IPO money will be used for the following topic:
- Anonymous transactions by August
- Merchandise site by September (shipping in Europe only) by August
- E-coins - Exchange that allow user to buy a basket of coins at a certain value and not coins separately by December
We hope to hire at least 4 engineers to achieve above targets. We have estimated the number of hours at 3,000 hours. There is a total of 176 hours per month, multiple this with 4 should result in 704 hours a month.
On Average we will pay every engineer $5, so IPO amount should be around $15,000 to achieve all targets.
Currently we are with :
1. One Project Manager - He will manage all the tasks of future engineers and outline the next moves.
2. One Marketing Leader - He will be responsible for social media, twitter, etc
3. Two part time developers - They will work on the website,and support the hired engineers.
Above people will be paid using the pre-mine coins.
Now really is there somebody insane enough in this forum to believe the crap in this wall text ?
People , wasn't visacoin enough for you?
Mmm, are you a delevoper? I'm a C++ developer and do some changes for warehouse management system, and some of those change are more then 10,000 hours, so I believe what is written here can be correct. It can take easily 3000 hours to do all above tasks. Honestly i find the estimation even pretty low to achieve this WITHOUT BUGS.
The problem is that they will never get those $15,000 during IPO, and i believe they know that too.