Post
Topic
Board Announcements (Altcoins)
Re: ☀️ [ANN] ☀️ USA, NY based Startup|MVP - Nov. 7th - reOrder Gateway
by
Shilnov
on 16/11/2017, 13:47:39 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 budget is enough for first stage ICO to install our solution in couple of restaurants and run second stage

How many of these stages will you have for the ICO?

Just two stages. First to prove the concept and marketing and second to rise $28m