If you already are a company paying salaries and infrastructure, then you already have the money to do so and do not need to use extra money from the ICO.
And why would the company, the goal of which is to make more profit, turn down extra money? One doesn't exclude the other. Well ran companies ask for the funding all the time. But the thing is, we didn't even really ask for anybody's money. As we have written in the first message of this thread, it was thought to be more like a private thing but in public space, which is the blockchain, even though everybody is welcome to participate.
That's why we had some problems during the launch, we haven't expected so much attention and eagerness to acquire the tokens. Well, we expected it, but not so fast that we wouldn't been able to handle the payments load
Using smart contracts to delay your potential exit isn't reassuring in any way either.
This isn't the intention. We have not been even thinking about the exit at this point. We have decided to use the smart contract and ICO simply to stay transparent to our early investors and the team when we would send premiums monthly to all the token holders. We didn't want to do it in the traditional IPO sense, but rather using the innovative blockchain tech. We're really glad that others joined too though.
As far as I'm aware there is no limit on the maximum possible amount to be raised either and you provide no guidelines as to how much money you need for what kind of expenses, which as an established company you should at least be able to do.
Many of the people that have acquired tokens initially knew us personally and what our company does. Some just read the website, because everything is explained there. But I will reiterate some key points here.
What is your company?
It's a company. IT company. Registered in Dubai, with the decentralized team in several countries spanned over multiple time zones.
What do you do?
We are selling B2B technology solutions that have to do with the blockchain to the businesses. It currently includes, but not limited to: payment gateways in Bitcoin/Ethereum/other cryptos, Bitcoin cards, cryptographic notary, fiat- and cryptocurrency exchanges, custom applications that have to do with blockchains. We provide separate solutions as well as white label mode when we host the platform for the client, adapting it to their needs and style guides.
How much is it worth?
We didn't do the IPO, so this information is, naturally, non-existant. At the end of the ICO it should be clear how much exactly it is worth just by multiplying the numbers.
You know the best thing about our smart contract that we're really excited about? It doesn't sell the tokens at the fixed price. It's increasing the price automatically when the market demand increases. This means that the algorithm is basically doing the market evaluation discovery for the token, and thus for the company itself. People will stop buying RKC at some point because the price has gone to the point where they think it's more than what we're worth, and we will know the exact amount by then. Not what we think how much it's worth, but what the market thinks. Nice, isn't it?
What do you need extra funds for? How will you use them?
We are tired of just doing what other companies are doing: providing the payment gateways and exchanges and such. It's all old stuff by now. We believe that despite the Bitcoin having been invented in 2008, the cryptocurrency and blockchain tech is still a child (we especially learned it while working with Ethereum contracts and its Solidity language), and we have so much room to innovate and come up with new products and solutions. That's our goal.
Right now we're working on a beta prototype for Tomorrow Exchange, which would be the distributed cryptocurrency exchange, a real one and a working one, unlike the rest.
So far this is just another scamcoin. I'll be happy to be convinced otherwise though.
The usual investment advice, as you might know, is as follows: invest in what you know enough about, and don't invest more than you're willing to lose, if something will turn out just another scamcoin. I think this is somewhat applicable here to a degree. We're not aggressively searching for the funding, and we wouldn't die without it. But at the same time, we're really excited and very honored to see the market trust in us, expressed in the investment amount. We will do our best to adhere to this trust. Since all our team has shares in RKC and we will spend 50% of our profit to buy and redistribute RKC + 50% to reinvest back to the company, by making our investors and token holders profitable we make ourselves profitable as well, and it's all transparent on the blockchain, so it's our shared goal to make this all happen and make an ROI for us all.
