Quote from: o48o on November 08, 2019, 07:56:13 AM

Quote from: johnbc on November 07, 2019, 05:48:30 PM

Their tech is interesting, but according to Icobench they raised only little bit over $80k. And looking all those advisors, bosses and the size of the whole team, that money runs out fast.
If the team was smaller they could be just more motivated to succeed, now i am afraid that they can't pay the salaries and this will be over soon. I am even surprised that they are still around tbh.

If I am not wrong, they raised a good amount from the private sale. For me, FLETA is one of the most promising projects of this year, I know this project before their sale when they announced the content bounty. I asked several times why your IEO/ICO raising target is too little? They said we have enough funds to run the project, this sale just for promotion widely. I asked the amount raised by the private investors, they denied disclosing. The same thing happened with the Nestree project, their sale target was approx 400K USD and that was for promotion because they were already funded enough before the sale.