a minimum of 10k to participate? That is high risk investment if since we have no proof of a functional bot that generates profit, setting the two tokens at 5$ a piece seems a bit high as well especially since the model for the coin is focused on stability( wich is good for someone that wants to maintain a slow growing protfolio) but when you say 50% of profits will be distributed to tria holders, is this profit only generated from the "smart contracts"? If so then the only additional profit for this coin is with your smart trading technology, other than a hopeful increase in assets correct? And with Combicoin you imply in the white paper that other coins will come out underneath the parent coin(Combicoin) will these have to be purchased separately or will holders of this ico be rewarded? -- Sorry for all the questions just trying to piece it together, thanks!
The pre-sale is indeed $10k, but during the ICO that starts September 1, 2017, the minimum investment will be $100,-.
The token isn't set to 5$ per piece, The TRIA token is a bonus token you receive during this ICO.
91 - 99.9% of all funds raised will go into the assets of the CombiCoin.
The holders of CombiCoin will then benefit from the diversified risk and the growth of the top 30 currencies.
The monthly dividends paid are indeed generated by our smart trading software that will sell and buy coins with some profit, you can find a detailed explanation in the whitepaper.
50% of the generated profit is automatically transferred to all holders of the TRIA token.
We plan to release other type of CombiCoins in the future, but we will not create more TRIA tokens. These other type of CombiCoins will also be managed by the smart trading software. This will increase the monthly generated profit and thus increasing the monthly profit share to all TRIA token holders.
let me know if anything is unclear
I want to like it but just saying you are going to buy the top 30 coins seems... well plainly like a poorly executed portfolio. And the fact that you plan to release other combicoins leads me to believe that eventually this project wont be the teams main focus which isnt putting my thoughts at ease either, frankly the only value i see here could come frome the tria token and that is if the smart trading software is able to generate profit. I like the idea of a coin backed by other coins i just feel that choosing the coins should be a more slective process with money left to further invest in newer currencies. But by creating a coin that will only be backed by the top 30 at a time when most coins are at an all time high just doesnt feel right, is this the real straategy? And if this is successful why focus on creating other combicoins, just to get rich quicker? because if the intentions were to benefit the community as well as the coin and developers it would only make sense to expand on the assets backing the coin, i.e continually adding newer coins to back Combicoin as well as adding more quantity held. I could get behind this way of thinking, but here we are in an ico phase that is not yet proven and already talking of other tokens you wish to create, wich just means other money that will not go into further developing this coin.