FundCoins (OP)
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October 31, 2017, 09:44:56 PM |
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What if the minimum milestone is not achieved?
In case the first milestone is not achieved by the end of the ICO, all investments will be refunded. I already asked for a refund for the pause time in the project, and everything was returned without problems That's right, any investment made during the Pre-Order is repaid in 100% cases of requests if our investors wish to do so. However the majority of them are staying with us and waiting for the aanouncement of details about the updated concept. We DO appreciate their trust!
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Andrew-ilm
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Activity: 70
Merit: 10
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October 31, 2017, 10:41:01 PM |
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How many FundCoin tokens will be available to investors? How much will they each cost individually to investors?
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Jaime Staples
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Activity: 53
Merit: 0
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November 01, 2017, 05:50:30 AM |
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What is the fee structure for the fund?
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FundCoins (OP)
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November 01, 2017, 06:54:26 AM |
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What is the fee structure for the fund?
The investor pays a one-off ICO administration cost of 3% of the total ICO proceeds. The fund adheres to the normal 2 and 20 fee structure that most PE firms follow
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FundCoins (OP)
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November 01, 2017, 06:56:01 AM |
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How many FundCoin tokens will be available to investors? How much will they each cost individually to investors?
We will release 50 million FundCoin tokens to investors in the ICO. Each Fundcoin has a value of €1.
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simplemachine1
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Activity: 138
Merit: 11
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November 01, 2017, 11:55:38 AM |
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That's right, any investment made during the Pre-Order is repaid in 100% cases of requests if our investors wish to do so. However the majority of them are staying with us and waiting for the aanouncement of details about the updated concept. We DO appreciate their trust!
I decided not to withdraw my eth back, I'm waiting for the launch
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anonymwhale11
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Activity: 142
Merit: 0
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November 01, 2017, 01:01:06 PM |
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I decided not to withdraw my eth back, I'm waiting for the launch
It looks like you decided to use the project as a place for a deposit
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FundCoins (OP)
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November 01, 2017, 06:14:34 PM |
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That's right, any investment made during the Pre-Order is repaid in 100% cases of requests if our investors wish to do so. However the majority of them are staying with us and waiting for the aanouncement of details about the updated concept. We DO appreciate their trust!
I decided not to withdraw my eth back, I'm waiting for the launch Great for you and thank you for your trust!
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Andrew-ilm
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Activity: 70
Merit: 10
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November 01, 2017, 07:34:58 PM |
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I plan to use ETH during the ICO, but if I later choose to sell FundCoins, how will be able to convert them back to Ethereum?
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FundCoins (OP)
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November 01, 2017, 08:02:30 PM |
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I plan to use ETH during the ICO, but if I later choose to sell FundCoins, how will be able to convert them back to Ethereum?
You can do it by trading FND on Cryptocurrency Exchanges (the list of exchanges will be announced later). FundCoins will be traded at the open exchange, and you will be able to sell them whenever you want.
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Andrew-ilm
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Activity: 70
Merit: 10
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November 01, 2017, 09:00:47 PM |
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I plan to use ETH during the ICO, but if I later choose to sell FundCoins, how will be able to convert them back to Ethereum?
You can do it by trading FND on Cryptocurrency Exchanges (the list of exchanges will be announced later). FundCoins will be traded at the open exchange, and you will be able to sell them whenever you want. Great, thanks for the details!
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Jaime Staples
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Activity: 53
Merit: 0
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November 02, 2017, 06:14:02 AM |
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What is the expected value of FundCoin?
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FundCoins (OP)
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November 02, 2017, 07:00:47 AM |
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What is the expected value of FundCoin?
We cannot predict the value in advance . Similar to other currencies and assets, the value is determined by market evaluation. The initial value of 1 FundCoin is 1 Euro. However FND will be traded at the cryptocurrency exchange. It will also generate profits from investments in Venture Companies related to blockchain technologies and from Private Equity investments, thus its rate will increase, and investors will be able to sell their FNDs with a profit.
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commds
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Activity: 149
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November 02, 2017, 12:45:22 PM |
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What is the expected value of FundCoin?
We cannot predict the value in advance . Similar to other currencies and assets, the value is determined by market evaluation. The initial value of 1 FundCoin is 1 Euro. However FND will be traded at the cryptocurrency exchange. It will also generate profits from investments in Venture Companies related to blockchain technologies and from Private Equity investments, thus its rate will increase, and investors will be able to sell their FNDs with a profit. In the previous concept, you guaranteed the buyback of tokens. This is a big rarity and it really has a good effect on the cost of the tokens themselves. It would be great if you keep a buyback in the new concept.
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FundCoins (OP)
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November 02, 2017, 08:33:53 PM |
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What is the expected value of FundCoin?
We cannot predict the value in advance . Similar to other currencies and assets, the value is determined by market evaluation. The initial value of 1 FundCoin is 1 Euro. However FND will be traded at the cryptocurrency exchange. It will also generate profits from investments in Venture Companies related to blockchain technologies and from Private Equity investments, thus its rate will increase, and investors will be able to sell their FNDs with a profit. In the previous concept, you guaranteed the buyback of tokens. This is a big rarity and it really has a good effect on the cost of the tokens themselves. It would be great if you keep a buyback in the new concept. Yes, the buy-backs are there as well
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Andrew-ilm
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Activity: 70
Merit: 10
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November 02, 2017, 09:52:04 PM |
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Is the number of FundCoins tokens fixed?
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FundCoins (OP)
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November 02, 2017, 10:23:41 PM |
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Is the number of FundCoins tokens fixed?
FundCoins will be finite. Their number will be equal to the amount raised, with 1 FND = 1 Euro
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Andrew-ilm
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Activity: 70
Merit: 10
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November 02, 2017, 11:13:09 PM |
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What is the expected value of FundCoin?
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Agent Dog
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Activity: 58
Merit: 0
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November 03, 2017, 04:15:29 AM |
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What will be the exchanges FND will be traded at?
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FundCoins (OP)
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November 03, 2017, 07:01:25 AM |
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What will be the exchanges FND will be traded at?
These will be announced after the distribution. We are negotiating with several exchanges, and will inform everybody as soon as the have listing confirmations
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