Post
Topic
Board Announcements (Altcoins)
Re: [ANN] The World's Academic & Career Development Ledger — EDU Tokensale
by
osuni
on 12/11/2017, 20:12:44 UTC
Your hard cap is around $130 million. How can you justify this huge cost? If we calculate with the 50% as you claimed in your post, $65 million is still more than Facebook needed to raise when they had more than 12 million user and the company already been valued for over $1 billion (2006) ... So why do you need this amount of money?

@Fonix, the hard cap is actually around $13 million at the current price of Ether. We are aiming to raise 44 000 ETH.