Greetings to all. As far as I see, and drawing conclusions from what I read, you will use some "green" energy to power your "data center", so, I have a question, what is this "green" energy exactly is?
Green energy comes from natural sources such as sunlight, wind, rain, tides, plants, algae and geothermal heat. These energy resources are renewable, meaning they're naturally replenished. Green energy, however, utilizes energy sources that are readily available all over the world, including in rural and remote areas that don't otherwise have access to electricity. Advances in renewable energy technologies have lowered the cost of solar panels, wind turbines and other sources of green energy, placing the ability to produce electricity in the hands of the people rather than those of oil, gas, coal and utility companies.
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Hi guys. Can you briefly describe the project, namely, what does it offer in general?
This is the shortest and most informative description that I have found: "The Foleum project offers green cryptocurrency mining utilizing geothermal, wind, solar and fuel cell technologies in order to power its data centers."
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Hi! Another question, is your project posted on githab? If so, can anybody link me??
Hey! Now the project did not have githab, as far as I know. I really can't say whether they plan to posted it in there or not.
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I really like your project so far. Will there be an additional issue of tokens?
Hello, if you take into count information from the official site, and according white paper, additional token emission is not planned in the near future.
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Hey, can anybody give me a Twitter URL of this project?? I want to follow, and it's uncomfortable for me to click on a hyperlink from the phone ...
Hey, of course, no problem with it Here you go: https://twitter.com/FOLEUMio
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What are the weaknesses of your project??
At the moment, I can think of only one weakness, namely: The project development strategy and marketing campaign are not presented.
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What are the strengths of this "Folium" project, could you emphasize??
Strengths of the project: Team is vastly experienced in mining and infrastructure. The project operates in a market that shows high growth rates. Users can invest and profit from green mining without spending any money purchasing contracts or equipment. Tokens will become more profitable over time since 40% of the profits will be spent on growth. 20% of all the tokens will also be bought back and burned, further increasing the value of the tokens over time. Shares of the operation are in the form of a securitized token and regulated by the SEC, creating accountability.
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When your tokens will be unlocked? And was the lock up period for pre-sale investors?
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Not long time ago we saw a scandal with Facebook and leaking of users data. Сentralized companies can't protect data for 100% in the first place because of centralization. How can you ensure the security of data in your project?
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How do you plan to handle the situation with forks? It’s not uncommon problem.
Regarding forks and their handling and mitigation, DPOS blockchains are generally resistant to forks as block producers are incentivized to cooperate rather than compete to produce blocks. Ok, I understand, reasonable. Still, what will you do if it happens?
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Hi, team. Another question. What is the concept of Dabbs? What potential does it have? Can it replace or supplement existing business models?
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How do you plan to handle the situation with forks? It’s not uncommon problem.
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Many ICOprojects turn out to be deceivers, but it is rather difficult to determine. What measures are you preparing to take to select ICOs and how you want to find scammers?
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What is the difference between the types of tickets? Does it make sense for a private investor to buy a VIP ticket?
Bro, if you're working in crypto bussiness no way you buy cheapest ticket! Just to hang around and listen speakers? No! I think every crypto entrepreneur have to get VIP ticket and he/she will have a chance shake a hand and give a bussiness card to such giants of crypto industry like Tim Draper! It is a great chance for everyone who has some working idea, isn't it?
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Do I need to have an account on the exchanger in order to use access to various crypto-currencies?
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Not sure that it is so easy to compete with Google or Dropbox, but all of types of human activity nowadays find an blockchain alternative. So if U LABS will do their best, they will succeed! Ulabs, wish you luck. I have a question, if you created your token based on Bitcoin, then it can be mined?
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Hi. Nice ICO, but I'm interested in the dividend payment system. Will you allocated a fixed amount of money from the pure income to pay dividends to tokenholders or will you decide how much you should allocate in the end of every months?
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Good afternoon. How much is the hard cap on the pre-sale of this platform? Did you achive this goal?
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Will there be nodes and masternodes in your project?
"Foleum will also run nodes and masternodes from its datacenter for other blockchains like Nexus and Dash, which will add an additional revenue source to the Project. In addition to running masternodes, we will also dedicate hardware to speculation mining. Foleum plans to add profits from running nodes / masternodes and speculation mining to the Foleum reserve fund." - information from the whitepaper. So answer is Yes, there will be nodes and masternodes.
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Do you plan to allocate funds for charity? Maybe create some relief fund??
According the white paper, they already have a “Charity Staking Fund”, at the end of each year, Foleum will distribute its profit-sharing proceeds, from the 1% charity staking, to different charities based on the charity submission and votes from supporters, the Crystal holders.
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