A couple of things that appear to be unique to me about Blackmooncrypto are:
1. They repeatedly claim that their platform will be legally compliant, as mentioned in their whitepaper, they have designed their fund framework in a way that existing funds will be able to map onto their platform. They claim that they have checked with some major financial institutions and major funds and they have confirmed that the blackmooncrypto platform that they have designed is compatible with internal processes of these investment funds. This is great because then they dont have to convince anyone to make any changes to their business processes in order to use their platform. This framework also allows the team to work with other regulators to make sure that the funds on the platform are all compliant. This takes a lot of work off the hands of individual fund managers and also gives investors confidence that what they are putting money into is legal and legit.
2. The second thing that stands out to me is that they ahve this mechanism that protects the BMC tokens from dropping in value. They have this floor at 80 cents. The 30% of the money that goes into the company is put aside as part of money that will gurantee a buy back of the BMC tokens at 80% of their distribution value. So 80% of 1USD is 80cents, that will be the floor.
For more information I suggest that those of you who are interested should visit their website
https://blackmooncrypto.com/ or check out BMC telegram chat if you have any quuestions-
https://t.me/blackmooncrypto . The team is pretty fast in responding to any queries from the users.
The price of BMC is being traded under 80 cents. I thought price can't go lower than 80. It's already 25% under ico price. Damn!!!
You do realize that they gave themselves close to 50% of the coins right? Never invest in ICOs where they come up with clever terms "Foundation" "Team" "Strategic advisors" to distribute coins to themselves. Because guess what's going to happen when the coin hits the exchange?
Actually, if you read the white paper it describes a totally different reality. We only get these opportunities once in awhile and it pays off to dive deep into these projects to understand their potential. Most of the ICO's rolling out today are pure fantasy and very few are backed by successful real world multi-million dollar companies with a true vision.
If you read the white paper than you would realize that 30% of the token are locked up in the company reserve for no less than three years and only 20% are allocated to the founding team, not 50%, and that 20% is locked up in a smart contract for a two year vesting period.(
https://blackmooncrypto.com/bmc_whitepaper_170911_v1.18.pdf page 31) So, those tokens cannot dump on the market as suggested. And, those clever terms you are complaining about are defined and have contractually binding applications.
Now, you can invest in a simply written ICO, like Jesuscoin, because it is simple to understand, uses short words, and promises free tickets to heaven, or you can do your homework and discover a project that has an established team, a successful business model, and a great vision. It's all up to you, but do your research and don't let yourself miss out on an opportunity. Real opportunities don't come around as often as we'd like.