You should report the ITO. Be it for a week. Etablish clear rule & organisation first.
There will be ten million tokens. Original value = 0.00025 BTC each.
Beside that it's mystery. Less than 24h, 875k$ limit...
The technology for decentralized ITO isn't there yet. BlockNet is suppose to provide it.
I'm surprise nobody asked these question: [Though I haven't read everything yet]
- Concerning the BTC exchange, what will be it's % distribution between Bittrex, Bter, Poloniex and CoinGateway?
- Then what will be the % distribution of the ITO between BTC, XC and the other coin?
The 10% discount appear nice at first [mostly for the original miners though], but it will just result in the most messy ITO of the cryptohistory.
It would be a shame for such a promizing project.
Much simplier & neat to strictly stick to BTC, and a single centralized provider such as Bittrex.
BTC hold in multisign a plus. Usage prediction a must.
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Additional note from an outsider of your BlockNetwork (strictly my own point of view here):
Fare distributed NEM - "NXT 2.0" tech - feel much more appropriate for the "Web 3.0" than NHZ, a NXT copycat with dubious distribution. Though that may be unimportant as the temporary-original-token could just be switched on any exchange-platform, later, as I understood.
Disclamer:
Never been a miner, kind of NXT hater, no holding in any of your BlockPartner.