Post
Topic
Board Announcements (Altcoins)
Re: 🚀[ANN] [ICO & BOUNTY] Edgecoin Education Revolution built on Blockchain 🚀
by
Honieviellis
on 07/02/2018, 12:29:01 UTC
Hi, friends are you going to conduct some sort of competitions that will attract students after the project is launched.
Yes, the company allocates a huge amount of this 35% of all tokens will be spent on the development of the project. I think all potential students should know about the project and this is a huge budget.
Yes, this is a really big budget, I heard that even the company will provide free training for citizens who do not have the financial capacity.
Developing a project in the process can take more money. Does this include a campaign only for work in India or is the project being considered at once on a global scale? Will it be possible to consider additional investments after completion of ICO?
Of course, additional costs may arise in the process of Edgecoin system operation. But for this, initially the development team did a cost calculation and I think the hard-cap provides all the necessary cost items to complete the process.

What steps will be taken in case the hard-cap is not reached? It will be necessary to hold a second round of ICO or to look for sponsors who will participate in further development. Will the issue of additional investments be discussed with the state structures?
With government it's interesting, but essence of the hardcap means that this amount of money enough a lot for all costs with some reserve. So if you reached the softcap and didn't achieve the hardcap then your bussiness will be launched, addiditional ICO isn't needed.
It's true. The soft-cap is guaranteed to ensure the launch of the system in India. If the funds for further expansion are not enough, the funds received for the training of students can be extended system in other countries.