Re: [PoS x11] Edgecoin - Marketplace - Gambling - Advanced Wallet - IPO [16 D]
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
Custom wallet and an awesome marketplace.
Specifically, a high rate of return for investors as the IPO is incredibly generous.
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.
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?
Eh what? Dude... do you understand English? Judging by the language and "projected awesomeness" of the coin in the OP and the responses you are giving now, I can only come to the conclusion that you are playing dumb. I think you are intelligent enough to know that a lot of fools fall at the magic word "escrow", like as if its the magic wand that protects them. You seem to be doing a poor job at completely evading the question... and I think you just gave yourself away
But don't worry, Until you have the escrow announce that the funds will be released slowly upon completion of the promised features, I'm not letting this comment chunk drown away in the middle of the thread. I will keep reposting this every once in a while for newcomers who land on the last page to see. You can open a new self moderated thread if you want... Oh and by the way, for an IPO coin, this ANN page has a surprisingly low number of SCAM Trolls lackeys.... I wonder why now The devil is in the details my friend Wtf.
He probably doesn't understand you because you are clueless. Do you have any idea what an IPO is or why actual companies use it? I'm asking sarcastically because if you did you would not be stupid enough to think that the money raised through an IPO has to sit somewhere and collect dust for a certain amount of time. Escrow is used so they only get the BTC once you get the coins, nothing else.
Really now? If I remember correctly, in an IPO, the "company" says they will go to greater profits with so-n-so advancements and goals, etc and would like people to put in money for their deeds and in return get a share of the promised profit they make. "investors" put in money, and if the company succeeds, well and good, if not - tough luck. Fair enough. There is an infrastructure to make sure the profits are achieved, and more importantly, an infrastructure to make sure the money goes into the development of the company.
So let me put it this way.... what good are the coins to the investors if the coin's promised features are not implemented? The coins are a zero value shitcoin if it does not have the promised features. So having an "escrow" hand over all the money to the dev in exchange for some shitcoins without any of the promised features is not going to make the presence of an escrow anything special. Split the development of the advertized features into 5-6 stages. Have the escrow released to the dev after completion and implementation of each stage. Why is that so complicated to understand? Its a win-win for a dev with a real coin... he's earning it. Not so much for a guy who is going to disappear once the coins change hands. Anything wrong with the logic there?