Post
Topic
Board Tokens (Altcoins)
Re: [ANN][IEO] FACITE - Blockchain Business Model In Kazakhstan
by
pinoycash
on 07/05/2019, 03:32:33 UTC
One thing I do not understand what type of token this project has? They just say about some guaranteed interest payments for investors.
Facite has the utility token and it will be used for operational payment and as dividends of investors
By the way, the truth is, if the FIT token is not a security, then investors have no guarantee that dividends will be paid. Although road map is great, there are many incomprehensible moments that the team would need to explain to users.

Yes its not a security tokens but based on the OP they are providing dividends to all FIT Token holders., So i don't know where you read that part the no dividends will be paid out to token holders

for your reference
Quote
The Facite Foundation will receive and provide a portion of the profits generated in these two projects to Facite token holders.