Post
Topic
Board Announcements (Altcoins)
Re: [PoS x11] Edgecoin - Marketplace - Gambling - Advanced Wallet - IPO [16 D]
by
dinEDG
on 03/04/2014, 04:50:26 UTC
This reminds me stackcoin which was posted with same wallet features and same stages of IPO.I am really nerves investing in this

check what stackcoin guy promised from here https://bitcointalk.org/index.php?topic=457575.0

What specialty brings this coin? or Why should be investor interested?
Thank you.

Custom wallet and an awesome marketplace.

Specifically, a high rate of return for investors as the IPO is incredibly generous.

Similar features and stage numbers? I understand the concern, but did Stackcoin offer escrow?

And what exactly does an escrow do? Lets say Wolong offered escrow. The coin launches, investors get their useless coins. Wolong gets the BTC. Its not going to change anything. I just don't understand why putting an escrow in between suddenly makes the venture credible. You wouldn't dare announce the release of the escrow after the completion of the stated goals in the OP right? Maybe a partial release after each feature is implemented? That would just make the whole thing fair... and you could have even my BTC for the IPO.... i'ts just like payment for your services for making a marketplace and overall good devs. Its a win-win for all.

Are you questioning the importance of an escrow?

"Wolong" ?

Just go, you're not adept at arguing, or making sense.

Ummmm.... ya, more or less the evasive response I was expecting. Let me simplify the question a bit for the newcomers. You are promising a host of features in your product. Are you willing to announce that the escrow will release the IPO funds to you slowly as and when you get those features up and running? That's what an escrow does right? They mediate a transaction between two or more parties to make sure the promises/claims are met. So yes, in this scenario, I am questioning the importance of an escrow.

Escrow funds released on will of the investors.

What does that even mean? I'm talking about what the value of the coin is going to be based on.... the p2p marketplace including 3rd party vendors, gambling site, ad campaigns, getting in indie game developers leading to custom Edge integrated online game sales, etc. These are the premise on which the investors are going to asses the value of the coin... its what you are proposing to offer to those who are going to mine Edge right? So why have an escrow if you are not saying that the escrow will release the payment only if you deliver on those claims.

I think you are understanding very clearly what I'm saying.


Ohhhhh! So you can release your funds when you're rich and crash the market? Cheesy