I’m agree with the idea that the project will be popular with certain users, but why $50 MIO? What $3-5 MIO for PR are you talking about ? Any dandy and handy product of that kind should be viral, and the rest success can be managed with initial PR.
Again, please read the ICO scenario carefully.
$50 MIO is a sort of a rough ceiling amount of investments to raise within 10 rounds over 10 months. During the first month it is planned to invite $150 000 (quite a little by the current cryptocurrency market standards), and the sum is totally reasonable.
Unlike other projects, we are not going to raise let’s say $8 MIO within the ICO with an unclear project and investments future. Our goal is to raise investments softly, step by step. You can find more detailed description of its mechanics in our White Paper.
In brief:
- over the first round of the ICO it is planned to raise $150 000;
- over the second round (before which, btw, we are demonstrating statistics and an activity report) it is planned to raise $800 000;
- over the third round - according to our preliminary forecasts, it is planned to invite $5 000 000. BUT! This amount will be real if we really make headway on the project itself.
This logic will be followed during all 10 rounds of the ICO. The scenario is comprised of 10 rounds of the ICO, each of which includes limited issue of tokens; before each round we are opening statistics on the current success of the project based on key metrics. And it is a core principle for us to have a strategy based on transparency, clarity and a true possibility of seeing what is happening with the project in real time.
