Quote from: Secondleo on July 07, 2014, 03:28:46 PM

Quote from: GreXX on July 07, 2014, 03:22:42 PM

Quote from: Secondleo on July 07, 2014, 03:17:29 PM

Quote from: GreXX on July 07, 2014, 03:11:51 PM

Quote from: gvans on July 07, 2014, 09:46:53 AM

Quote from: Momimaus on July 07, 2014, 08:57:34 AM

Jesus 10% per user is a joke. One of them can dump the price to exactly 0.

10% seems really high. See, if around 2 or 3% is considered usually maximum healthy premine on altcoins, why should buy-inn be any bigger?

The 10% number came from our discussions with DGEX. 10% max investment is what they used for their previous managed pre-sale and what they suggested we implement. We decided that we would take their advice and go with the recommended number they chose from experience.

DGEX did it once and it didn't explode. Also, as I assume DGEX will get compensation based on the amount of invested BTC over DGEX, there is a collision of interests.

Should compensation be based on the amount of invested BTC, the 10% is more self interest than interest in the well being of the coin.

You do have a point and one we had to consider. As per the OP I think the DGEX commission they have set is 3% of funds managed. So there most certainly is a self interest in raising a large amount of funds. That being said, as I just mentioned in another comment, I don't think anyone will hit the 10% mark and the previous high they saw was 6% from one investor.

Of course it is unlikely that the 10% mark will be hit, as it is obvious DGEX wants as much BTC invested as possible.
They will suggest a mark that is so high it is very unlikely it will be hit. That way, the maximum amount of invested BTC from every single person can be guaranteed.

And 6% of all coins in the hands of a single investor is a ticking time bomb already.
NXT had and has to face accusations of bad distribution and their top account only held 5% of everyting.

This is something we have thought about long and hard and really don't have a solid answer to. I would love to hear your thoughts on a better way to manage investors. If we limit the max investment per person, and total investment we could get 3 or 4 investors who make sock puppet accounts and invest enough to get large percentages on day 1, cutting out a number of later investors and holding huge proportions of the initial stake. I think setting a total cap allows for a few heavy buyers to buy up the entire supply early on and ultimately limits how many people can participate.

If we don't cap, we can't gauge what the distribution will look like, but as many of you have mentioned, if there is a fear of the price initially dipping and no immediate profits on the exchanges, it's possible some of those investors who thought to buy and dump a ton, knowing they might lose money, will invest less or stay away to an extent.

I feel like its a slippery slope and a tough model to design and all launches are experiments and tests for future launches to maybe come up with a better method. At this point, we have come to a consensus where we are and I feel like it is getting too late in the game to change the numbers.

That being said, it's always something good to talk about and continue to evolve so I would love to hear your ideas.