This is the old and not actual thread! Please do not use it for translation! New ANN thread is at the
https://bitcointalk.org/index.php?topic=2170192.0CTS - Continuous Token Sale
In contrast to traditional crowdfunding Fundaria intends to provide service for developing of any business related idea from the scratch, from the "first thought", helping gather community around an idea, invite people to the future project development team, giving opportunity for idea initiator to issue Ethereum tokens for attracting investments and provide maximum convenient business development tools to help an idea to grow in sucessful business.
This is the scheme of idea development part
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ffundaria.com%2Fimages%2Fidea_development_scheme.png&t=665&c=PMnjZZ9Or8ePdA)
This picture summarizes business development tools to be provided during the first phase of Fundaria development
This is presentation of idea development partDetailed description of Fundaria project (commenting is available)Intentions & Policy DocumentSome business development tools are already implemented. This allowed to create datailed planning of the first phase of Fundaria dev. You can see this on the main page of Fundaria project
https://fundaria.com (click/touch and move to scroll the area). Currency unit used for costs is US dollar.
Here is
"Fundaria Development Diaries: Part 1" video with some exploring of current developed tools.
Why to invest in Fundaria?✔ Fundaria is the only one project which unites idea development & business development
✔ Most aspects of the first phase of Fundaria development well thought out and planned
✔ We have strong development beginning
✔ All distrubutions of funds and majority of development processes will be visible to stakeholders
✔ Fundaria should greatly increase evolution of Ethereum and tokens idea
✔ Fundaria would help people with interesting ideas but with lack of time and no business experience to have a chance of the ideas realization
Investing in Fundaria DevelopmentInvesting in Fundaria development occurs when RI token is purchased using
FundariaTokenBuy Ethereum contract
buy() function. Simply call function
buy() with some amount of ETH on address 0xacce8e31616e608d001afdd63aa764f589666879 . Please do not send ETH to this address without calling
buy() function - it doesn't accept it. If you do not have local synced Ethereum network node I created article of how to invest in Fundaria using Metamask+Remix which you can
read here.
There are two main variables are defined in related FundariaToken contract to proceed buying process:
course - current course of RI to ether is 100 RI per 1 ether (100:1)
supplyLimit - current limit of tokens available to supply is 2'000'000 (2mln)
ExplanationI decided not to use standard token supplying scheme. The main difference to usual ICO can be expressed in the phrase "supplying on demand with total supply limit". This scheme is best fit to the Fundaria development and investment intention: "supply tokens no more then development costs planned".
Important note: every second purchased RI token is auto distributed to Fundaria creator address, so totally 50% of all tokens will be owned for further distribution to development team according to efforts contribution into development and other parametres to determine the reason and quantity of these tokens teammate should recieve in addition to the wage and money bonuses.
The end timestamp of the first development phase is August/22/2018 14:00:53 (1534946453).
The costs planned for the first phase of Fundaria development are 223'700 USD. According to current USD/ETH course ($231.55/ETH) this approximately rounded as 1000 ETH. As to Bonus Refund program during the "bonus period 1" (till July/20/2017 08:40:53) 90% of ether invested are refunded and stored in FundariaBonusFund contract. So only 10% of ether for bought RI tokens will be distributed to Fundaria Pool address for development at this bonus period. According to these conditions totaly 10'000 ETH are needed to be invested to accomplish first development phase investment goal. This equals to 1'000'000 RI and including RI for dev. team the
supplyLimit varaible defined at the moment when this text is written is 2'000'000.
At the begining of "bonus period 2" (there will be totally 9 bonus periods with decreasing investment bonus refund shares)
supplyLimit variable will be restated and decreased (because at the next bonus period bonus refund share will be decreased 90% -> 80% and Fundaria Pool share increased accordingly).
Bonus Refund SchemeAccording to this scheme early investors will recieve more RI tokens for the same amount of money (up to X10). When tokens are purchased the ether amount of transaction is devided in two parts, one transfered to Fundaria Pool for development, second transfered to FundariaBonusFund contract to be stored for further withdrawing or investment purposes by purchased tokens owner.
The Bonus Refund share shedule is:
From | To | Bonus Refund |
-- | July/20/2017 08:40:53 | 90% |
July/20/2017 08:40:53 | September/08/2017 03:20:53 | 80% |
September/08/2017 03:20:53 | October/27/2017 22:00:53 | 70% |
October/27/2017 22:00:53 | December/16/2017 16:40:53 | 60% |
December/16/2017 16:40:53 | February/04/2018 11:20:53 | 50% |
February/04/2018 11:20:53 | March/26/2018 06:00:53 | 40% |
March/26/2018 06:00:53 | May/15/2018 00:40:53 | 30% |
May/15/2018 00:40:53 | July/03/2018 19:20:53 | 20% |
July/03/2018 19:20:53 | August/22/2018 14:00:53 | 10% |
Bonus Refunds will be stored in Ethereum contract for each appropriate RI token owner. "FundariaBonusFund" contract is at the address 0x042a277368cb43a70b06361e7ab7d1d0a2096b0e
Bonus ether refunded to tokens owner can be observed on
Etherscan.io on the field
ownedBonusThese bonus wei can be used in two ways:
+ they can be withdrawn after the first phase of Fundaria development (after August/22/2018 14:00:53)
+ they can be transfered to Investor Account (which will be created) and used for buying tokens of Fundaria based companies before the end of the first phase of Fundaria development AND they can be withdrawn from Investor Account after the first phase of Fundaria development.
This condition according to which Bonus Refunds can be transfered to Investor Account can be fulfilled if Fundaria development team will finish first development phase earlier then in planned terms. This condition creates strong motivation to complete usable beta-version of Fundaria much earlier before August/22/2018 14:00:53 because part of bonus ether could be distributed to Fundaria based projects (companies) and this gives life to Fundaria based companies development. And at the same time early investors recieve really great advantage.
Fundaria Token RI Serving ContractsI created 3 Ethereum solidity contracts for dealing with Fundaria Token RI:
1. The "root" contract for RI storing and transfering. Expanded
ERC: Token standard contract named "FundariaToken" which stores tokens ownership information and have functions for tokens supplying and transfering.
The contract source for reading and commenting on google docs and the contract data on
Etherscan.io page.
Ethereum address: 0x0cfae4866c11cf6194d787cf76d479e28a7cc577
There are some standard functions as
transfer,
transferFrom,
approve and standard variables as
totalSupply. Along with them are created special function
supplyTo and variables
supplyLimit,
course for token purchasing purposes. In addition there are some supporting functions such as
weiForToken and
tokenForWei.
2. The contract named "FundariaTokenBuy" to purchase RI tokens by calling
buy() function.
Google docs &
Etherscan.io page. See detailed information of how to buy RI tokens above.
Address: 0xacce8e31616e608d001afdd63aa764f589666879
3. "FundariaBonusFund" contract for storing of ETH bonus refunded.
Google docs link &
Etherscan.io page Address: 0x042a277368cb43a70b06361e7ab7d1d0a2096b0e
Roadmap![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffundaria.com%2Fimages%2Froadmap.png&t=665&c=tb9ImccghR9LxA)
Don't forget that on
fundaria.com you can observe planned funds, projects & task, costs & times. This page will be opened to all during the first phase of Fundaria development (and opened forever to investors), so stakeholders can see how Fundaria is developing and monitor most of dev. related processes reflected in these bisiness development tools.
SlackOn fundaria.com there is also chat which I created in 2008 year with easy 'no email confirmation' registration and even with private chats (the chat located in the bottom left corner of the screen).
Twitter is still in "alfa mode" because logo is not created yet.
As to the logo located on this page - this is *ONLY* for using on bitcointalk logo because I did not ask permission to space ship graphics authors to use their creations on that picture. Only one of them - tfaddy mentioned about free using. I created special "Contributions For Graphics Used in Logo" fund to pay for these ships "rents". That was a great dilemma, use or not this "logo" and finally I came up to conclusion that because I do not use these ships graphics for their direct appointment - for games, authors will not be angry especially considering planned contributions for them. This "logo" is very precisely reflects Fundaria structure as something which gathers great ideas which these space ships are symbolizing.
The team![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ffundaria.com%2Fimages%2Fteam.png&t=665&c=IqxA9C41iZNn6w)