Reads like an advertisement for Zcash, which isn't really surprising since I think I read Roger Ver is an investor.
It blows my mind that early Bitvoin visionaires like Ver and Voorhees will back silliness like this, but still haven't publicly discovered Monero. I mean, ignoring the major three weaknesses of Z-cash: untested crypto, genesis keys, & too-opaque blockchain, this company is taking a premine of the coins for this chain!
The last thing z-cash would need is to add on more unscrupulous behavior at this point, and a pre-mine says to everyone:
we believe in our project so little we demand to get paid up front.".
If your project legitimately is good enough, you should be able to buy the underlying tokens off the open market for a pittance (or mine them) and all of your work together will create something of incredible value. That's how Bitcoin did it. That's how Monero is doing it. That's how it should be done.
