1. Not only the amount of money predicts success but also how well you manage and spend it. Can you share costs plans? If not, then it's strong argument against trust. Also if you have it but is not justified. Sorry I know from dev point of view is waste of time, but it is pro business approach.
2. As important as funds are current community voices. If many people feels it's not fair then it will propagate like that. That's the nature of things in here.
So maybe there is an option in between that will:
1. stop BTCD investors complaining
and
2. make them spread good vote for KMD
to make win-win ?
I think it's worth noting here that many coins go 3x on ICO market cap after launch. There are no guarantees of this, of course, and many factors involved. Ethereum and Waves were/are slow burners, others have gone 10x, but seen far more volatility.
Point is that BTCD investors get a 50% bonus, and then get to enjoy any price rise on ICO that comes from launch. If your concerns are solely financial, this seems like a pretty good deal to me.
Good points. We certainly dont want to get into making any specific market predictions, but I think it makes sense to do a few hypothetical "dilution" scenarios.Point is that BTCD investors get a 50% bonus, and then get to enjoy any price rise on ICO that comes from launch. If your concerns are solely financial, this seems like a pretty good deal to me.
For example at the max raised, over any other scenario, the BTCD holders arguably are "diluted" the most. Of course if the .0053 price is considered a fair price, there is absolutely no dilution, but there seems to be a sense that some massive price boost would have happened absent the conversion price.
Why?
Probably the general price increases of many other privacy oriented cryptos, you know what I am talking about. OK, so which komodo has a better chance to achieve 50% marketcap of the highest marketcap privacy crypto? The komodo which raised the max or half the max?
It is worth to note that if 50% of the highest marketcap can be reached, then it is indeed more than 3x gain from the max amount.
How likely is this? Well, that is a probability evaluation investors will have to make, especially if the funds raised starts growing toward the max amount.
What chance does komodo which uses the zcash zkp tech secured by bitcoin of achieving half the market cap?
And investors can wait to see a working testnet, working iguana GUI, to get a better handle on the technical risk. BTCD holders further get an entire year before making the conversion decision.
We have tried to make things as fair as possible for everyone and they say a good sign of a fair deal is that everybody is complaining.
It's just a simple graphic to demonstrate the basic characteristics of the ICO.
