As innovative as Tuurnt is on the surface, the devil is in the details:
ERC 20 Token Distribution
Only 33 percent of the 500 million available TRT is going to be channeled towards crowd sale and a second 33 percent will be reserved for the team, legal and advisors. Finally, another 33 percent should be used for development, operational expense, marketing and users reward.
Approximately 66% goes to or would be controlled by owners. That model is fraught.
Fund Allocation
The fund allocation is different from the token distribution, with 30 percent of the funds reserved for marketing expense and another 25 percent for operational expense. The development team receives 30 percent of the fund. The remaining 15 percent is allocated to Community Reward and Legal, with Community Rewards being 10 percent.
Did you see notice how many percent would go to the developers?