Quote from: Twinkledoe on September 16, 2020, 10:13:42 PM

Quote from: minernoob1 on September 16, 2020, 10:08:02 PM

I could not find any information about the team. Who is developing this project? Also, it says the presale starts in a month, but the public sale will not start until next year, what is the necessary cap to reach to continue this project?

I don't think they are going to disclose their team members here. I don't know but I have the impression that this is like with other poor quality projects out there. Selling their tokens without any solid foundation to start with. What they can offer to potential investors?

Hi Twinkledoe!

Weve answered the situation regarding team members in our response to minernoob1s inquiry. Our projects foundation was established through the whitepaper. We are planning on using the months leading up to the public sale to build a more structured, public foundation through project awareness which we plan on gaining through engaging with the crypto community.

The Total Market Index (TMX) provides token owners with broad market exposure to the ever-evolving cryptocurrency market. Currently the only way to achieve such a broad exposure is to individually acquire the tokens. Considering the rapidly increasing scale of the cryptocurrency market, this can be an overwhelming or unachievable task for many members of the community. With a single TMX token, a person can have full exposure to the collective cryptocurrency market as the tokens value is directly reflective of the markets performance as a whole, i.e. derived from the total cryptocurrency market capitalization.

Potential investors onboarded during the TMX token sale will be able to receive bonus TMX tokens with their purchase. Additionally, once the governance platform is launched, the governance tokens will be dispersed to TMX token owners. The governance initiative allows for governance token holders to collectively create and manage decentralized market sector indexes.

We thank you for your challenging questions and hope to see you as part of the Index Labs community! Again, if you have any questions, please dont hesitate to reach out to us at either our email (contact@indexlabs.finance), through our social media, or by engaging with this thread!