Topic: The ICO I would buy into, can any trusted DEV check this out? (Read 1194 times)
i learn smt
The problem with ICO's is that dev usually has full control over the funds. After FUD army kicks in, even honest devs pack their bags leaving with what they can.
I do not buy ICO's for a long time, but I can surely propose few ideas on the new coin and distribution method I would definitely buy into.
ICO
1) Do ICO on 3-4 exchanges with high price for the coin. Before the process starts, exchanges must agree to place buy wall with all the funds (after fees of cause) at the moment ICO ends. I would prefer 2-3 weeks for better popularization. If one of the exchanges goes kaput after trading starts (I assume not many people keep their funds on exchanges), and knowing buy wall amount > hard fork and redistribution of equivalent amount of coins for the lost ICO fund.
The coin:
1) aPOS. Not a programmer, but I guess anti-POS is possible. If wallet can generate coins, why can't it destroy them? With limited amount of coins in distribution, very small amount of destroyed coins will only increase value over time. Not running wallet will go nowhere, you'll still need to sync before touching the coins.
And of cause reputable dev with main account, no need to POD if everyone knows your virtual identity. No matter new features, 1-2% to incentivise developer would be tolerable.
New innovations, blockchain 2.0, SomethingNET, you can do whatever your soul desires. If ICO investor knows he has almost nothing to loose you'll get some huge crowd to work with.
I do not buy ICO's for a long time, but I can surely propose few ideas on the new coin and distribution method I would definitely buy into.
ICO
1) Do ICO on 3-4 exchanges with high price for the coin. Before the process starts, exchanges must agree to place buy wall with all the funds (after fees of cause) at the moment ICO ends. I would prefer 2-3 weeks for better popularization. If one of the exchanges goes kaput after trading starts (I assume not many people keep their funds on exchanges), and knowing buy wall amount > hard fork and redistribution of equivalent amount of coins for the lost ICO fund.
The coin:
1) aPOS. Not a programmer, but I guess anti-POS is possible. If wallet can generate coins, why can't it destroy them? With limited amount of coins in distribution, very small amount of destroyed coins will only increase value over time. Not running wallet will go nowhere, you'll still need to sync before touching the coins.
And of cause reputable dev with main account, no need to POD if everyone knows your virtual identity. No matter new features, 1-2% to incentivise developer would be tolerable.
New innovations, blockchain 2.0, SomethingNET, you can do whatever your soul desires. If ICO investor knows he has almost nothing to loose you'll get some huge crowd to work with.
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