Quote from: LLec on November 14, 2017, 07:13:28 PM

Quote from: noodle_dam on November 14, 2017, 06:04:18 PM

I really like the sound of this ICO, both the refundable part of it and the idea of investing in small altcoins as a group!

Can you explain a little bit more about the investment strategy please?

I have been in some pump groups and I know how quickly you can drive the price up for a smaller coin when you combine your buying power/btc, and how profitable it can be! Grin

But how will you prevent the coins from crashing down again, once you have pumped a coin?

Although it's true that we will be able to move market prices and substantially increase the market capitalization of many of the small to medium size altcoins that we will be investing and trading in, we are in this for the longer term.

We are looking to invest in promising cryptocurrencies and crypto assets that are currently undervalued, and help them grow and improve in every sense.

Part of that may involve setting up buy walls and other things that you have seen pump groups do, but our main focus will be on improving the coin/asset/offering and bringing it to the attention of a wider market.

That is how you get real long-term growth in a coin.

There is a good example of this in our white paper, of the coin that used to be called DogeCoinDark (DOGED) and was re-branded to Verge (XVG). You have probably heard about it?

Their team made a lot of great of improvements such as as bringing in multi-algorithmic mining, TOR-I2P to enhance privacy features etc.

The point is this though.

The combination of an active development team, new and improved features, new branding/website and successful social media competitions etc. helped revive the community interest in this coin.

Verge went from a trading volume of less than $100,000/day and a market cap of around $1 million in early May 2017 to a trading volume of at least a couple of million dollars per day, and a current market cap of almost $90 million now.

That is a 90x return on investment, meaning if you invested $1000 you in May of this year, now in November six months later you would have around $90,000.

If you are following the altcoin market I am sure you have seen this before with many other coins.

Maybe not 90x but small to medium size coins that just get a new website and/or a wallet and improves functionality can often immediately gain 100s of percentage points in a very short time.

Our investment strategy is to make long-term improvements to small and medium size coins that will not only improve their functionality, but also make them more popular with both users and investors.

When you have a decent/good starting point, but a developer/founder who has lost a bit of interest or direction, and you come in with a new strong development team with proper funding and a community to help drive market adoption, you can make wonders in terms of price and market capitalization. Grin

Thanks for a good question, and I hope that explains our strategy a bit better?

Thank you for the detailed explanation!!

This sounds like a VERY VERY exciting project and I am definitely going to invest in your ICO! Grin

I am not worried about you guys being anonymous. Many great projects have anonymous teams and since you GUARANTEE that no one can lose more than 20 percent of the money they have invested that is a better guarantee than any other coin or ICO I have invested in!

Is there anyone who is NOT on your team that can confirm that your smart contract works the way you guys say it does?

If someone else can guarantee that its completely safe then you will have a serious investment from me 1 minute after you launch this! Grin

noodle_dam

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