Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿
by
Obasi1
on 21/01/2019, 22:14:35 UTC
How you plan to spend raised funds,what will be your priority after end of sale?

It will be invested in various companies I presume, like it is intended.

I'm sure some will be allocated for marketing, development legal team. That's what I meant,i wanted to know if some specific amount is set.

Yes of course! We have some amount reserved for the various business areas - Legal, marketing, etc

How much funds have been allocated for marketing?


We have reserved the Faba tokens for the following:

Tokens available for ICO 79.5M. The following values from the ICO sales are served for the following:
Investing to startups: 60.95M
Operations: 4M
Bonus ICO token: 10M
Affiliate program 10%: 2M
Software development: 0.55M
Marketing: 2M

This part about affiliate program, is that for bounty and similar things or something else?

The affiliate programme is for referrals. If you referrer an investor, you earn 10% of whatever the investor contribute to the faba sales.

Our bounty tokens are also captured in the 10m bonus tokens.