Quote from: legera on July 19, 2017, 02:22:32 AM

Quote from: Care4Me - CareCoin on July 19, 2017, 01:47:22 AM

Quote from: legera on July 19, 2017, 01:10:29 AM

The white paper seems very limited to me. What happens to the 2/3 of tokens that aren't used for the ICO? How will you attract your users? What are the projections for revenue and how will it exactly benefit token holders?

Thank you for the recommendations. This information will be added asap.

61.53% (61,525,000) Will be controlled by Corporate
32.5% (32,500,000) Will be sold during Presale
0.98% (975,000) Will be Used for Presale Bonuses
5% (5,000,000) Will be used for Bounties

Users will be attracted using a direct marketing strategy used and tested by the CEO in his past employment history. His strategy can easily attract 500-800 nurses / month. Conservative estimates, working only with Health Agencies and not the general public, we estimate generating over $8,000,000.000 the first year upon securing strategic contracts which are already in negotiation.
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Thanks for the extensive reply. What will the 61.53% (61,525,000) controlled by Corporate exactly be used for? $8B revenue seems extremely ambitious, the same goes for growing the whole ecosystem in such a short time. There is no added value through something like a buyback/burn or dividend system?

The Corporate controlled amount will mostly be held in escrow. A small percentage may go to private venture capitalists if they decide to back the project and some more may go to bounty campaigns. I want to make sure corporate controls at least 51% of supply as the currencies will be tied to a smart contract organizations. I am confident my lead developer Amer and his team can develop the Care4Me platform by October.

At our Official ICO we will have a buyback/burn. The scope of this buyback/burn has not been finalized but there will be one for sure.