Mystical good point re cryptoxindia, Couldnt agree more. Crpto11 simply doesnt get the fact that life isnt fair. If you want more shares in a future cryptoxindia then join the Elite Investor Club.
Prove you can buy and hold SFR. I cant even bother to get into the recent Alibaba or Twitter issues...life is not fair and SFR has to act in its best interest....for eg in the recent Alibaba share issue.... less than 100 people/entities got the shares at $56. The underwriters got the shares even cheaper [probable less than $35/share] and of course the original shareholders got them the cheapest. Opening price $92. Take Unocoin for eg. you can bet your bottom dollar that the U$250,000 investment came with steeeeep equity share conditions as it will either make the investor very rich or he will lose all of his money....such is the life of a venture capitalist.
The most important reason that the underwriters of Alibaba gave less than 100 people 1st preference for cheap shares was that these were longterm investors [pension funds, IRA, etc, etc] dont flip/dump their shares on IPO day !We can learn a lot from Unocoin venture capital investment and Wall Street in general. Dont ignore these lessons. Capitalism works.
Here my thoughts on the subjects discussed.
2. Stake in cryptoxindia. If big holders want a stake in cryptoxindia exchange, then the devs should hold a separate ICO/IPO and give everyone a fresh chance to invest in the comapny/project. Just because some of us were lucky enough to accumulate a bunch of coins at dirt cheap prices shouldnt give us any more reason to hold a stake. It doesnt even make sense for anybody with any amount of coins to hold a stake in the exchange. There is no correlation. Yea its a win win for the holders but a lose a lose for the devs. Its pretty much blackmailing the devs "Hey give us a stake in your exchange or i wont guarantee not to dump and sell significant quantities of SFR." Any stake of a future company (in this case cryptoxindia) should be done through an IPO.
Depending on how much SFR the devs actually own, it can be a very profitable move for them too. If they commit just 5-10% of Cryptoxindia shares into SFR the value of the coin will rise immensely. Trust me, the altcoin world is getting sick of hearing 1 week old coins promising the same old features like "trustless anon" "decentralized market" "decentralized exchange" etc. A coin that allows you to extract profit via dividends from a real exchange that will have real volume and real people will actually use is huge huge news. Probably bigger than anything any other coin has achieved. The level of hype and attention it will get both SFR and the exchange will be worth it. Infact SFR would become the only alt in existence to actually have real intrinsic value.