"It is important to note these are initial values. Over the spand of a year the value of %-sold will be lowered by 33% a maximum of 2 times. For example, if 30% is sold initially, after 6 months it will be reduced to 20%, and then after another 6 months to 10%. This is to address investors return-of-interests as we understand profitability within the first year of operating will be lower than in the long-term."
It was originally 10% a fixed rate of 10%
now for the first year that has increased to 30% if the funding target they desire is reached, this was due to peoples concerns on this forum stating 10% was too low .
Moving the goalposts to favor the investors...................
anything else you got on that list?
if you buy equity in a company you can't just have it changed at the whim of owners...so if they made a ton of money they can put it at 1% or less...how awesome!!!!
They have increased profits for their investors for the first year to appease investors concerns , thus by doing so lowering their own profits for the first year.
They could build their own space rocket and attempt to fly to the moon also .
If they made a decision to destroy their own coin , just like any single developer of ANY COIN could do so, then that is one of the risks in crypto , its a risk in every single crypto that has been made . you are pointing out a problem with all cryptos .
Why do developers not do that? because then they destroy their income/earnings /project .
If they want to maintain a healthy business and a successful gambling website, reducing profits to 1% would destroy that business , their 99% profit of nothing is a hell of alot less than 70-90% of a healthy business