That's a great approach. I'm saying it sounds like a great project but the development team should've thought about the initial distribution plan more and give everyone an equal opportunity to buy in. Only a completely greedy person would have the attitude that it's FUD or have the "You missed the boat, live with it" mentality. You should be able to see a problem with allowing people to invest 10 btc with a cap. There are many projects that have an initial distribution of 2k-3k people. They could have started with a lower cap per investor.
Jake, this is FUD now. you've made your point. you dont need to repeat yourself 100 times. please stop.
I will stop, but don't think for a second that it won't be an issue once the coin launches and people see it have even the slightest amount of success. Yes, other coins have launched with unfair IPOs, but they were shit clone coins with no innovation. Crypti is trying to do something innovative, so an unfair distribution could be disastrous. The market won't stand for another NXT.
I'm out.
They could open up another 100 btc of the offering with a .25 btc cap per investor. Or a similar structure, but something. Let's see how many more people want in.
I think this game very fair.
Missing it means that there are people smarter than you .so dont complain ,it is fair ,no your 100% fair.
I always laugh when people try to measure their intelligence from a one-off life decision or opportunity, especially one with no outcome yet. You sound like a genius. Going by this logic, I'm way smarter than you because I was buying BTC when it was like $8.
Anyway, I'm proposing that because it was a hot issue and closed quicker than expected, they should open up another 100 btc or so. They could widen the distribution and raise a little more money at the same time. Make it a small cap of like .25btc per bitcointalk user. They should use another thread so they can monitor sock puppets. It would add another 400 people to the distribution while not diluting the super early investors too much.
I'm sorry you and others were too late to buy in. Those of us on the team were also caught by surprise at how quickly it sold out (our bonus structure and sale allowed for a month). There was a pre-announcement a month before the pre-sale started, and the sale itself was delayed about 2 weeks from the original date of the ANN, but there is so much traffic and a noise on Bitcointalk that it can be hard to follow everything.
I myself was initially opposed to the cap in this type of pre-sale, given the refund option, but much of the community here requested it, and I can certainly see how a potential investor would want to know the maximum dilution he will see, so I agreed with the consensus of the team which agreed upon the 750 BTC cap.
We can't change the cap at this point since this would be a violation of our contract with those who have already invested.
I have also missed out on what turned out to be very good opportunities, so I can very much relate to the frustration anyone is feeling.