Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BRO] Breakout Coin Sale *Last Day Bonus* | PoB | Poker Celebrities
by
bitarri
on 21/11/2014, 09:04:38 UTC

bitarri, we do appreciate your continued support.  The timeline you are suggesting is incorrect.  We always had the intention to end on the 20th of November.  When the bonus levels were dropping every 48 hours, the block rewards for bitcoin were constantly changing and we made several changes during that time to adjust for the 48 hrs timeline.  Same thing here, at certain times the clock estimated to close on time and others it was too early.  We wanted to keep the end day on the 20th.  Nothing more, nothing less.

As for your whale theory, the goal that we wanted to raise was 700 btc.  We announced early that if we fell short, that we would do a private sale.  There is no rush for a private investor to contact us, because we reserve the right to raise the difference if the crypto community falls short of that amount. This has been known and repeated several times. Hence, there is no need to extend the sale or raise it to appease a buyer.  

The bottom line is this.  We thought it was a nice gift to existing participants and new buyers alike to get a nice bonus before it closed.  Nothing more, nothing less. In truth, we had no idea if there would be any more traction with the change anyways, considering the last week. No additional coins were being created and nobody's share is getting diluted.  We are offering more coins from the original 10m coins we need to sell in order to fund our project.  Nobody is getting hurt but ourselves.  Again, we repeat, this was meant purely as a nice gesture, but got twisted and spun another way.  Anybody that wants a refund, we will refund your btc account after the coin sale closes shortly.

Your response about the timeline is reasonable, therefore my theory is flawed and I've edited my post accordingly.

Let's hope that the investors who took advantage of this last day sale are in this project for the long term.

As much as I don't like the recent price change, I'm glad to see you proactive at raising funds for the ICO. I hope these efforts extend to some serious PR and marketing to increase the number of investors and help the overall distribution of BRO.