Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bonafi - Fights counterfeits using Blockchain and Crypto-Tag
by
sk5895sk
on 10/09/2018, 02:10:09 UTC

By the way, guys, there's a little update. The soft cap is now not $3 million, but $1 million. A solid cap - 15 million dollars. The token retention time is again 12 months, instead of 40 days. These are the requirements of the SEC
It's bad that the softcap changes during the sale of the tokens. This means that the project team does not know what it wants)) Grin

Actually, the sale of the tokens have not begun at Bonafi due to more time needed for legal preparations.

The reason for lowering the Soft/Hardcap is due to the fact that Bonafi now plans to do both ICO and also raise funds with VCs and Private Equity/Family Offices via Tokenized Convertible Notes.