There will be no mining unless we meet the minimum BTC. And we only have a few hours and need a min of 83 more BTC. It could happen there was an ICO that sold a few hundred in about a day.
What about lowering expectations and living with what you get? Hard to recover from a failed ICO, it sends a negative message.
You have to remember this ICO is not for my time or something we will try to make in the future. It is for items that have a set price that will be bought with ICO funds.
So what is the B plan if the ICO doesn't sell out? Or would you throw in the towel?
Towel will be thrown in. I can't keep everyone's money tied up hoping people will change their mind. I spent $3k to get it here and I will not do it again. People have voted with their money and they have told me they don't want a coin with an actual plan to make you money. Or they don't want me. I just read some of the recent ICO's and I know what I did wrong. I gave a plan with a lot of planning and thought. That meant you would have to read a bunch. I read some of the others and they say we will work on more things once we get the money. And we are taking a large portion of the funds to pay ourselves. I just can't help but laugh and how people invest. It almost makes me think they have a high amount of BTC. And they buy their own ICO so others will throw their BTC at it. Than they wash a repeat. (Not saying all but some seem like it)
Man that's a shame we're not going to get off the ground. I'm sorry you had so much invested into this :/ You don't think there is any alternative? Really it's such a good idea. People WOULD come if there was a working coin. The name of the game in most coins is expansion over time, all the other ones end up being rushed into with massive support are pump-dumps. Not saying if there was a successful ICO that would have happened, but there may have been merit in trying to start small, which would also help reward early adopters.
I'm sure you have reasons for giving it up, but from looking in as someone that's not a dev, there was so much potential.
This could could have ACTUALLY been different. Not just a new algorithm or other trivial shit.
The only thing I could say is join Firecoin. I have this small scale over there. That is were I tweaked the method to know this could be scaled. The problem is I don't know who to gain the funding to expand. The only think I could think of is fork Firecoin with a higher coin count. We would have to freeze the market and then have large block with ICO coins. Every holder of Fire would hold theirs or do a swap for new coin but I don't even know if it is possible. Earls would have to speak to that. He would also have to be willing to join that team IF it could work. Otherwise it would be all donation based.