Post
Topic
Board Altcoin Discussion
Re: Is Fleta the new Big Thing?
by
o48o
on 08/11/2019, 11:35:03 UTC
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.

I can't find anything by googling Fleta private sale. But anyway, i am pretty skeptic when there is a private sale and when they don't want to discuss the details of it because it's "private".
It messes up any calculations of token allocations or their real price because they could sell the tokens for -70% for all we know, or just give themselves 30% more of the tokens and say they sold it.