A total of 25% of coins will be allocated to the crowdfund??
Wtf is happening with the other 75%?
And seriously, you need 20btc to get it rolling?
Is this a joke?
Your massively rich team wont put up 20btc for this concept?
BIG RED Flag!!
Ned, you might want to keep your name from this until more is proven...
Cause this seems like a DOA project before it starts.
Good luck, i wont be involved
You are viewing a single comment's thread from:
2nd note...
This whole concept seems very similar to waves. How is it you plan to compete against this?
Waves has a 9month head start, a massive bankroll, industry leading developers, marketing, financials, and the investors recieved a 90% share...
Maybe im missing something, is the other 75% being airdropped? Donated to charity? Burned?
Or simply being held by the devolpment team to get dumped on the market?
Please provide more details than the same old approach of invoking FOMO by explaining bitcoins success and how it "should" correlate to this coins success.
And, I find it quite manipulative to reach out to the Steemit community where most users dont know shit about altcoin projects and are easily swayed to believe... most likeky to jump on board without due diligence
you seem to be in crypto for too long. Regular starups dont sell major chunks of equatiy
Ill agree with that, but this is a crypto coin if i am not mistaken. Hense, a crypto start up.
Makes no sense to offer 5% at dirt cheap just to get the ball rolling for a second crowdfund when they supposedly have strong backers with deep pockets.
It makes perfect sense if they want to have an mvp before asking for real large money invested...
In fact id argue that this is far better than most crypto projects, which ask for all funding up front without anything but a whitepaper to show for it.
The crowdfund for the deep pockets and the financial elite will be held February 9th. This is an alpha-crowdfund :)
Well it should be noted that waves cannot do what bitshares platform enables. Waves has centralizing solutions that nearly make blockchain addition pointless from my perspective.
So if this argument has merit (ive seen waves holders concerned about this), then waves cannot scale in a decentralized fashion like bitshares can.
Additionally, wherr you see waves having a 9 month headstart, bitshares actually has been around for nearly 3 now and has proven its consensus algo along with providing a dex where all tokens can be traded.
Waves may survive but i seriously doubt it will be considered as valuable as bts in the coming years...
The BitGateCoin is a "representation" of a real physical company, BitGate AS, a cryptocurrency exchange gateway that will do a proof of concept in Norway. We know the local conditions very well, and we have a great team, advisors and partners to make this happen. Dominating a minimum viable market and scaling from there is a very sensible way of doing business.
5% is allocated to this crowdfund. We will do another round at FintechFest Live in Oslo February 9th for 20%. This is a test to get feedback from the community i've grown up in as an entrepreneur in the last two years (BitShares/Steemit).