Round of STEO at IDCM will be ending today? Round two will be also at IDCM or they have selected new/another exchange to target the larger investors?
There's no update on the team selecting a new exchange for the STEO, the last information we had was that there may be more rounds of the STEO to give more persons the opportunity to invest in the project. I personally don't think we would be having more rounds if the project is able to realise her targeted fund from the present round.
You're absolutely right, guess they are figuring out ways to raise the amount needed but they should give the community an idea of what they have been able to achieve and what remains, they have actually created some good awareness campaign and made some headlines that got investors and the community talking, so i believe they must have raised some considerable amount
Team sold about a million DRMR tokens on IDCM, and made more private sales. It says in the recent article published on Dreamr medium page, that the team has raised about $450, 000 in token sales. Thats an appreciable amount.
$450,000 is surely a decent amount but in today's world and given the caliber of the project, I think they can do even better. I support to have another round to attract more investors.
I want to believe that the project would not be delayed by the more rounds of tokensales. Since they've raised substantial amount which is considerably higher than the softcap, everything should be set in place for continuous project development. Hopefully they should be listing by next year.
You're absolutely right, delay can be dangerous, its of utmost importance that they begin implementing their roadmap in order to get the community to believe in them and such will also help in generating more funds, its never a good thing to overstretch the raising of funds time-frame as its known to cause some sort of drawback in the community, so the earlier they start, the better