Andrew-ilm
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Activity: 70
Merit: 10
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November 06, 2017, 09:41:20 PM |
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Are you gonna do buy back each quarter?
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FundCoins (OP)
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November 06, 2017, 10:08:44 PM |
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Are you gonna do buy back each quarter?
Yes, the buyback is on a quarterly basis. |
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Andrew-ilm
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Activity: 70
Merit: 10
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November 06, 2017, 11:15:51 PM |
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How much do you plan to raise during the first stage of the ICO?
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Inpav
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Activity: 76
Merit: 0
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November 07, 2017, 07:20:05 AM |
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Is the number of FundCoins tokens fixed?
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FundCoins (OP)
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November 07, 2017, 10:16:11 AM |
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Is the number of FundCoins tokens fixed?
No, it isn't fixed. There is the soft- and the hardcap, minimum and maximum amount of tokens. The exact number will depend on how much money will be collected. |
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commds
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Activity: 149
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November 07, 2017, 11:37:22 AM |
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Are you gonna do buy back each quarter?
Yes, the buyback is on a quarterly basis. Okay, but I'm very curious when and for what amount the first buyback will happen |
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FundCoins (OP)
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November 07, 2017, 08:28:46 PM |
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Are you gonna do buy back each quarter?
Yes, the buyback is on a quarterly basis. Okay, but I'm very curious when and for what amount the first buyback will happen After the first quarter of the Fund operation, and later every quarter, the Finblock will offer to buy back FNDs from the investors for the amount of cash received from the investments, at a price determined by Finblock at the time. At this point investors will benefit from their FundCoins. Also they will be able to sell FNDs at exchanges at any time. |
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Andrew-ilm
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Activity: 70
Merit: 10
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November 07, 2017, 09:34:29 PM |
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What are the benefits for investors?
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FundCoins (OP)
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November 07, 2017, 10:01:15 PM |
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What are the benefits for investors?
The principal benefit for investors is that the underlying project is not a high-risk start-up as the overwhelming majority of similar projects. The FND sale proceed will be used to invest in a selection of funds managing more than $1bn of assets, run by some of the most respected and successful managers in the business. We are hoping for IRRs above 25% per annum and cash payouts via token repurchases in the secondary market. |
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Andrew-ilm
Member
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Activity: 70
Merit: 10
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November 07, 2017, 11:13:04 PM |
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What are the benefits for investors?
The principal benefit for investors is that the underlying project is not a high-risk start-up as the overwhelming majority of similar projects. The FND sale proceed will be used to invest in a selection of funds managing more than $1bn of assets, run by some of the most respected and successful managers in the business. We are hoping for IRRs above 25% per annum and cash payouts via token repurchases in the secondary market. Quite a lot! How is this reached? |
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Jaime Staples
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Activity: 53
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November 08, 2017, 07:01:03 AM |
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Is your token is ERC-20 token?
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FundCoins (OP)
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November 08, 2017, 10:00:22 AM |
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Is your token is ERC-20 token?
Yes, our tokens are ERC20 compliant and can be stored on Ethereum wallets which support this protocol. |
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yanarod
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Activity: 116
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November 08, 2017, 11:35:25 AM |
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What are the benefits for investors?
The principal benefit for investors is that the underlying project is not a high-risk start-up as the overwhelming majority of similar projects. The FND sale proceed will be used to invest in a selection of funds managing more than $1bn of assets, run by some of the most respected and successful managers in the business. We are hoping for IRRs above 25% per annum and cash payouts via token repurchases in the secondary market. Quite a lot! How is this reached? In fact, the blockchain grows even faster, so these figures are quite achievable |
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commds
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Activity: 149
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November 08, 2017, 01:32:27 PM |
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In fact, the blockchain grows even faster, so these figures are quite achievable
Yes, I think the average for the industry turned out about 60% per year |
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Andrew-ilm
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Activity: 70
Merit: 10
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November 08, 2017, 08:22:13 PM |
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Will I be able to buy FundCoins in fractions, e.g. 2.5 FNDs?
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FundCoins (OP)
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November 08, 2017, 08:45:37 PM |
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Will I be able to buy FundCoins in fractions, e.g. 2.5 FNDs?
Yes. The smallest fraction of FND is 0.0001 FND. |
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Andrew-ilm
Member
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Activity: 70
Merit: 10
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November 08, 2017, 09:49:52 PM |
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How Contributors can defend their rights? What is the legal practice?
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FundCoins (OP)
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November 08, 2017, 10:17:26 PM |
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How Contributors can defend their rights? What is the legal practice?
FundCoins are backed by investments in a selection of funds collectively managing more than $1bn of assets, run by some of the most respected and successful managers in the business. Income distributions from these funds are to be used to buyback FND tokens from the market, so Investors can benefit from this buyback program |
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Jeremy228
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Activity: 28
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November 09, 2017, 02:58:51 AM |
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this is the token basic the weaves system?
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Agent Dog
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Activity: 58
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November 09, 2017, 07:03:35 AM |
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What is a project Hard Cap?
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