as far as i understand dev wants to sell 70% of all coins for 9,800 BTC (~$6m) on crowdsale, leave 15% for yourself and another 15% for giveaways. you must be a fool if you are going to invest in.
We do not intend to reach 9,800 BTC. The main point of this crowdsale is to cover our costs up to this point along with providing funding for the future. The crowdsale will go to developer salaries (several people are working full time on this project), development of new protocols and applications, and marketing. The community pool and the developer pool are ways for outstanding community members to be rewarded for contributing to the project.
A majority of altcoins released today have premines held completely by the developers. Storj changes this by allocating half of these funds to the community so that we, the developers, do not have all of the say.
1-3% premine is ok. good devs deserve some profits. but 15% is something beyond my understanding.
if we suppose that you collected just 1k BTC then investors get just 1/10 of 70% and the rest goes to dev. heres simple math 70-7+15+15=93.
it means that dev holds 93% of all coins + $600,000 collected in crowdsale. just great LMAO!plus, you are not a public person who we can trust. you don't even have whitepaper. this is probably scam.
verdict: no, thanks. pass.