Here are my thoughts:
Positive:
- They have all requirements for a good ICO (proper information, whitepaper, site, KYC, team)
- The KYC is important for me because it shows they are serious about what they are planning to do (no KYC can kill a project later on)
Negative:
- They say they are in progress of listing their token on Binance, I believe all major exchanges have you sign an NDA if you want to apply, which basically makes things a bit fishy (so I would not trust this part)
- An ICO that allows you to calculate "possible" future profits should be taken with extreme cautions, every ICO is a risk, none of them can guarantee profits
If you believe in their project and that they have an edge compared to their competitors, than what is stopping you?
I have a simple rule “check twice” (or even more) to make sure is it a right project. It’s good that you can get different opinions from people from forum in this way you can easier take you decision.
Asking questions to random strangers will make it highly unlikely it will provide you with the answer you are looking for, some might even have their own agenda on why you should or should not "invest".
It also depends on why you want to buy?
- Is it because of speculative behavior? In this case a high cap will suck a lot of oxygen out of the market cap (no room to grow), see Bancor for instance, 100MM USD Cap means you have factor 2-3 to grow, if they had a cap of lets say 30MM USD, the same end result would mean 7-10x growth.
- Is it because you believe in the product and you want to make use of it yourself? Than price does not really matter, as long as the team can execute
- Is it because you want this product to exist as it will help micro-financing in some poor country? Than again price does not really matter, as long as the team can execute
Based on your original post I would say this: raising more than a competitor is not always in the best interest of the investor/buyer. (see the Bancor argument)
