Mycelium announces new wallet with massive upgrades including a crowdsale

[BitcoinXio]

Bitcoin wallet Mycelium just announced a large scale upgrade to their wallet platform, which includes many new features and also a crowdsale for users to be able to buy shares of the company.

Read more: http://bitcoinx.io/news/articles/myceli ... crowdsale/

[BitcoinXio]

It will be supporting alt-coins which is good news and will be available on multiple platforms too

Yes, it looks like they are really building out the platform to be multi-functional. I can't wait to see it!

[bitkilo]

This is great to see, Mycelium is already one of my favourite wallets and this will only make it better.

[bitkilo]

Sounded good when i first read about the project but the more you read into it the worse it sounds.
I mean how will the take this company to a value of 900 million usd, what's their long-term plan to do this?
Also the 100mil value on Mycelium currently relates to the company as a whole but you can only invest in the wallet.

There is also some clause im still looking into regarding mycelium buying back the shares at the original ipo offer when they want to.

Token repurchase. In the event of SIA’s IPO Mycelium shall have a right to repurchase
Participant’s Tokens and corresponding SARs at Tokens’ Nominal Value equal to the Tokens’
purchase price during Sale Event in the USD based on BTC to USD BitcoinAverage exchange
rate at the time of the Sale Event closing. When SIA decides to start paying dividends,
Participant will have a right to sell Tokens to Mycelium for the Nominal Value or convert the
Tokens into class B non­voting preference shares of Mycelium SIA.