>No ICO
>Randomly sells chunks of coins whenever he likes at whatever price he likes for as long as he likes
Yeah, this is WAY fucking worse than an ICO.
These are my thoughts and concerns too^^
What's the reasoning?
I don't like how the dev can willy nilly do whatever he likes with a huge majority of the coins
400k in circulation? Have they all been distributed the same way?
Making a direct nice penny if so, trying to understand the benefit to others
>No ICO
>Randomly sells chunks of coins whenever he likes at whatever price he likes for as long as he likes
Yeah, this is WAY fucking worse than an ICO.
1) Selling coins á la ICO carries the risk of running out of funds should the price of whatever cryptocurrency you are hedging against goes down "unexpectedly"
2) This small quantity model works as a slow pace distribution. If you choose to buy or not, you are very welcome to the community in both cases anyway. Ricardo is very active at the slack channel, so please direct your questions directly to him.
You can see this model being replicated already here:
https://bitcointalk.org/index.php?topic=1969334.40Not sure how it works better then an ICO. From what I can tell, dev made a token and holds entire supply.
Slowly sells them to public, collects btc for himself.
In theory, why the hell would the dev continue working on the project if 1) all coins finally sell (and he's maxed his profit) or 2) people no longer wanna buy them.
you're selling your coin directly to people for direct profit. HOW IS THIS NOT A MASSIVE ISSUE
Hi,
You know nothing, you talk with your tight mind of kid you dont even know the signification of your words usage.
Lets be clear Ethereum fundation own the majority of supply, same with ripple, same with Bitcoin ( and yes, bitcoin is owned by devs team and satoshi premined a lot at start ), that is only some few examples, anyway is not the subject.
Aidos Kuneen is NOT PREMINED because he DONT HAVE BLOCKCHAIN, all coins are create in same time and all are equal ( 25 000 000 ) we call this A GENESIS COIN.
Then a lot of project have the same business plan to go sell directly on exchange ( Zcash for example ? ohhhh i refresh your memory ? ), the whole money raised is for invest in ADK directly, own a bank and others project around, yes it can sound like a euphoria but no no i confirm all the roadmap will be respected right in time.
Ricardo Badoer, show us his real good mind about it, after the problem with cryptodao he handle the thing personnaly for keep all users safe and recovery them ADK locked on cryptodao, and that is HOW the market should be, real big ball Funder with real BUSINESS PLAN.
Now tell me WHAT kind of funder on this kids market full of nerds retarded made that already ?
Personnaly i never seen, if yes give me example.
You are welcome on Aidos kuneen slack, investor or not it will be always a pleasure to talk about it and what he can go in future, all debates and discussion about Aidos is good.
O.M