Post
Topic
Board Tokens (Altcoins)
Re: ANN [ICO] [VZT] Vezt - Blockchain-secured Music Monetization Platform
by
muleroaa
on 06/11/2017, 23:12:00 UTC
Hi guys i heard the Pre-sale bonus was 150% how much was sold at this bonus?


Some questions

Are you Worried for the Pre-Sale Dumping?

Will lock up the tokens until end of ICO?



Their FAQ is pretty extensive:

https://medium.com/@vezt/vezt-faq-d23a59c3a032

Quote
Was there a pre-sale? What price were those tokens?
We had a private sale via SAFT and PPM for accredited investors.
We closed the SAFT round at around $3.5 million for equity and accredited investors.The earlier investors (equity investors and accredited investors) got a blend of 10, 20, 25c+ tiers. Equity being the lowest as they are owners in the company and are a blend of venture capitalists and hedge fund investors. A lot of material information and business decisions were not available yet, which meant higher risk for early backers which was rewarded with higher discounts. These investors helped fund the Vezt team to hire more team members and developers, as wellas cover the marketing and legal costs for setting up the TGE.

So the pre-round was $3.5M and the general token sale will be for $11.45M.

You can also find more info on their Telegram

https://t.me/joinchat/F_38d0NlVp_oQfB0S5u1Fg