1) ICO is too small
3) POB 2 years is too long
4) 250k coins a month in POW is too large (Large mining farm will sell and put too much pressure on the price)
5) POW time line is too short
POB must start after POW so either POW is to short or POB starts in too long... cant be both.
the larger the ICO, the larger the pre-mine, in order to lower the % pre-mine, POW rewards must be large.
all this is to maximize distribution and minimize centralization.
an even better coin would be 5 years of pow and then pob, with 7 million pow over those 5 years.. but that was too long. this is the first pob coin, and there is real technical innovation.
most reason good alt-coins die, is lack of marketing and support. Breakoutcoin should be as string and "stable" as any alt-coin.
if the ratio of ICO / pre-mine is to low.. the market will price it correctly. everyone said they will wait to the end if there is an uncapped ICO, maybe thats what they are doing. we are averaging 5 investors per-hour, so far the distribution is perfect. yes, not alot of BTCs have been raised yet, isnt this the best case scenario for the small ico investor?
i understand everyone just looks for things to complain about, it is bitcointalk after all.
I have been around long enough to know that this configuration will make people sceptical.
I suggest you have a long and hard look into it.
I have invested/gamble 1btc and would probably INVEST more if it would make more sense to buy now than later
People are not waiting for the end of the ICO, they are waiting to see where this coin is priced on exchanges.
4.5mm / 1000btc = 4500coins per BTC
Where do you expect this coin to trade? 0.0002? my guess around 0.000003 once the hype is gone
That's not very attractive especially when you consider that you can already gamble with BTC on almost anything, having a few poker pro that were probably promise free coins to support the project doesn't had to a market cap higher than 50k
How many poker platform online is there around? Show me a good business plan and I will find you larger than life investors but so far I haven't seen much.
Just for info 888poker has a revenue of 400mm USD a year, a market cap of 465.96M GBP and it's trading at 1.3 GBP
You aren't investing in Breakoutgaming. This is the ICO for Breakoutcoin, the currency of choice for the gaming platform. The best way to gauge the value of Breakoutcoin isn't the market value of Breakoutgaming, but the demand to gamble on the site. Even the crappiest of poker sites can have a few million on deposit.
please elaborate. Does it mean that the more people gamble the more coins will be earned by POB? How does deposit affect the price of my holdings? Where is that written?
Come with a Business plan show me some figure
The old days of people investing thousands of BTC's without at least a business plan is over
