The website has a lot to be desired....like, wow not finished at all. Seems sketchy, another pump and dump scenario ? And why can you only buy with ETH ? ...... Suspicious I am. Maybe they are not setup fully, but why start half ready ? Is there 2FA for an offline wallet ? If not, I'm not getting inviolved. But best of luck to everyone who does. PIVX is where I am putting my money.
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If you read their strategy for a long release ICO basically, it is to prevent things like pump and dump, and also to allow time for the token to acquire a true value before full market release, not some arbitrary number that instantly plummets. They also want to prevent single entities from trying to control the market shares. I communicate with this team regularly, and I will say that I can see some issues arising with governing powers when it comes to ownership of items, but really, that's what the decentralized smart contract is for....the powers can do little to nothing if the parties all agreed.
Also, to note of why they take only ETH in exchange for LAT.....it keeps a steady and sure price in view as the full release gets close, once again, allowing the token to become properly valued before it hits the markets. It's also based completely around ETH smart contracts, and that is the most versatile crypto that is widespread at this point, makes sense to me. I wouldn't accept your pivx for a startup fund, Ethereum is established, and steady, compared to most every other coin there is.