Ninjastic
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Board Tokens (Altcoins)
Re: [ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿
by
John R. Cash
on 11/02/2019, 22:00:47 UTC
Quote from: Xonujejay on February 11, 2019, 06:33:55 PM
Quote from: MosusnoGovedo on February 11, 2019, 03:27:58 PM
Quote from: Obasi1 on February 11, 2019, 09:33:00 AM
Quote from: srborez on February 09, 2019, 09:24:50 PM
Quote from: Obasi1 on February 09, 2019, 04:52:02 PM
Quote from: Londondungeon on February 06, 2019, 10:41:33 AM
Quote from: SpockSenior on February 05, 2019, 10:33:09 PM
I see that people are still confusing STO and ICO, but soon enough people will figure out that its not the same thing Smiley

Yeah, it should be communicated to people that they do get the shares of Faba and voting right, like if they invest enough funds they own a part of the company unlike with utility tokens where you essentially do not own a thing.

It doesn't matter how little, or big your investment in Faba is, as long as you contribute to our STO, you are a shareholder of Faba Limited

Will shareholders have any extra privileges based on the amount of FABA tokens they own?

All Faba investors have equal rights and their right is also proportionate to the amount of Faba tokens they own.

Does that work same as stocks? If someone buys 51% of Faba he can become the owner?

That would be logical thing, but i would like to see some mechanism where noone can own that amount and control everything.

I'm pretty sure there is some kind of thing that will prevent anyone of becoming 51% owner of Faba, I think there is not enough tokens sold for anyone to be able to do that.How much tokens was sold?