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When will the public sale start?

Currently, there is no public sale. There is only a Private Sale.

Is there a minimum needed to participate in private sale?

The minimum amount required for participation in the Pre-Sale is 10,000 USD.

Is there a chance that minimum could be lowered?

I would welcome that too as it is a bit too high for me atm.

I guess that Everest has some big investors lined up,so thats why they went with private sale only,but who knows,maybe we get some small public sale with lower requirements.

Well, there's always a chance to buy tokens when the project goes live. They will probably be not as cheap, but still worth checking out.