3 ms·
>it gets heavily downvoted. But I don’t ever hear why Perhaps because it's yet another pre-mined altcoin? Even if your idea happens to be good, the idea of an
by Nuzzerino 7y ago
>it gets heavily downvoted. But I don’t ever hear why
Perhaps because it's yet another pre-mined altcoin? Even if your idea happens to be good, the idea of an ICO has been given such a bad name that you need to wash your hands of anything associated with that funding model. But something tells me you won't.
I used to think there was always a chance that "this time would be different" with promising ICO companies that I supported (not even with my money but with my volunteering as a developer), only to get burned again and again. My experiences are not atypical.
However, I've been burned even more badly by mainstream social networking, so I want to believe that your idea will work. Tough dilemma.
- EGreg 7y agoNuzzerino, forget the altcoin. The software is free and doesn't require any altcoins. Nor is the altcoin for investment purposes – we do NOT want you to buy it hoping it will go up in price, and in fact will be operating a gateway buying and selling within a certain range pegged to ETH or USD (we haven't made up our minds yet) to maintain price stability ensure no rational actor will hold it for investment purposes. But merely something that can help monetize digital content and open source software, facilitating web based cross-domain micropayments (think Brave Browser but decentralized, and with multiple gateways to ETH etc). Our ETH token was designed to fulfill every requirement of SEC's recent no-action letter to TurnKey Jet, Inc. in order to not be considered a security (https://www.sec.gov/divisions/corpfin/cf-noaction/2019/turnkey-jet-040219-2a1.htm https://www.sec.gov/divisions/corpfin/cf-noaction/2019/turnk...) In the last few years I have been downvoted without even mentioning the Qbix token - something we only documented last month. Just by giving away open source software. The post above already has -2.