To the people arguing that this project needs more funds because of its magnitude: You now better than the dev? he said 40btc would be enough.
You really don't get it do you?
Here..
https://www.cbinsights.com/blog/artificial-intelligence-venture-capital/"2013 saw investors deploy $581M across 142 deals to startups in the AI landscape. Q2 2013 marked the largest quarter over the past five years for AI investments with companies including Anki, Tempo AI and Skytree raise funding. Of note, funding to AI-related companies nearly tripled over the past five years – rising from $178M in 2009."
Those AI startups received on average $3,000,000 in funding per project.
That is not the point, I don't doubt such things are worth millions in that context and perhaps in this one as well one day.
The point is he set a funding threshold where he would consider the crowd-fund a success, based on whatever parameters that only he knows, be it low or high, it was apparently enough for him to go through with his project.
He seems honest and open about his intentions with no apparent signs of greed, that and he not hiding his identity is what sold me into XQN. If he had come up with this argument first (not enough) it would have been completely different scenario and probably people would've understood - don't pretend to know what is better for him and what kind of budget he needs upfront - seems he's being manipulated and of course he won't turn his back on more btc if a couple of member insist for their own benefit. He as the dev has the power to make some very good profit from both his coins if he commits to them, delivers and does not end up abandoning them - You know? like the good ol' days before the ICO trend.
How do you figure more btc invested doesn't benefit you in the long run?
I see a bunch of people looking to hype this coin short term for a quick buck.
You can't all be serious when you say you've lost all hope in the project because of another extension..
I'd rather have some bad communication in the beginning than see the project fail due to funding issues.
Neo666, I respect your opinion, I'm just saying that this guy has given out his identity and credentials and he loses all credibility by wanting to give his project the best chance at success, which happens to involve an extension or two?
It's one week guys..
Edit:
Please show me a few comparable projects that have succeeded with 55btc ico?
As far as I can tell, anything comparable has 100's of btc invested.
