Quote from: rukewetony on May 10, 2018, 02:22:22 AM

Quote from: themathiasmiller on May 09, 2018, 11:21:16 PM

Quote from: aarondes on May 09, 2018, 05:02:46 PM

Quote from: otoford66 on May 09, 2018, 01:15:10 PM

How much is the hard cap?? And what's the current amount raised?

Our hardcap is 108,000,000 tokens. We have raised over 26% of our hardcap so far. You can keep an eye on our progress here:

https://databrokerdao.com/

Just 26%? That's unfortunate I wonder why the token sale isn't going so good. This project really has such a huge potential, why are investors not realizing this?. I honestly don't know what's wrong? The team are really doing their best if I'm not mistaken they're currently touring and going to different places to promote databroker dao and the platform already looks like it's ready for mass adoption. It really pisses me off that it's taking so slow for us to reach the hard cap, when is the end of the token sale? And if the hard cap will not be reach will everything in the roadmap still continue?

There's currently a lot of activity going on, the CEO is now in Grand Cayman at the World Tokenomic Forum for the pitch competition vs 16 projects. There have been some fantastic projects and DataBroker DAO went head to head with them and came out a winner! We are now into the quarterfinals! The crowd sale is also Live until May 26th, 2018 4PM CET or until the hard cap is reached.

Unsold tokens will be kept by the platform. The platform will retain 25% of all tokens, minus all tokens needed for the referral scheme, plus all unsold tokens.

The purpose of these tokens is twofold. On the one hand, a reserve of tokens allows for follow-up sales to accelerate growth and allows the platform to do some limited market making. This is crucial since the liquidity of a utility token is paramount in the functioning of the platform. At the same time, some of the raised ETH will also be kept in reserve for these market-making purposes.

An additional 10 percent of the tokens are reserved for the team fund. The majority of the team fund will be distributed to team members joining the platform and will be vested in stages over 3 years. The unvested tokens will be returned to the fund in case the team member leaves the team. The rest will be distributed to current team members and advisors.

Great to know that databroker dao dominated those 16 projects, can you please post the article regarding this information? Because I'm interested to know what those other projects DataBroker Dao competed with. Oh so we only have a couple of weeks left till the end of the token sale, I really hope sales will be faster by then, I don't want us reaching only half of our hardcap, with all the efforts that the team is giving this project, they just don't deserve that.

So the platform will be offering a referral scheme? Or this referral scheme is only for the token sale? Can you explain further about that? And how much percent will the person get when he/she refers someone?

Nice to see that the team already has a bigger picture and what will be done with the unsold tokens, seeing the current amount raised it seems like there will be more unsold tokens but I just hope I'm wrong anyway it's nice that the team are reserving some tokens for future advertising and marketing purposes, we the competition today, the team really need to reserve some tokens for future growth.