Re: Fundraising Foskaay Token Sale - Get 500% Returns Investing In This Project

Interesting,

One main question for now, how can you 'guarantee' 500% return on investment?

Yeaaa, i wanna know too. Thats like really huge percent to promise to investors.

We have a limited hardcap of $100k for the token sale and it would not be raised because it was carefully estimated to make sure we are able to buy back all tokens from investors within the given time as clearly stated and outlined in our whitepaper.

Also another thing of note is that we will have 6months compulsory Hodl period to have us develop new versions of MyCryptoDictionary for Android/iOS&Web, then integrate the token as means of ads payment and same for Foskaay forum with other features. We will also engage aggressive marketing to meetup our 100,000-1,000,000 installs/users. With such huge userbase, we will definitely attract more crypto projects and non-crypto projects advertisers.

After the 6months, we are to buy back the token for 12months at rate of about 8.34% monthly till all investors token buyback completed making it more realistic since we will not be buying back all token same day or in a month or two.

That is while it is first invest first enjoy the buyback, last to invest and be the last token investors we will by back from.
For more personal question kindly checkout the whitepaper first, and ask on the fundraising token sales page or telegram group for faster response.

Regards!

I just get confused, as I read your answer on how you can assure investor to have an ROI of 500% in 6-12 months time frame, won't this just be like loaning to a group of people (investors???) 100k USD and giving them your token as collateral? This is how I visualized the scenario would be.

We are here to clarify things so you don't get confused.

You can not give a lender a collateral in form of tokens that is at zero value at the point of borrow from the lender. What if loan defaulted could such lender regain anything from zero worth of collateral token or whatever used? certainly No!

Thus, this is only for those that could test the project and are convinced enough that it has a brighter future in the crypto world because no profession or language that is widely active across different countries of the world without its own dictionary and that is what we are determined and already building for the crypto world.

PLEASE, YOU DON'T NEED TO BELIEVE THIS BUT KEEP THIS POST LINK SOMEWHERE BECAUSE ONE DAY SOON MyCryptoDictionary WILL BECOME MOST USED AND PREFERRED DICTIONARY APP BY CRYPTO COMMUNITY ON ANDROID, IOS, WEB AND PC. WHO BELIEVE OR SUPPORT NOW DOES NOT MATTER, THE PROJECT HAS STARTED FEW MONTHS BACK AND WILL CONTINUE TO SUCCEED.

IT IS CURRENTLY THE NO1 CRYPTO DICTIONARY IN ANDROID PLAYSTORE - Anyone can confirm just by searching for the keywords "Crypto Dictionary" "Cryptocurrency Dictionary", download all the available one (just about 4 in total now) and then used all the Apps including ours and comment your best pick under this thread.

In conclusion we do not plan to build another worthless token and claim its same with Bitcoin, Eth etc. and then leave our investors in cold water to compete with exchange price fluctuation etc which most token don't eventually hit ICO price even in 6months talk of giving profit to investors. We simply buy back the token at the fixed price from investor. We hide nothing and its clearly written in our whitepaper that this is not tradable token on exchanges except via our buyback plan well outlined

If you are familiar with how websites, blog and App owners makes money via ads. Then, you can forsee what an App with about 100,000-1,000,000 installs will be earning from ads monthly (sponsored posts,push notifications,CPM/CPC etc.) in this crypto community legitimately. I will not mention names but DYOR what top crypto website and blogs makes daily from adverts legitimately.

Regards!