ICO, KYC, PVS, ADV, AMA, UFO and other strange words… 👻😱
1. Token Sale (ICO).Solar DAO is actively developing, over the past six months we’ve made a great progress. We love and appreciate our Community and we are also grateful to the Pre-ICO participants for their faith in project and its support.
We decided not to run the ICO. Really.
For now there are 1'172'767 SDAO released and no more tokens will be issued.
Why?
As we reported earlier, the bulk of funds for Project’s implementation will be attracted and formed in Private Equity Fund.
We’ve attracted new partners and institutional investors, collecting preliminary commitments worth several millions.
Thus, Solar DAO does not need the ICO. We have already secured the support of early and institutional investors. Next step is to construct PV solar plants (PVS).
2. Fundraising.Recently the Solar DAO project was presented at the Roadshow made by the Monaco Growth Forum. Solar DAO has been represented to over 200 investor (Family Offices, Private Investors and Funds) in 5 major financial centers of Europe (London, Zurich, Geneva, Lugano, Milano). We got positive feedback and currently working with the people we met.
3. Solar plants construction.Currently we are still working at solar projects selection, evaluate them and conduct due diligence for every project that looks promising.
We consider construction in Kazakhstan, Poland, France and Israel. We cannot guarantee these countries because of changing proposals. But our main goal is to begin construction in March 2018.
Please note about the non-disclosure policy. We understand how important it is to know about upcoming projects, but the principle of interaction between partners is built on secrecy, based on the interests of both parties. Therefore, we will notify the Community of an exact project being implemented immediately after the final signing of all necessary documents.
The first PVS construction will begin as soon as everything is ready for it.
https://medium.com/solardao/ico-kyc-pvs-adv-ama-ufo-and-other-strange-words-a6894f5771b3
