Happy Easter btw.Normal people have a time with their families, but smarter ones like you spread a FUD.
If you don't like the project don't invest in it.Its simple. The project will be successful without you,don't worry
Btw thank you for bumping up the thread
Happy Eastern too.
No, it is not FUD spreading, it is protecting community users from investing in products of dubious outcome that can end up in a scam. This community have already experienced enough scams. So it is a moral duty for whoever sees something wrong in a new announcement to warn everybody and request more details. If your project has nothing to hide you just have to address the concerns and provide explanations and guarantees.
In my two previous posts I made some points and asked some questions. I am going to try to formalize them in bulleted questions that I think you should answer. I think
no reader should buy this crypto unless they are addressed:
- Which is the legal framework that binds the profits of the building construction to the "dividends" that the token holders receive?
- What percentage of the total earnings the holders will receive? How are you going to make the process transparent?
- Who is going to audit your accounting and the dividends distribution?
- How are you going to pay out the dividends? FIAT? New tokens? How are you going to distribute it?
- In case you are wondering to pay dividends in new tokens, do you think people will not realize that you are inflating the cryptocurrency and not distributing the earnings?
- Having available already a system to find new investors and share the benefits of the venture, called "shares" (or "certificates of shares deposit", in case you don't want to give us political rights), why are you choosing an ICO instead?
- Share holders are legally protected and worst case scenario they can force the company to sell its assets to recover part of the investment. What kind of protection will have the BUILD holders?
- And finally, and summarizing all of the above, why do you prefer to have token holders instead of share holders for your venture? Is it because you don't want them to have any kind of right or protection in case everything goes wrong? Is it because it is a scam?