Pre-sale results:
That is it?
If this list is right, this coin only worth a market cap of 20 btc.
10% premine sold for less than 2 btc, lol
Look at other coins with IPOs, like VIA. You have to take a risk on ICOs which is WAAAAYYY higher than buying it off an exchange when the volume is known. So many ICOs fail.
It's truly irrepresentative to use the ICO to determine the market cap if there's a large mining period.
Firstly, VIA has a developer which is senior member
Secondly, it has much more innovation than this, it takes the developer some time for developing Via while this coin..., i don't want to say much, ppl will understand.
Third, VIA IPO was sold for more than 600 BTC, if u look at it, the market cap of VIA fits with its price (there are some other things i dont want to detail about VIA, I can only say there is a reason for its success, but i cannot tell), on the other hand, this coin have a total ipo of what, less than 2BTC?
If 2-3% ipo was sold for 2 btc, that is acceptable, 10%? Just watch the dump fest
The initial aim of this coin is for fair distribution, but now, according to the IPO, it is not fair distribution at all.
@Vald, i am not against u in this topic, i am just sad about the short-sighted dev. This coin could be another MIN, yet the 10% IPO will ruin it, sorry for pointing it out.
