As a way to prove that diversification works, see:

https://ibb.co/kONsBJ

Value on contract is always viewable at real time: https://etherscan.io/address/0x18842351112c698405940d90e0e2b76e86be3395#readContract

The initial transaction worth 0.25 eth x10.000 = 2500 MIB tokens

Now those 2500 MIB tokens worth 260254578362783552 wei or oaround 0.26 eth.

It's market variable, yes, but since you are backing your eth on a token (MIB) that uses as support 8 different Bancor tokens, it will be more realiable on a long period of time.

Nothing to hide, also if you think there is any exploitable or wrong on this contract, the value stored in the contract is your bounty, go ahead.
 

Only one word to add, diversify https://bitcointalk.org/index.php?topic=3765425

You can make a single-transaction diversified investment with this https://bitcointalk.org/index.php?topic=3765425.0
it includes:

EOS
ELF
Pundi X
POA
Dragon
SIRIN
Wax
PowerLedger

(fresh from the smart contract oven)

Contract can be seen here: https://etherscan.io/address/0x18842351112c698405940d90e0e2b76e86be3395#code

CONTRACT EXPLANATION:

The contract will automate the investment process on 8 tokens, this means, a SINGLE token backed by:

• EOS
• ELF
• Pundi X
• POA
• Dragon
• SIRIN
• Wax
• PowerLedger

You can verify them all on the contract.

THIS IS THE FIRST VERSION WE WILL EMIT, IF YOU WANT OTHER TOKENS TO BE ON A SIMILAR CONTRACT ONLY ASK FOR THEM, 8 PER CONTRACT, WE WILL USE FEES TO COVER FUTURE DEPLOYMENTS.

Initial token supply on contract is ZERO. While you send ETH to contract, it generates an amount of tokens for you depending on the stage. The initial stage will be for a fixed rate of exchange, you will receive 10.000 MIB tokens per ETH.

Once 10 million tokens have been sold, the contract will then change to an automated price mode, the price will be calculated depending on the ETH value stored on contract and the Total Supply at that moment.

You always will be able to claim back your multiple tokens part simply sending the MIB tokens back to the contract. Your part is calculated directly as a relation between your MIB tokens and the total supply until the moment.

NOTICE:
*The admin can only update the bancor addresses in case they change something, this no affect your funds withdrawal.
*If the tokens held on contract increase on value, your MIB token will increase on value.
*If you acquire tokens during the initial phase the chances are the you will receive a better share from the contract.
*This contract interfaces you with multiple BancorRelays, you can verify every address, source is public.
*There is a fee of 0.5% on purchase or withdraw, nothing more, nothing less.
*To make use of this contract, you have to set the GasLimit as follow:

• For purchase: 6.000.000
• For withdraw: 500.000

*Remember, you are handling 8 different currencies at once, you are free to use the contract but it's recommended to send almost 0.1eth when invest.
*Recommended time to buy is when token market gets low and retrieve when token market gets high (common sense).
*You can check the max gas price the contract will allow to choose: reading the contract at etherscan, you will see the viewGasPrice function available.

Remember!!!!!: This is a diversified invest contract, only invest what you can afford.

We are working to list the token on Myetherwallet and Etherscan so you can trust the source, but the contract is clear for you all.

The token watch parameters are:

• Token Contract Address:0x18842351112c698405940D90E0e2B76e86be3395
• Symbol: MIB
• Decimals: 18
• ENS address: soon!

Notice: We don't give any warranty on the code, it's opensource (Github soon), feel free to use it but remember to say thanks on your code, copyrights still exist.

If this project seem interesting for you or help you in any way, please share it, you will support our work as developers, peace!

  Hi i see that the project have no new commits in around a month, maybe you require some more members to develop this great idea or maybe open it to be managed in a decentralized or democratic/meritocratic way?

Any date for the PreICO? Bonuses, time, minimum invest?

The idea seems good, it's like the announced Venezuelan Petro, backed by real stuff but i have some doubts:

• Is it politically tied to the Venezuelan government like the Petro?
• How the token distribution will be?
• Have you some bounties program?
• Have you some projections about the Return of Invest on the next years?
• Have you any form or database to get listed and receive more info?

Thanks for the answers in advance.

INVOT?   Actually i see a possible scam there, i can't find any real documentation, code, investigation, paper more than marketing, also i found this looking for the founder name + Venezuela (the country of invot): http://www.eluniversal.com/nacional-y-politica/150321/the-central-bank-of-venezuela-lost-usd-35-billion

"More than USD 3.5 million of Central Bank of Venezuela (BCV) money were lost in their way to the Dominican Republic. Some Venezuelans are among the 5,000 victims of the bank's collapse. And not even the entity responsible for overseeing Venezuela's monetary policy was spared.

A few weeks ago, the Dominican Republic's National District Office of the Prosecutor issued an international warrant to arrest José Luis Santoro Castellano, Gabriel Jiménez Aray and Daniel Morales Santoro, three Venezuelan senior managers of the collapsed Banco Peravia bank charged with conspiracy to commit money laundering and other crimes"