Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Crypti | Release July | 100% POS | New Source
by
crypti
on 01/07/2014, 09:34:36 UTC
For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me.  But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.

1. We will not get btc for previous work.
2. All btc for future development.
3. Btc will be store on our btc account, all payments will be described (reports every month).

This is why I like this project and engage more guys into this IPO, if they raise more BTC in IPO phase, they will have enough money to hire guys to do more development,marking, implement more features, I know some rich men in my QQ groups who are not good at English, I will let them know this coin, I think they are very interesting in IPO. Let broadcast this coin information in QQ groups, forums to let more guys join in the IPO, some Chinese are NOT good at English.
But only in reasonable amount. 300-500 is awesome, but 1000-infinite is awful for investors profit.

300-500 really awesome
And i agree, 1000-infinite is awful for investors profit.
If you are agree, why you dont set max cap for btc in ipo. For example 500 btc.

+1

I will discuss with guys. I'm creator and developer. But i'm not one, all have own opinions.