Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BRO] Breakout Coin Genesis Sale | Proof-of-Bergstake | Poker | Fantasy
by
bitarri
on 18/11/2014, 02:43:56 UTC


Announcing that the berg stake will be entirely shared among the investors in the IPO phase would increase value to holders and give added value to people even buying in now, getting 3000 coins and a share of the total bergstake like it was going to be like before would give people a better reason to buy in now

Ha, good one!

what i was suggesting is pretty much exactly what you wrote "As bitarri said destroying the unsold 8M is not good at all and would be much better to distribute amongst ICO investors. But looking at the long run its better they raise more BTC and more people gets involved in this. This is why ICO was started in the first place. "

distributing the funds to ico investors....................................


As much as current investors would love to have 8M divided among them, I think to be fair to both current & potential investors on the sidelines, and to allow BRO Devs to raise more funds, the BRO team should first release some Breakout games (at least a Demo) to raise investor confidence, then once major PR has been done, they should host a new 5 Day coin sale to give people on the sidelines ONE LAST CHANCE to obtain BRO WITH Bergstake.

This is what I propose for the next phase, but they should change it as they see fit:

Day 1: 3000 BRO + bergstake per 1 btc
Day 2: 2500 BRO + bergstake per 1 btc
Day 3: 2000 BRO + bergstake per 1 btc
Day 4: 1500 BRO + bergstake per 1 btc
Day 5: 1000 BRO + bergstake per 1 btc

After this new 5 Day sale, all remaining BRO + Bergstake should be divided among ALL ICO investors according to the amounts they invested, this way the entire 10 million Genesis Breakout Coins + Bergstake goes to ICO investors, as originally intended in OP.

Then once Breakout games have been fully tested and released, unleash this monster coin on all major exchanges and watch this baby rise to Top 5 on Market Cap list.



By current valuation , even if there was a demo of a working product at the maximum benefit of investors of 3000 coins per btc, you still have to sell over 2300 BTC to sell the berg stake/coin....in 1 days of IPO because after day 1 , there would need to be another 15 or so % being added on the total to sell out.

Not only that, you would essentially after changing the structure of the IPO previously before and now for a second time, saying This is the pricing system which in 1 day would need 2300btc + just the sell the rest of the bro coins , but after this stage everyone gets a share of the remaining coins. which is just endless complexity into what was an otherwise simple distribution method to begin with.  

Bu then again it was under my understanding we would of viewed and been able to test the beta by now, which would of brought in the influx of money .....which hasn't happened and i sort of agree there needs to be more money in the project than how much is now, but i thought we would of had something to test and play around with now like it was suggested at in the beginning.

BRO Devs already stated that "Remaining coins will be sold at a later date to be announced by Breakout Coin on this forum":

OFFICIAL ANNOUNCEMENT:

Hello Breakout Community.  The previous announcement post was for discussion of proposed ideas.  Breakout Coin Team will implement the following changes after listening to feedback from the community.
A.  Elimination of the PoW stage and the 7 million coins that would cause dilution of the market over a two yr period.
B.  Bergstake to begin from day one, allowing Bergstake owners ability to earn block rewards from day one.
C.  Increasing the pool of BRO coins in the "coin sale" from 5.5 million to 10 million.
D.  Approx 700 btc goal for initial phase
E.  If the total amount of btc raised falls short of the proposed 700 btc amount, we will raise the remaining amount through a "private" sale.
F.  Once the 700 btc criteria is met, the "coin sale" will end.
G. Remaining coins will be sold at a later date to be announced by Breakout Coin on this forum.
.....


Since only 275 btc has been raised so far, I'm assume Devs wish to at least raise the remainder of the 700 btc, through that coin sale by enticing potential investors on the sidelines with Genesis Breakout Coins + Bergstake AND more importantly, demo releases of Breakout games to raise investor confidence.

As I said previously, all remaining BRO + Bergstake after this new phase sale,  should be divided among ALL investors of both phases, according to the amounts they invested, this way the entire 10 million Genesis Breakout Coins + Bergstake goes to investors in both ICO phases, as originally intended in OP.