The bookbuilding starts at April 10th 2017.
The token cap is 10m BCAP tokens ($10M), all is being sold.
We do not intend to use bounties because this is difficult to structure with a digital token representing a fund where NAV value is dollar for dollar.
this mean youre develop bcap coin use nav token
why nav token must value use dollar, not use bitcoin
Just to clarify, NAV stands for net asset value of the fund. The token being developed is called BCAP. The reason the fund is denominated in USD is because this is the currency the funds will be invested in after the ICO.