Post
Topic
Board Announcements (Altcoins)
Re: WTX HUB LAUNCHING SOON
by
wtxhub
on 16/11/2018, 11:22:25 UTC
Re soft cap and team, we have 17 team members on the website and including other advisors, shareholders, contractors etc.  a team of over 30 people working on this project, that is one of the biggest teams if not the biggest team for any Alcoholic Beverage project in the whole of the Blockchain. It is a diverse team, based in the UK, but with team members on all five continents and with varied backgrounds in blockchain, software and alcoholic beverages with a good spread of knowledge and abilities.
Re soft cap, we thought a lot about this, we intend to continue with this project no matter how much we raise, obviously the more we raise the better, but no matter what, we shall continue with it, therefore that is why there is no soft cap, if there was a soft cap and we didn't reach it , we then refunded funds to the investors, then we continue with the project and then list with an exchange a few months later at a price 2 to 3 times more than the price of the Token the investors had bought the investors are not going to happy with us at all. Also soft cap clearly implies that if you don't reach it the project ends, and our project won't end, so we thought it's not being straight with investors if we do that. We get asked about this quite a bit but that is the thinking behind it.