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it's truly amazing how poorly alt-coins are marketed. you have these coins with $50+ million behind them, and their website contains extremely obvious grammatical errors. then you have the developers who treat people with questions/concerns like subhumans. or they act like a "friend" to coin holders. they need to get their shit together. how is it that you have this market capable of earning individual investors millions of dollars, yet NO NORMIES know about any of it? people are just starting to hear about ethereum. unbelievable. this is the PERFECT opportunity for a coin to swoop in and market itself as a "bitcoin you can understand." people are intimidated by bitcoin, and by now it's on just about everyone's radar, so u have a perfect combination of interest and nervousness to exploit. twitter posts are clearly targeted towards people already trading on exchanges though. they can't see the bigger picture
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I have an idea for an ICO that normies would understand. It would be registered with the SEC and file like a public company. The problem I'm finding is that I can't get non-normies like you to understand. I've posted it in a few places - zero feedback.
It's like you guys hate money. The company that the ICO starts would contractually (meaning it enters into contracts where it profits) profitable, and the profits would go directly to repurchasing the coin. How does it get any better than that?
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>>3273004
What's the idea? Got a link?
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>>3273068
General idea
-ICO seeks $2m - $3m (hard cap)
-ICO will be registered with the SEC, all US citizens can participate without exception. This also means there will be public audits and filings available, as required by the SEC.
-ICO funds will found an investment/lending company
-Investment company will buy certain unregistered high-yield equity secured notes from publicly traded companies. [These activities require an accredited investor, hence the 2-3 million ICO request] I have 6 years of experience picking viable companies to trade. No red years, up 150% this year. I know how to pick companies that will be liquid enough for these notes.
-These notes usually yield 50% to 100% in 6 months - estimates here will be using 50% ROI.
-The company will use half of profits to buy back the coin in a way that is compliant with the SEC (i.e. slowly accumulating)
-That means that the first buyback would be around $500k, assuming notes are fully realized and ICO brings in $3m.
-Other half of profits would be reinvested so future buybacks can be larger. Next Buyback would be ~$700k maintaining the same assumption of full realization.
-Repurchased coins are not sold. If anything, the market cap would have to get big enough to make any repurchase truly immaterial. With full community support - tokens would be liquidated only to pursue much larger contracts, meaning much larger buybacks.
Purely an investment class token. No use case. No development.
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