Hi it seems like only those with a bata.io address can have access to this slack channel
Should open this up to all signups.
I will fix this shortly. Thanks
So what the deal with ico? Why bata need ico?
It is already coin with distribution and function.
So after ico there will no longer be bata coin in existnace?
Ico will take bata or only btc?
ICO versus CrowdfundingICO (Initial Coin Offering) has been used by many venture capitalists to quickly profit from crypto-currency startups. Purchasing limited coins prior to being available for miners, or traders to trade on exchanges; These offer a short-term profit margin that usually attract large capital investments. Unfortunately, very few initial investors actually support the project and just want to sell their coins immediately when they're allowed to do so. This eventually causes the price to decline, as new investors fear failure and good ideas become stagnant in their own financial ruins, many projects perish. Millions of worthless coins become idle.
Crowdfunding (conventional) is a practical and sometimes difficult way for product and service developers to leverage public interest and attract financial support. By law, most of these public campaigns require strict guidelines to be followed. One for example: Entrepreneurs will need to rely on an exemption from the registration and prospectus requirements of most countries securities laws if they intend to issue securities through crowdfunding. Countless challenges arise within this industry especially when dealing with crypto-currencies or assets.
A New BeginningProfit Share Platform is intended to self-regulate public or private crowdfunding by creating a new method known as a low risk Profit Share. Issued by reputable businesses or entrepreneurs, transferred on a peer to peer network, publicly visible and transparent with 100% liquidity.
A Pre-launch for Profit Share Platform 1.0 is scheduled to be before the end of April, we're happy to create a BATA Development Share that will allow for investors to easily contribute to the growth of BATA while testing our revolutionary platform.