yes, this is a good way to start a legal business and the first thing that i usually look for an exchange. because most of them are built to get money from their customers. with legal docs in place, an exchange will make sure that they are following the protocols.
The ICO phase will run for more than 6 months? isn't that too long to collect some money from investors?
What's the ICO softcap and hardcap?
i think that's one hurdle for potential investors. long running ICO means you need to expect that your money will not be seen for a year at least. because there will be extensions or delays in exchange listings and other obstacles along the way.
We're not looking for a screaming and crying moonboys that want their money in and out in 3 seconds. It's unprofessional and is one of the reasons the bubble popped in 2017, we believe.
We're aiming for quality, hence the heavy emphasize governance and transparency. On top of that, we're dealing with a bear market. We're looking for serious, long-term investors. And long term... a few months. Really? It's in everyone's interest (and ours mostly) to launch in Q4 2019. Will we make it? Up until now we have no reason to believe not to, but we'll keep you informed (look, more transparency).
actually, it is good to read a response like this from the team. it just shows you have confidence on your project no matter what is thrown to you. And you can't remove the fact that most people have had enough with all these ICO drama, that's why you are receiving hesitations from the community. but we can't also deny the idea that your team is the only one that knows your actual capability in delivering the success of this platform. so good luck!