| Barry-xlovecam |
11-09-2017 10:51 AM |
An ICO that might make some sense
https://www.pressco.io/
Quote:
Pressco Token
Pressco will issue a blockchain ERC20 token named 'PRO'.
Ethereum-based
The 'PRO' token is an ERC20 ethereum-based token, guaranteeing transparency and efficient distribution.
Token burning
Every quarter, Pressco will publish an official audit of the company. 20% of the company?s profits will be converted into a cryptocurrency and used to purchase and burn 'PRO' tokens.
Limited hard cap - only 7000 ETH
Why aren't you raising at least 50k + ETH like other teams?
Well, we still believe in the fundamentals of economics. Most companies don't need that much capital in the early stages, nor we do.
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For reason of the gains in cryptocurrency there needs to be an "off-ramp" and transfer of paper profits. First thing I have seen that seems thought out IMO.
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