What's the hard and soft cap for this project? When you have private sale scheduled?
Softcap : USD 1 Million
Hardcap : USD 5 Million
No Private Sale. We want to minimize risk of tokens being dumped
Why so low threshold? Is it ok to manage a digital exchange with 1 or 2 million USD? Please explain why you are not going to have a private sale except dump?
Hi, with 1 Million USD we can deveop the Minimize product without fancy features. and yes, its possible to manage if its only 1 miion USD. we can still raise some fund thru another equity round if we run out of Fund.
ICO is just another way for us to raise fund eventho we did not succeed. we will still deliver the product with minim feature.
Most private sale investors demand a very low price compared to public price, this will cause price dump and will definitely let down our public investors. as we stated, we are exchange from community and for the community, so we want to bring a maximum benefit to our community.
Hope that helps