If there are 120 stakes to auction, what about offering 1/10th stakes?
1200 auction blocks of 100,000 NEM with a 1 btc reserve. If it works we will raise >1,200 BTC.
Under the right conditions, it can happen. MaidSafe raised $6 million in just five hours.
Good idea.
I mean good idea to sell more smaller shares to greater number of people, not to fix the price