Ninjastic
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Re: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀
by
Sozialtourist
on 10/10/2017, 08:47:11 UTC
Quote from: Elkmar on October 10, 2017, 06:56:55 AM
Quote from: toolucky98 on October 10, 2017, 04:23:10 AM
Quote from: magisterr on October 10, 2017, 03:58:16 AM
Quote from: toolucky98 on October 10, 2017, 03:52:19 AM
Quote from: magisterr on October 10, 2017, 03:31:41 AM
Quote
Napoleon    Crypto    Platform    (including    website,   Index    publisher,    Reporting    system    and    Voting   system) - 4000 ETH

As I understand, this is minimum requiments raised funds for working project?
Where did you get that? the min cap is 25000 ETH

In their whitepaper... on page 11. Oh... really. Min cap 25k ETH...

Quote
Min   Cap      =   First   ICO   tranche 25   000
Yeah , they cant continue the project with only that 4k ETH budget.
Need some other (asset management license, set up cost etc) like in the whitepaper.

I think that 25k ETH is the minimization of the 40k ETH soft cap.

Did I miss something ? From where are those 4k you're talking about ?

I am really wondering what would happen with the project when the NPX indeed reaches the soft cap but then won't raise the 20 000 ETH SC in their DAF ICO. That would mean that there bots got no money to trade with, right?