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Old 11-09-2017, 10:51 AM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
Location: Global
Posts: 18,083
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.
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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