Post
Topic
Board Announcements (Altcoins)
Re: ☀️ [ANN] ☀️ USA, NY based Startup|MVP - Nov. 7th - reOrder Gateway
by
Elkmar
on 15/11/2017, 21:49:54 UTC
I wanted to know - does the project have soft cap? and what will happen with unsold tokens?

Softcap is 35,000 RCO sold > 140 ETH > approx. 50,000 USD.

Unsold tokens will go to second ICO round. Not sure if the softcap is just for the first or also for the second ICO round, I think the former is the case.

That's one of the lowest soft caps I've seen lately.
Well this will make the project go forward anyway. I do hope it will be a bit more, cause 50.000 USD is a small operating budget.


This founds should be enough for equipment purchase and installation, but for sure not for 2000 restaurants more for 200..Smiley

It's true that 50k is really low. But well, if they have a working product and already potential customers.