Quote from: poornamelessme on June 03, 2014, 05:00:17 PM

Quote from: luvbeening on June 03, 2014, 11:47:39 AM

lets say 1.35millions coins sold...that means 135btc they will get..divided by 6 dev members..135/6=22.5..wow..they get rich more faster than instamine..lol

If this was a single dev, I'd be more worried. But at 22.5 btc each, assuming the devs are professionals, or at least adults with regular jobs, it hardly makes them rich. They would be better off just working on the coin, as they stated, and taking profits from that.

I may have missed it, but will each ipo wallet have a viewable address, so people can see the funds?

I'm not especially bowled over by any coin specs, but if they do just some of what they say they will, the coin very well should be profitable. The fact they can buy their way onto bigger exchanges if needed + pay external coders for any work they may need, is a huge benefit. Of course that relies on a certain level of trust. It may be one of those coins worth putting some funds into, but not going too crazy about it.

Most likely our 6 addresses will be public, our accountant will put up a spreadsheet at some point after the ipo to show allocated funds. Our biggest expense is the multi-vendor software as we are designing this from scratch and not purchasing it. Marketing will also be costly as everyone already knows, but it is also essential for a strong currency to survive. The initial public offering just allows us to accomplish goals faster as things in crypto land move at 10 times the pace of reality.