Re: [ANN][ARCH] Architectcoin ICO on*Bittrex*Wallet just Released! Chat/Exchange!
Just a note: If the ICO ends Sunday night without the goal being met, all who hold ARC from the ICO will be refunded. Just a heads up, it's best to hold the coin, don't sell them.
I've put a lot of thought into this, and the following opinions are my own. I believe that a lot in the community are hesitant to invest in another ICO so soon after one had just ended. That skepticism is understandable, I don't fault anyone for it. It also happened right at the same time as quite a slump in the crypto community. Blood pressures were high, tempers were flaring, and an ICO is an easy target. I bear no ill will toward anyone, regardless. The dev team bears no ill will toward anyone either. Life is too short to carry a grudge. I believe this dev team have quite a cool idea. Put in a solid code base, wallet, and source. Get a development team and staff on salary so they work hard, and keep working, post release. Let the investors determine the direction of the coin, and be the architect of it's fate. It's just bad timing.
The team have discussed many options, and as the entire concept here is to let the community be the architects of the coins direction, the team feels that the community should be offered the options for comment, critique, and suggestion. Whether the ICO hits its goal before the end of the extension or not, the team understands that more concrete information such as a whitepaper of features, and a road-mBap of goods and services, are needed. If the ICO does not hit its goal before the end of the extension there are many options on how to proceed:
1. Scrap the project entirely.
2. Postpone the project, implement a few features, a white paper, and road-map, then relaunch at a later date.
3. Proceed with the project, distributing the vast majority (a small portion would be reserved for bounties) of the coin supply for free, and letting the market determine it's value.
4. Proceed with the project, via escrowed IPO, for a vastly reduced price.
5. If you have a suggestion, post it.
Obviously it's been a disappointing performance thus far. Every effort will be made to successfully complete the ICO. However, options on how to proceed need to be discussed now, and not at the last moment. The team would love to hear your input on this. Please, make your voice heard. Thank you.
I've put a lot of thought into this, and the following opinions are my own. I believe that a lot in the community are hesitant to invest in another ICO so soon after one had just ended. That skepticism is understandable, I don't fault anyone for it. It also happened right at the same time as quite a slump in the crypto community. Blood pressures were high, tempers were flaring, and an ICO is an easy target. I bear no ill will toward anyone, regardless. The dev team bears no ill will toward anyone either. Life is too short to carry a grudge. I believe this dev team have quite a cool idea. Put in a solid code base, wallet, and source. Get a development team and staff on salary so they work hard, and keep working, post release. Let the investors determine the direction of the coin, and be the architect of it's fate. It's just bad timing.
The team have discussed many options, and as the entire concept here is to let the community be the architects of the coins direction, the team feels that the community should be offered the options for comment, critique, and suggestion. Whether the ICO hits its goal before the end of the extension or not, the team understands that more concrete information such as a whitepaper of features, and a road-mBap of goods and services, are needed. If the ICO does not hit its goal before the end of the extension there are many options on how to proceed:
1. Scrap the project entirely.
2. Postpone the project, implement a few features, a white paper, and road-map, then relaunch at a later date.
3. Proceed with the project, distributing the vast majority (a small portion would be reserved for bounties) of the coin supply for free, and letting the market determine it's value.
4. Proceed with the project, via escrowed IPO, for a vastly reduced price.
5. If you have a suggestion, post it.
Obviously it's been a disappointing performance thus far. Every effort will be made to successfully complete the ICO. However, options on how to proceed need to be discussed now, and not at the last moment. The team would love to hear your input on this. Please, make your voice heard. Thank you.
This ICO was based on GREED!! I hope they lost their money to bittrex so that less shitcoins are being created, come on, asking for 138BTC!!! people are STUPID, but NOT THAT STUPID!!! Do you really think that DEV would care after he received those 138BTC? Yes, he will care about the weather in Ibiza, and maybe turn on bitcointalk to say, hi, i'm on holiday, i will work
when i don't have any BTCs left and make a new scamcoin.