Post
Topic
Board Announcements (Altcoins)
Re: 🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵
by
Ace44
on 28/01/2019, 16:57:11 UTC
Does anyone here actually know how high the income from the private sale was? I can't find any exact information on the homepage.
But it would be interesting how high the reserves are, if the now 150million tokens want to buy back.

Me too I didn't hear anything about it but if I'm not mistaken they really got some good amount there for the project? I guess they really will going to do it and do the buy back program without any problem.

Did they disclose the exact numbers about what was raised in the private sale? It's a good question but I think they won't publish it if they haven't already done it by now. But I am sure they won't announce a 150MM token buy-back program if that would bear the risk that the project runs out of funds.

I can't remember if I read it any where; as far as my knowledge is extended I don't think they mentioned it any where for that matter. I am guessing they go enough not to go for the public sale.

I think I saw it in one of their articles but I can't recall the figures they raised exactly. But i know that institutional investors actually invested a much.

Institutional investment means a great deal because huge some of money is usually the case here I really like to believe COVA have a good deal of investors because their technology is awesome

Yea, they wouldn't have gotten that large number of investment in the first place if they have a bad technology to showcase to investors, though i don't know the specific amount generated but i believe its quite huge for them to have gone this far and still progressing, so its quite an interesting project and we hope to see them keep up the good work