Usually when choosing an investment I always see the initial achievement when ico is opened when many people invest then I will also buy in ico
Well where can we monitor the achievement of ico? Is there an address provided so we can monitor it?
The cap for Phase 1 is so small we're not going to provide monitoring. For Phase one it's possible to participate NOW. We did this to avoid users missing out because of last minute technical problems or network congestion. It's possible we will sell out long before the official start time of 9/15 3pm UTC. If we're oversold we'll allocate tokens pro rata. So there's no reason to wait if you're interested in getting our token. Users that "wait and see" are likely to miss out for Phase 1.
As you know the current price is 1 ETH = 1300 BAC, while in Phase 2 our auction starts with 1 ETH = 100 BAC. If the Phase 2 auction closes at that price, Phase 1 participants make 13x profit.
For Phase 2, where we sell most of our tokens, we will provide monitoring of the progress of the auction. Phase two will be held in mid-October.