This looks suspiciously like overt advertising for another useless ICO, 50% of which is premined and 30% (make that 40% including "bonuses" & "marketing") of that is going to the "founders".<p>If this coin ever hits an exchange I would short it hard, there's no platform, no demo, the whitepaper is 13 pages of tosh<p>"Microsoft Word - CoinJob Whitepaper V1.3.docx"<p>"Day 1: 1ETH = 1200XCJ"<p>So with 200m tokens at 1200 eth each, that's $26,000,000<p>so they only want 780,000 for marketing and 780,000 for bonuses<p>And how much is going to the founders?<p>$3,640,000, there are four of them so skim a little marketing and bonus money and that's 1m each.
It seems like a neat idea, but do etherium-backed ICOs have any credibility right now? There are so many problems surfacing that it's not clear why anyone <i>can</i> take them at face value.
Congrats to them for front-paging this ;)<p>I've heard some people say that most ICOs wouldn't stand a chance at getting VC funding. So, investors of HN, what say you of this one?<p>To me, the first question is why does this need its own token rather than just using Ether? I can maybe see appcoins making sense for something like Status (mobile messenger platform trying to be the crypto WeChat), but this seems too small even if it's a success to merit a separate token.