Quote from: DGulari on September 14, 2017, 11:15:28 PM

Escrow is really needed for now. There are a lot of scammers and escrow is the only way how to avoid gettting scammed.
But didn't you think $300,000 as hardcap isn't too little? While other ICO set their hardcap between $10million until $250 million

Hi, another good question.

At this time the ICO space is completely fucked, excuse my language. Companies are valuing themselves way too high. Most of the ICOs do not even have a product, yet they are asking for millons of dollars. We think this is ridiculous. We do not have a fully working product with existing users yet, therefore we want to raise the bare minimum needed to develop and market our platform.

Another reason for our low hard cap is that we want to start with a low market cap to ensure greater growth potential for our investors. We really appreciate our initial investors, because they were the first to put their money and trust in us. Therefore, we want to maximise returns for them.
Companies starting with a valuation of f.e. $40 million won't have as much growth potential as companies starting with a valuation of say, $1 million. It's much easier for a one million dollar company to double in value than it is for a 40 million dollar company.

Our initial valuation will be $600,000 if we reach the hard cap.