Why would sales accelerate if the price of the toke is going to increase? The first 48 hours of a crowdsale are indicative of it's performance.
Too many people want instant riches x10 lambos. That is not sustainable. Growing unique projects with a strong team like brickblock are the future.
They have raised $4.5m and that is good for them to get their goals completed.
Agreed. $4.5m is plenty of money for this concept. I'm not sure why they had a max cap of $50M. Probably for the lambos...
Sure. I understand this clearly. But as in Silicon Valley and traditional startup investing, you typically receive investment in stages based upon your growth and traction. ie. Seed, A, B, etc.
Companies needs to prove their concept and gain traction before receiving large sums of investment money. And in this case, companies shouldn't be asking for $50M with just a proof of concept and no traction. Let them use their $4.5M to prove market validation and gain traction. If you can't build a customer base from that, at least they fail with less investor money risked.