Post
Topic
Re: 🚀 LOLIGO - World’s 1st ICO Safety Ecosystem
by
loligo_official
on 22/09/2018, 23:32:28 UTC
How much of the funds will be allocated to R&D team, as I understand that development will come in stages and will require stable finances to be able to deliver all that is being promised.

Hi Mladiornitolog
50% are allocated to R&D

Thank you



Whats your hardcap actually,how much you plan to raise?

Hi BoDerek
Our hardcap is 12M

A minimum of softcap allows us to develop the blockchain, access apps and list the token

Thank you.


Do you have "plan B" in case you dont reach soft cap?Its tough market situation at the moment,thats why im asking.

Hi Ajutokintumi
Excellent question !

The reached caps depend on many parameters: market, buzz, news ...
But the perennity of the token depends only on the project and its utility for long term

We can admit that the softcap may not be reached
The success of a project does not depend on the first raised fund. Several projects have raised their funds during many parts like eos.
on the other hand, some projects having raised their softcap have disappeared Smiley

As long as the utility of the token is current, the fundraiser can continue.

LOLIGO remains the ultimate solution for the problem known under DAICO.

unless people stop using blockchain for ICOs Smiley


Thank you