Thank you for your comment.
When we launched the ico most of the tokens/coins where less than half the price they are now (btc at 5000, eth at 300 and ltc at 50) so the early contributors „paid“ less than the current ones in a mathematical sense but we still understand the feeling of beeing an early backer.
First of all we spent 400,000 USD on marketing which came from our own initial investment. Since the ICO industry skyrocketed since June (where we initially planned the ICO) you can also imagine that the prices for advertisments skyrocketed. In fact the prices went up x10 since June which is crazy. So it is not a lack of marketing funds nor were the funds spent in the wrong place.
Please consider that the Bonus tokens now offered ( 50 % for 150,000 REA) come directly from the Teamtoken pool. Everyone (also the first day investors) will benefit if there are more funds raised.
We also consider the idea of stretching the ICO. The problem ist that we would need massive marketing. Right now we feel that it would be unfair to take marketing funds from the amount raised as this money is supposed to go into the project.
Thank you for explanation.
400k USD seems a decent figure, but if you look at how much money did it bring it counts up to about 4k from 1k spent on advertising. Thanks not impressive but as you said, if the prices skyrocketed (which is something quite easy to believe looking at the current hype) that might be understandable.
You are doing it very right with all the incentives, almost 800k gained since they started. Definitely you shouldn't take the funds for marketing from amount raised. I would say some more incentives, I dont know i.e. extra 1000REA for one random person each extended ICO week (3 weeks only)?
You are ruining your pot obviously - but as you said, everyone will benefit from increased funds pool, including yourself.
In my opinion 2mln $ is miniumum to at least get started, it should get better (and easier to get funds/partners) once everything is LIVE and working well.
btw when will that 2500 rea lottery take place?
