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FundCoins (OP)
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October 21, 2017, 09:35:49 PM |
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Yes, you are totally right, you follow us, we appreciate!  |
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Andrew-ilm
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Activity: 70
Merit: 10
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October 21, 2017, 10:33:49 PM |
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Yes, you are totally right, you follow us, we appreciate! Why not? The ICO is promising, so it's worth following it |
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FundCoins (OP)
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October 22, 2017, 07:41:01 AM |
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Can the FundCoin token be said to be a security for the purpose of Howey test applied in the US-SEC guidance of late?
That's a good question, and this subject is rather unclear yet. The Token has more features as a product and we position it as a product, so we have easier the listing procedures. |
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simplemachine1
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Activity: 138
Merit: 11
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October 22, 2017, 11:54:29 AM |
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How exactly will your fund invest in the blockchain? Will you invest in coins or other ICOs?
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FundCoins (OP)
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October 22, 2017, 02:01:22 PM |
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How exactly will your fund invest in the blockchain? Will you invest in coins or other ICOs?
Both. We will mainly invest in other specialized funds. |
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Andrew-ilm
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October 22, 2017, 06:35:10 PM |
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Can you say something about what blockchain is used?
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FundCoins (OP)
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October 22, 2017, 07:01:43 PM |
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Can you say something about what blockchain is used?
We use the Ethereum infrastructure for issuing tokens and smart contracts. Our tokens are ERC20 compliant and are stored on Ethereum wallets which support this protocol. We've found the Ethereum to be a solid, comprehensive platform to work with and useful for implementing everything we need to effectively launch the FundCoin infrastructure and to protect the interests of our investors. |
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Andrew-ilm
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October 22, 2017, 07:56:48 PM |
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And wallets can be used for ICO participation? Ethereum-based or any?
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Inpav
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October 23, 2017, 06:02:36 AM |
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Can you say something about what blockchain is used?
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FundCoins (OP)
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October 23, 2017, 11:26:53 AM |
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Can you say something about what blockchain is used?
Sure. It's still Ethereum  |
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simplemachine1
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Activity: 138
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October 23, 2017, 01:57:15 PM |
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Can you say something about what blockchain is used?
Sure. It's still Ethereum In fact, I don't see a fundamental difference between platforms. |
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Andrew-ilm
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Activity: 70
Merit: 10
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October 23, 2017, 08:50:53 PM |
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How to Convert FundCoin back to Ethereum?
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FundCoins (OP)
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October 23, 2017, 09:21:56 PM |
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How to Convert FundCoin 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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Jaime Staples
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October 24, 2017, 04:49:13 AM |
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What is the expected IRR?
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FundCoins (OP)
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October 24, 2017, 05:58:58 AM |
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What is the expected IRR?
The Lowestoft Fund targets IRR of 25%+. |
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byrwhale
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October 24, 2017, 11:32:35 AM |
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The Lowestoft Fund targets IRR of 25%+.
Is it still Lowestoft after the rebranding? |
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FundCoins (OP)
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October 24, 2017, 01:14:32 PM |
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Is it still Lowestoft after the rebranding?
For some reason, we can't disclose all the details before the official announcement, but we can say that now the Fundcoin will be distributed among several venture funds that specialize in blockchain. Portfolio of these funds will be available in the coming days. |
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alche
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October 24, 2017, 04:31:47 PM |
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Hi, i am new here. I have one question: your fund is PE fund and PE funds usually have a long term investing style.As far as i know PE funds build their positions in first few years. If that is true for your fund how then you will distribute profits quarterly ? How you will make profits quarterly?
and second question is: where i can see your memorandum ?
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FundCoins (OP)
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October 24, 2017, 07:33:51 PM |
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Hi, i am new here. I have one question: your fund is PE fund and PE funds usually have a long term investing style.As far as i know PE funds build their positions in first few years. If that is true for your fund how then you will distribute profits quarterly ? How you will make profits quarterly?
and second question is: where i can see your memorandum ?
Hello, 1) The funds will be different, VC Funds. They will be revealed soon. The ICO concept has been changed. 2) Soon the website, the whitepaper will be updated - https://fundcoin.io/ |
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