Their tokens are created on the ethereum blockchain, they encourage and help blockchain start-ups. They are using the blockchain a lot, besides the tokens every feature will be more or less a smart contract. They don't build a new tech from scratch or innovate in the blockchain technology. They didn't say that.
Tell me what is the percent of "big projects" that do the same thing regarding roadmap milestones? everything I've seen so far are greedy as hell and take all the money from the very first moment. Bancor and status for example, both are look how innovative we are, we only need 3-4 mill$ to develop our product but we raise 120mil$ just because we can.
Topic: Why I love FundYourselfNow ICO (Read 294 times)
While this is a better way than how many ICOs choose to run, I wouldn't say it's unique or very innovative.
1. Funds released at roadmap milestones: quite typical with big projects, complete with recognised escrowers.
2. 20% bonus: always unnecessary I feel, and gives advantages to newcomers (and less incentive past the deadline).
3. "using the blockchain"... very common claim and it's not apparent how from the landing page.
Good luck, nevertheless.
1. Funds released at roadmap milestones: quite typical with big projects, complete with recognised escrowers.
2. 20% bonus: always unnecessary I feel, and gives advantages to newcomers (and less incentive past the deadline).
3. "using the blockchain"... very common claim and it's not apparent how from the landing page.
Good luck, nevertheless.
I have been in this field for the last of 2 years, there were many successful ICO-projects in this period. Lately I am surprised how hard is to find a real and honest ICO to invest it, I avoided Bancor for this reason... the project was good, but I saw no reason why they raised so much money.. how they are going to use them? Anyway, each week we have new ICOs, most of them get overbought in minutes. Today I want to share with you few reason why I believe in http://fundyourselfnow.com?utm_source=bogd :
https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FbzI7Pcm.png&t=578&c=B7wZ5lVmQj2MHQ
0) what is FundYourselfNow? A Crypto crowdfunding platform to find talent, raise funding while protecting project fraud!
1) At first, the project wasn't really interesting, but I was surprised to see how well the team reacted to the community feedback, they improved a lot the business model based on the community's feedback, they actually listen to them... quite rarely these days
2) Innovative: yes they are, think to Kickstarter, they will make sure the projects that come to the platform are real, they will check and save the team ID cards for example. They will implement milestones for the first time in a ICO. Basically, projects will get portions of their ICO money only when they complete specific steps of the roadmap - love that!
3) What about the FYN tokens? each project will have to raise at least 20% of their total crowdfunding in FYN tokens -> tokens will be blocked for a long period of time creating additional demand on the rest of the market tokens.
FYN holders will get 70% of the platform revenue, the revenue will come from a 5% fee taken from the total amount of money raised by any ICO held on the platform.
Small Marketcap
Do your own research, don't take my work.
Hopefully this post will bring a little value to this space. Kindly
https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FbzI7Pcm.png&t=578&c=B7wZ5lVmQj2MHQ
0) what is FundYourselfNow? A Crypto crowdfunding platform to find talent, raise funding while protecting project fraud!
1) At first, the project wasn't really interesting, but I was surprised to see how well the team reacted to the community feedback, they improved a lot the business model based on the community's feedback, they actually listen to them... quite rarely these days
2) Innovative: yes they are, think to Kickstarter, they will make sure the projects that come to the platform are real, they will check and save the team ID cards for example. They will implement milestones for the first time in a ICO. Basically, projects will get portions of their ICO money only when they complete specific steps of the roadmap - love that!
3) What about the FYN tokens? each project will have to raise at least 20% of their total crowdfunding in FYN tokens -> tokens will be blocked for a long period of time creating additional demand on the rest of the market tokens.
FYN holders will get 70% of the platform revenue, the revenue will come from a 5% fee taken from the total amount of money raised by any ICO held on the platform.
Small Marketcap
Do your own research, don't take my work.
Hopefully this post will bring a little value to this space. Kindly
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