Buy the ICO sell with 2x-5x profit win win , that's why I only participate on iCOs.
Doesn't always work that way. Remember Bitbay's launch? or Waves? overhyped, overbought icos that went over like a fart in church at launch. Long term it's a good investment maybe, but this could easily end up like those. If that's the case you are much better off waiting for the dump at half the ico price to buy.
Recent ICOs are pretty good, at least more than 50% good.
Recent icos didn't take in even 1/5th of 1 million eth, or $300m usd. If it really does that I wish buyers luck, I'm out. When you add the other 50% of coins you are over half a billion mkt cap - you must be out of your mind thinking this is a good ico price. Where is the upside?!
If this idea takes off it's a good price, but we have no idea if it will or not. Risk/reward doesn't work with an ico price that high. At all. Of course we are all assuming that will happen - maybe it will only take in 200k eth or something, and take the full 14 days. In that case I'm in.
It's too late and I literally
JUST found this thread so have mercy with this question, how do we know the cap again? I thought it was hidden but everyone keeps saying 300 cap with 750 or something.
I was almost exclusively interested because of the hidden cap...saw how well that did for aragon when I got home and it was over... T_T
My perspective has changed on BANCOR, I may support this project(probably not). My issue is the amount of money going to the dev team. ~50% of funds(ETH) from ICO is going to the dev team while 10% coin to founders, team members, advisors and early contributors, is an issue for me. It shows BANCOR does not have a big economic stake in the coin, they have barely any coin when it is split amongst all those people. You would want the project you support to have the devs have a bigger stake in the coin and less in the ICO funding. They should take less money from the funding and have a bigger coin stake, due to this I will most likely not support this project. However I feel their ICO set up is not too bad, the 1 hour hype and all that marketing hype is still shill. Due to those issues I'd still put it in the "Dev Shill Category"
In my opinion the best way to set up a project in todays' age so Whales don't buy it out and letting all participate is to set an unlimited cap over a month with proceeding less coin per round
EXAMPLE 1 ETH = 1000 BNT First Week, 1 ETH= 750 BNT Second Week, 1 ETH = 650 BNT Third Week, 1 BTH = 500 BNT Fourth Week
