I don't think he is judging the project. He is probably just curious about if the possibility of using the block chain technology has been the main reason for starting the project here or just because it is also a good and easy way to crowdfund a project

Yeah, the question is interesting. I would like to know too how the founders learned about blockchains and cryptocurrencies 

Nice project in lucrative business. Team is looking like they have good experience. It is giving %50 bonus right now and i think their goal is  20200 btc which is huge.

It looks like nat is a good investment.

I'm not judging the project. Both reasons are legit, but I'm interested in it, since the defs are not seeming like the typical crypto enthusiasts (I've allready read the whitepaper). I mean, the idea of crowdfunding with crypto is a good one, since "normal" people have the chance to participate.

So did we get an answer about the actual fees other than they will be lower that other markets?
I would like to know the actual percentage, because its not mentioned in whitepaper.

My bad  . If they hire some cryptomagician for programming everything should be good. I'm rooting for this one 

I wanted to get a more concrete overview of the planned distribution of money so I went ahead and put the numbers into the calculator.

The total supply is 98,000,000 NAT at a rate of 1 NAT = 0.00025 BTC (now ~$1) for a max. total worth of 24,500 BTC.

The Nametoken ICO is looking to raise up to 20,200 BTC in the token sale. Unsold tokens are burned.



Let's say the ICO raises 10,000 BTC, that is about 35 million EUR.

The tokens are planned to be distributed as follows:



90% of the tokens were put on sale (32M EUR), reserving 3% for Advisory/Legal (1.5M EUR) and 7% for Team (2.5M EUR).



30% of the revenue is used for Development (9.5M EUR), 10% for Operations (3M EUR), 2% for Legal (0.6M EUR).

If I got this correctly, I wonder why some of the expenditures are percentage-based instead of an estimated flat fee, such as the legal fees, development and operations. Let's say you raise 3.5 million EUR instead, will 10% be sufficient to cover the legal fees/development? Or vice versa, what purpose does the additional 90% in legal fees/development serve if you raise 35M EUR?

wow nice work.

i think the legal fee will be accumulated later onwards the funds they rised

neverthless, i will buy some coins at the sale and get ready for a pump, until the end of the year:)

The white paper is a good, the proposed idea has potential but i would like to see an active presence before investing my btc. If we barely getting a response during the ICO phase, i can only imaginethe form of ghosting we will have to deal with post ico. Just saying. Get someone to stay active and answer question/give updates on your thread.
Am yet to receive an answer on how they intend to pay to park  domains on their website, when other website charge a fee