Would you guys buy an ICO who's premise was that the company

There's an iCO coming out soon that does this. I think it's great. DYOR if you wanna find it I'm not tellin.

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>>3149430
Oh really? What kind of earnings are they saying they're going to be able to put back into the coin?

If I'm in the US, could I start an ICO and just not let US Citizens buy it? Or since I'm in the us, would i have to follow securities laws regardless... Mostly hopeful thinking here.

Just buy Iconomi.
It does this and way more.

>>3149790
really impressive, just read their blog.
It looks like they were able to buy back almost $200k/700ETH worth of their tokens. But at a 300m market cap that amount isn't really material. &they've yet to actually profit. Good to see some proof of concept on that end.
If I were able to raise $2m, I could make ~$1m in revenue from unregistered security contracts, put half of that toward expenses and reinvestment, and the other half into the coin, every 6 months. So, the $ amount of coin repurchased would progressively get larger as the reinvestment got bigger.

Is an ICO without a "team" a red flag? Like, I don't need a developer for this.