Post
Topic
Board Announcements (Altcoins)
Re: [ANN] (DIS) Discovery an IoT led supply chain solution
by
kzr_sk
on 18/07/2018, 12:09:52 UTC
what is your soft cap and hard cap?
Hello todd michael. Our Soft cap is US$5m and Hard cap is US$ 19.8m
For more quick updates please join our official telegram channel: https://t.me/DiscoveryIot
Why Your hard cap is low in comparision to current ICOS in market?
Because We are confident of delivering the product to the market, as well as acquire customers with $19.8m.
Nevertheless, should any additional funds be required at a later stage for further product development, we have a treasury of 15% of the tokens, which we will use to fund.
That shows some of your genuinity. By the way, what amount of token is reserved for team and product combined?
Kzr_sk  so you mean to say keeping a low hard cap shows your genuinity? It can be like they don't want to come in limelight even if they don't use the funds for product development. Because No big amounts involved and they can play it safe. Just my point of view.
I made them follow my praise not because the low hard cap they've mentioned, As they have 15% of the tokens reserved which are generally distributed as reward to the team members and advisers which eventually plays role in making the glutton whale happy, Making it utilized in the development of product shows some genuinity as they follow the path they had promised to deliver!