1200 sounds a lot better. If you aren't willing to do escrow this ico will probably fail, as it's a solid clue you are a scammer. I totally disagree that 110 btc isn't a lot of money, it's a hell of a lot of money and you shouldn't have any problem paying Trex 5 btc or C-cex 1.5 btc to host the ipo.
Cool idea though, I hope it's for real.
1200 would be way too cheap, would bring it to around a 30k market cap, causing investors to dump there entire stash at high prices, 2700sats is more reasonable. with still huge margins for profit. As ive said before bittrex does not offer any security, they just hold the btc and take 5btc, im currently working on getting an approved escrow. but as it is for now investors can invest manually through me, our names are public and we aren't here to scam anybody, its your choice to invest or not, if you don't feel safe, then you do not need to post or take part in KrakenToken.
Eutherium have quite successfully raised 6000 btc for their project with no escrow or POD, im offering a almost complete project.