Quote from: operodareo on May 09, 2019, 08:12:00 AM

Quote from: julgaut on May 07, 2019, 01:50:08 PM

Quote from: BranAssFace on May 07, 2019, 01:33:56 PM

What is the hard cap of the project? I see you have already raised over 2 million Euros, what is your goal?

Very strong team and i like you get back to people on your thread, helps show that you care about the people interested in your project.

Hi,

As part of IR Team of Bitbond STO, I'm qualified to answer your questions.

Bitbond STO is regulated by a certified prospectus with a legal fundraising limit or hard cap at 100M.

Crypto-enthusiasts and P2P Lending Investors helped us early on to reach 2 millions euros in a couple of months.

Alongside this, our CFO Michael Pinkus is meeting with various institutional investors or so called whales to get tokens purchased in millions at a time. Due to the longer process to achieve these whale deals, this was one of the reason why we extended the subscription period to July 8th 2019.

Therefore, doubling the subscription period for private investors to join Bitbond STO, while dealing with whales could bring Bitbond in the 8-figure goal target!

Thank you for the support and relevant question.

Julien l Bitbond Team

So am i correct in saying that you are extending the fundraising stage? I thought it was finishing on the 10th of May

Hi,

As outlined in section 7.3.5 of the prospectus available since the launch on 11th March 2019, Bitbond can decide to fully utilize the maximum offer period: https://www.bitbondsto.com/files/bitbond-sto-prospectus.pdf

Correct, this means that investments will be possible until July 8th. After July 8th, we will distribute BB1 tokens to all investors.

The first coupon payment on October 1st remains unchanged and is the same for all investors, regardless of when someone invested in the BB1 token.

Thanks for the relevant question.

Julien l Bitbond Team