Post
Topic
Re: [ANN][PreSale 01.07]ARAW Token ⭐⭐ Decentralised Payment for ECommerce Ecosystem
by
lopachu
on 20/09/2018, 16:55:26 UTC
Comrades colleagues, at what stage is the project now? I thought ICO was already complete, but it seems that only Pre-ICO was completed, right?
The ICO itself has already begun and will last until November 9, is this information correct?
Did the project manage to collect soft-cap or not yet?
Yes, it is true.
Public sale start date: 10 SEP - 09 NOV
Yes, araw managed to penetrate the softcap, softcap is; 2,000,000 USD, Araw sold; 960,100,000 x $0,01 = $9.601.000.
The money is huge and they can build this ecosystem after the ICO. I believe Araw is doing a great job of finding clients and investors. They are building a large community that can make people more known in the future and I hope Araw can be listed on the largest exchanges.

This is not 100% real. do the math:

1. Araw token started with 390,000,000 ARAW SOLD in 'private events', We can assume they sold the tokens at generous 60% of the token with value .01 USD,  and fix the ETH price at 700USD, (real price was about 400USD), then the real money they got in the presales event was:
(.40 * (400/700) * .01 * 390,000,000) = 891,428 USD and not 3,900,000 how they claim in several parts
2. Finally  the number of tokens sold at Aug 30th, was 952,000,500 , they sold most  of them in their 15 days of campaign with discount value between 40% - 50%, let use the value at 40%. with ETH at 300USD aprox.
the value .6 * (300/700) * .01 * (952,000,500 - 390,000,000) = 1,445,156 USD

Total: 1,445,156  +  891,428 = 2,336,584 USD

Today all those numbers are smaller because the price of Ethereum...

and NOT over 9,000,000 USD that the people claims in this post