I'm interested to invest but not at 100k PB/BTC.
The way this ICO is structured makes capital investment a second world citizen and doesn't incentivize investment.
For instance, promotion bounties receive 2M PB but current investment level after almost a month is ~10BTC which equivs to 1M PB. At this rate, people who are whoring out their signature and spamming their friends on twitter will get a larger stake than the actual investors they failed to attract. I wont be investing under these conditions.
What will make me invest is if either:
1) all of the ICO's allocated PB are shared between investors pro-rata of the investment with 100k being only a minimum in case of majorly successful IPO (not gonna be the case it seems). This needs not be the whole lot of 75M but this could be say half of it, like 32.5M split between investors. Note that this would strongly motivate investors to participate in this IPO.
OR
2) the fix PB per BTC is increased at least three-fold to 300k PB / BTC. This would allow a better balance between the reward of capital vs the reward of spamming and whoring one's signature.
I believe your concerns are valid and to Incentivize more participation in the ICO i'm going to be making some adjustments to the ICO structure that will guarantee a minimum number of coins are distributed to ICO participants. The bounty coins are caped at 2% of the coins that will be distributed to ICO participants so the amount of coins for the bounty will end up being less then 2M during the ICO.
the following are the changes that will be made to the structure:-The minimum amount of PB that will be distributed to ICO participants will be
35 million -bounty participants will be paid in the equivalent value in BTC based on the final ICO price unless they specifically request to be paid in PB.
The changes will ensure that the original ICO participants that supported the project will get a significant portion of the coins, and bounty participants will not be dumping coins shortly after the initial coin distribution.
