Post
Topic
Board Tokens (Altcoins)
Re: 🔥[ANN]🔥[ICO]🏁 BITRACE 🏁-🏎To build a FORMULA 1 City🏎Registration in 5th Jan
by
kiko12
on 10/01/2018, 08:19:42 UTC
what happen if you failed to raise a fund?and why you so sure this token is gonna listed on well known markets in end of 2018?i think this is really hard to listing any new token to that markets in these days

If by the end of ICO the soft cap of $ 3,000,000 US$ isn’t raised, all investments will be returned to the investors with the help of refund option in smart-contracts.
and we work with our partner BDSwiss Holding PLC which has a division EUROPEAN EQUITY SOLUTIONS L.P, which is our Escrow.

We are working with BDSwiss Holding PLC to list BRF token in all major international exchanges of the world after the end of the ICO.
BDSwiss Holding PLC has a 6 years experience in this field, please find their website:
https://www.bdswiss.com/crypto-trading/


okay...so if you cant raising fund that means this project is discontinued?because maybe all of your investor do mass refund

There is a Roman saying that states: «  All roads lead to Rome » and the ICO is only a part of the funding puzzle but does not constitute the definite funding solution, whether we reach or not the hard cap, our Group has to continue its efforts to raise money via other channels: IPO Initial Public Offering, Equity Finance and Debt Finance. Please be informed that the ICO’s target is to raise up to 57 Million US$, this sum is representing merely 11% of the entire sum needed to complete the project, which needs a total of 500 Million US$.

If you take sometime to watch the Video of the CEO speech, you will realize that the CEO has spoken about the various funding methods that the group is undertaking to reach and fund the entire project.

To respond to your question in a brief manner: No, the project will continue and other funding solutions will be put on the table.

sorry...i thought ico was your only way to raise more funds and you still another plan after all...and my last question,if this ico not succes(not reach soft or hardcap),is this token still usable for trading or purchasing things in f1 circuit area?because it make me worry if i join your bounty

Absolutely correct whether our ICO is successful or not our token will continue to exist and will be used as planned, it will also be listed in few exchanges.