BlockCat is a legit project with big ambitions; they are planning to be the "Apple app store" for smart contracts. The CAT token will allow people to stake their CAT to validate / audit smart contracts on their platform, in exchange for some of the fees that the smart contract generates.
I’ve been stalking the shit out of all CAT investments. Some guy (https://etherscan.io/tx/0x206bebb24204cc0256e8a16cb53152aa5433d466aecb8c2dbff66766ec92e040) with a decent stack put 175 ETH into the ICO hoping they’d hit the hard cap or something, and is now trying to sell his position at a loss on Etherdelta (https://etherdelta.github.io/#CAT-ETH) where you can buy 363 CAT/ETH (which is a 17.5% discount to ICO price).
They published a pre-alpha blog yesterday (https://medium.com/@BlockCAT/blockcat-alpha-coming-soon-d6e6c614b7b6) and I confirmed with the team that they are planning to release the alpha before the ICO ends.
Now that I've loaded up via EtherDelta, I'm letting the world know. You're welcome, bizbros.
I'm on the fence with this one, I mean on one hand the project looks really promising. On the other hand. I can't see any reason for this token to hit any exchange.
>>2991482
>17.5% discount to ICO price
Interesting.
I'd buy OP, but unfortunately, everything I have is currently either long-term, a flip awaiting exchange listing, or Bitcoin in anticipation of Segwit going live in 8 minutes.
>>2991482
shits'been in ico phase like for a month now. they refuse to reveal the hard cap, no working product, no demo, no alpha release nothing.
just bought 100k tho.
>>2991482
Wasn't expecting much but looking at it I quite like the idea. I'll probably going to grab myself some.