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.
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I just proposed that they should first release game demos to attract more PR & build more investor confidence, before launching a 5 day coin Sale, preferably hosted by an exchange like BTER or BITTREX, to attract more investors. (Eventhough I trust my funds with BRO team, much more than with those exchanges)
How do you propose this?
Either
A . Destory all the berg stake connected to the addresses when selling on bter because you cannot transfer them - this doesn't work it gives breakout over 50% control of all future earnings for the coin.
B. They keep the coins - Even worse
C. they some how manage to set up an agreement with bter to allow people to transfer address which would be an incredible amount of fucking around which no exchange is likely to do.
The berg stake is what prevents your idea for being simple and turning into something more complex and a huge waste of time .
Can we please stop using the stupid logic that the IPO was a fail because it wasn't on an exchange, i know some people are very simple minded and see that because recently bitbay made thousands in a few days that it is all about being on an exchange, But it is a proven fact that it is possible to get 50 times more BTC while not being sold on an exchange.
There are 20 different reasons all causing the lack of funds that were collected and a few big reasons like nothing to actually see .