Topic: [ANN]BlockCDN:A application build on Ethereum smart contract - page 20. (Read 173706 times)

How are they going to take care of the Miners that also invest their ETH and time into the project.

ico that failed is, when the developer is rarely visited threads when many questioned and there is no response

Yes I totally  agree need to paid all participants who joined the promotion atleast in BTC .

The OP just make my day with the announcement that the ICO IS DEAD and go straight up with the refunding without hinting if their will be another ICO in 2017 signature, social and translator who have invested their time will not be paid that is why it is best to get paid in BITCOIN if the project have a minimun goal or they can just develop it.

Hi guys,

I really wanted this ICO to succeed but the writing was on the wall for me weeks ago when I saw the lack of funding progress.

Just to explain to you why you've failed:

- Simultaneous mining reduced incentives to donate.

- Not publishing a detailed business plan on how much of the funds raised would be reserved for salaries, promotion, development, emergencies etc and when these funds would be used.

- Lack or organised daily promotional campaign to raise awareness several months *before* the crowdfund date.

- Using bitcointalk as a community thread. The quality of 'investors' here is shocking and bitcointalk itself is filled with a lot of junk data, junk talk and suggestions.

- The 3 year limit on token holders earning dividends; nice way to screw your investors over in the long term. From the community chatter I've read outside of bitcointalk this reason alone was the biggest one that stopped people from investing in your crowdfund.

- Lack of daily, active promotion and community engagement in forums where serious ethereum investors hangout e.g.

Ethtrader reddit
Ethereum reddit
Smith and Crown
ICO Countdown
Evan Van Ness Ethereum newsletter


You absolutely should *not* do staged crowdfunds, unless:

- You are willing to present detailed expenditure plans, roadmaps and goals to your community and
- Publish regular confirmations that the goals/roadmap is being reached before acquiring further funding.

I like that you have a public beta. I like that you are targeting a clear market with actual demand and provided a case to undercut and take a segment of that markets profits. I like the fact that you got an ex-barclays boss on board.

That suggests you will find a way to make this work. Unfortunately your horrible promotion at this stage shows me that while you may understand the CDN community, you absolutely do not understand the Ethereum community or blockchain investor community either.

I'd sack whoever was in charge of your marketing and get someone who understands crowdfunding. Try looking and imitating the strategies of Golem, Augur, Digix, Firstblood or any number of ICO's which reached their targets within day 1.

how about signature campaign,can I remove my signature now?

Just curious how much fund raised? how much short of the target?