Are you in favor or against pools for private sales? - page 4.

Neymar10

sr. member

Activity: 588

Merit: 250

Quote from: jvper on March 29, 2018, 07:03:53 PM

Ever since ICOs became so damn popular and mainstream, pools like the Crypto Whales Pool started pursuing the best presale deals and sometimes they are the only possible way to have access to the best tokens before exchanges.

On the other hand, some project deny access to pools. Or at least they claim so.

Are you in favor or against pools for private sales?

Personally, I never used pools yet, since I did not see them in the open access, and I always thought that this is a closed information. But many projects close their sales due to big players (and pools are also included in this number) so it's very interesting and I would like to try

Bttzed03

legendary

Activity: 2114

Merit: 1147

https://bitcoincleanup.com/

It is not a bad thing to participate in pools especially if you cannot meet the minimum contribution required by certain projects. Just have to be careful and invest what you can afford to lose.

ManaMan

member

Activity: 238

Merit: 38

Quote from: jvper on March 29, 2018, 07:03:53 PM

Ever since ICOs became so damn popular and mainstream, pools like the Crypto Whales Pool started pursuing the best presale deals and sometimes they are the only possible way to have access to the best tokens before exchanges.

On the other hand, some project deny access to pools. Or at least they claim so.

Are you in favor or against pools for private sales?

I think that I am in favor of them, why not? If pool is reputable and there is low chance of being scammed or to get refund if it turns out to be unsuccessful then why not. It give you opportunity to invest at lower rates even if you don't have high amount to invest, which is like giving the ordinary people higher chance to profit, not just giving the rich dude the opportunity to pile up more money.

lolek_bolek

newbie

Activity: 40

Merit: 0

I think its a good idea to help the small fish get a piece of the good pie.
however with the current state of the market less and less ICO reach hard cap so the needs for pools diminishes. Lately pools are only good for getting higher bonuses if min investment is too high. A good project for this is Ocean pool

jvper

hero member

Activity: 966

Merit: 507

Quote from: Boristhecat on April 05, 2018, 12:30:36 PM

Quote from: jvper on April 03, 2018, 09:25:28 PM

By the way, more and more ICOs have been cancelled because pools and whales bought all tokens on private presales. Mithril (more than x10 since launch) and OPEN (still to be distributed) are the newest examples.

Some of the top ICOs are only accessed through private sales.

This is a serious problem for ordinary market participants who can not afford to be in any pool. But now the market has a lot of undervalued coins and now this problem is not so acute. If the ICO boom starts again, I do not even know how these ordinary members will behave in order to compete with the pools.

I believe entering in the pools is actually more affordable than participating in private pre-sales directly. Even though pools do have a minimum contribution size, it is usually below 1 ETH.

Dimanman113

newbie

Activity: 182

Merit: 0

I participate in the pools. It's easier than most. Moreover, I trust in the choice of IСO the pool in which I participate. They collect for participation in IСO 2$ million for 1 hour. When you go through the pool on PRE-Sale, you get good bonuses! But it is a long time to wait for the tokens, with PRE-Sale to enter the exchange takes a long time.

Agat22

member

Activity: 125

Merit: 10

I am in favor for pools for private sales. There may simply be no other opportunity to participate. Although, of course, in such an organization there are many negative sides. Better would be the possibility of personal participation.

Boristhecat

hero member

Activity: 756

Merit: 629

Quote from: jvper on April 03, 2018, 09:25:28 PM

By the way, more and more ICOs have been cancelled because pools and whales bought all tokens on private presales. Mithril (more than x10 since launch) and OPEN (still to be distributed) are the newest examples.

Some of the top ICOs are only accessed through private sales.

This is a serious problem for ordinary market participants who can not afford to be in any pool. But now the market has a lot of undervalued coins and now this problem is not so acute. If the ICO boom starts again, I do not even know how these ordinary members will behave in order to compete with the pools.

sindikat

full member

Activity: 364

Merit: 106

Quote from: Noelbetty12 on March 29, 2018, 07:18:43 PM

I do like the concept but I think when one would really like to do a scam, It is still possible no matter how many witnesses they called upon still safety cannot be guarranteed. Identities can be faked and stolen. Safety would be I think is when it is not made anonymous which is not the case of cryptocurrencies when it was invented.

What to do to those people who do not want to disclose their data. The task of the ICO is to collect private investments for the development of projects necessary for people. Why should I Finance regulators? We now have so much bureaucracy that many inventions are left without funding. Governments want to deprive us of the opportunity to Finance the inventions we want.

limmousine

sr. member

Activity: 546

Merit: 251

I agree, but every purchase per investor should be limited and the bonus given should also be low. Purchases must be limited because to avoid monopolies that will be made by individuals, groups or other communities. And the most important thing is that all participants have to go through the KYC process.

weborsha

member

Activity: 560

Merit: 11

Bonus tokens for early investors are usually paid pretty generously. But on the other hand, the soft cap is often reached during private sales, so those who contribute later feel much more secure. Anyway, you cannot be safe from scam whether there is private sale or not.

cchub

full member

Activity: 560

Merit: 101

Migranet ITO

I preferred the old way of ICOs. No pools. But they exist nowdays and this is a fact I need to deal with, so I we need to adapt. Thanks for the info a a good pool. That's rare nowadays. Lots of scams out there.

jvper

hero member

Activity: 966

Merit: 507

By the way, more and more ICOs have been cancelled because pools and whales bought all tokens on private presales. Mithril (more than x10 since launch) and OPEN (still to be distributed) are the newest examples.

Some of the top ICOs are only accessed through private sales.

jvper

hero member

Activity: 966

Merit: 507

Quote from: Noelbetty12 on March 29, 2018, 07:18:43 PM

I do like the concept but I think when one would really like to do a scam, It is still possible no matter how many witnesses they called upon still safety cannot be guarranteed. Identities can be faked and stolen. Safety would be I think is when it is not made anonymous which is not the case of cryptocurrencies when it was invented.

According to game theory scam will not happen if the scammer will surely lose more than win in case he/she scams.

snapee11

jr. member

Activity: 182

Merit: 1

On my own opinion, Private Sale is never ideal if we're talking about the decentralization and in addition to that it could be too risky to take that if we're on investor side. The seller might run away or in other words scam us. Btw I'm just a noob.

Noelbetty12

jr. member

Activity: 168

Merit: 5

Now You Can Be The Bookmaker!

I do like the concept but I think when one would really like to do a scam, It is still possible no matter how many witnesses they called upon still safety cannot be guarranteed. Identities can be faked and stolen. Safety would be I think is when it is not made anonymous which is not the case of cryptocurrencies when it was invented.

jvper

hero member

Activity: 966

Merit: 507

Ever since ICOs became so damn popular and mainstream, pools like the Crypto Whales Pool started pursuing the best presale deals and sometimes they are the only possible way to have access to the best tokens before exchanges.

On the other hand, some project deny access to pools. Or at least they claim so.

Are you in favor or against pools for private sales?

Topic: Are you in favor or against pools for private sales? - page 4. (Read 948 times)