Scam ICOs are getting millions $$$ but here we struggle to get 2mln.
Clearly this one doesnt get the attention it deserves. And clearly something went wrong here.
Is it the lack of marketing funds? Or these fund were wrongly distributed? Or head of marketing is simply not good enough for the job?
Even if you google 'real estate ico', realisto is nowhere to be found, and website positioning are basics...
You are now trying to help with some incentives, which is a good thing. That 2500 rea lottery thing is a great idea, but the 50% bonus offer...
Why last minute buyers can get better bonus than very first, pre-ico investors? It doesnt seem fair to pre-ico participants who had just 30%.
Project seems great and it does have potential, but because of the above I would withdraw my funds if I had a chance.
I think now the best idea would be to extend the ico for a few a 2-3 weeks, but not longer than that. Followed by a short but intensive marketing campaign ideally.
Thank you for your comment.
When we launched the ico most of the tokens/coins where less than half the price they are now (btc at 5000, eth at 300 and ltc at 50) so the early contributors paid less than the current ones in a mathematical sense but we still understand the feeling of beeing an early backer.
First of all we spent 400,000 USD on marketing which came from our own initial investment. Since the ICO industry skyrocketed since June (where we initially planned the ICO) you can also imagine that the prices for advertisments skyrocketed. In fact the prices went up x10 since June which is crazy. So it is not a lack of marketing funds nor were the funds spent in the wrong place.
Please consider that the Bonus tokens now offered ( 50 % for 150,000 REA) come directly from the Teamtoken pool. Everyone (also the first day investors) will benefit if there are more funds raised.
We also consider the idea of stretching the ICO. The problem ist that we would need massive marketing. Right now we feel that it would be unfair to take marketing funds from the amount raised as this money is supposed to go into the project.