions have participated in this project, they are receiving serious support, the audience is increasing, everyone is contributing, now there is a pre-sale. ICO proceeds will be used for exchange listing, social benefit and roadmap stages. And soon there will be sports competitions under the name of BLUT, everyone will see.

Ok but that still does not say how you are going to fund your project. Also it is not clear why you need the tokens and an token sale. If you are going to use up the funds for what you are saying then the project may die down. You will need some form of sustainable method to generate funds with the project.

I think you did not examine our website and roadmap. There are local municipalities, clubs and professional athletes who finance this system. In this system, sports competitions will be organized, health and sports products will be offered, and also incentive awards will be organized by using its own blockchain and wearable technology.

Maybe I just don't understand your operating model. What I can see is that you will have a token sale on BSC which will place the money in your hands and tokens in the hands of buyers. Then you will create your own chain for which the mining will work with wearables "Our ultimate aim will be to create our own blockchain network with the funding provided from the ICO, where mining will be realized using wearable technologies, and aided by our own sports and health products" [from your docs under 'what is blut mining']. I don't know how mining with wearables work and would be interesting to see. You will also use the money for exchange listing. After that there will be events from municipalities that will fund the problems you want to solve. I just want to understand why you need a token sale and and why you need to create e new chain and cannot use a token on an existing chain like BSC which will not cost money. Using DeFi on DEX platforms also does not cost money. Why do you need money to build a new chain and spend it on exchange listings, I presume CEX exchanges. I am just questioning the economics and sustainability.

There are many stages for our product to become fully functional. Development, marketing, testing and prototyping for wearables, and integrating this to the mass market along with organization and event operating costs to name a few. We will have income generation from products and services in the future, but we need token funding to get there, as do most projects.