Quote from: LLec on December 01, 2017, 05:53:14 PM

Quote from: Supergain03 on December 01, 2017, 11:05:56 AM

1) Is this token basically a fee to join your club? And if it is, is there any interest to keep high the value of token?
I mean, fees are appealing when they are low, not high, and this could be a huge problem for the future appreciation of the token.

No.

It is nothing like paying for a "club membership".

When you pay for a club membership fee the money goes to club owners. When you invest in the Angel Token ICO we do not take those funds for ourselves.

Your investment does not go to us, (not even 8%, but in case someone is confused about that please ask!), it goes into the Angel Token portfolio to be used for investments.

You can think of Angel Token more as an aggressive and high-risk hedge fund, but with one major difference. We do not act like most funds do, as passive investors. Rather we act more like a "crypto incubator".

We are "angel investors", (hence the name Angel Token), in small to medium-cap altcoins.

In short.

When you pay a fee to join a club, the club keeps your money.

When you invest in the Angel Token ICO your money goes into an investment fund that makes altcoin investments that benefits ALL Angel Token holders.

You said to ask if anyone is confused, and I am!

So are you saying that the Angel Token team doesn't take ANY of the funds raised from investors during the ICO for themselves???

Not even 8%???

So how does the Angel founder team benefit then??

coindose

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