So, looks like this ICO is already doing well. Do you mind to share what the secret of your success is? I mean, you have no product, and are asking for a soft cap of 4.5 million dollars. That is a lot of money for an idea that already exists, with little solid. OK famous team. OK people from all the big names who are known to be wasteful with resources and scandals worth millions.
Note: this is NOT an attack, seriously just curious about your success.
Hi there,
Thanks for your question.
A) We have not just one live product, but two. Pally Social: Private alpha from November till March, public beta in the app store from April.
https://itunes.apple.com/us/app/pally-the-app-for-friendly-internationals/id1206993633?mt=8 Pally Adventures: is in private beta in London currently:
https://pwareact.firebaseapp.com/The overall community size is 25k people
B) We've existed for 18+ months, have been through bootstrapping, friends and family round, seed round in the private market and the amount we're trying to raise in our ongoing ICO is the equivalent to what we would be aiming for in a series A in the private market which is what the next round of funding if it weren't for the crowdsale.
C) Our HARD cap is $4.55M. Our soft cap is 15% of that amount.
D) We are proud of our advisory board and delighted to have such rigorous experience across several big industries contributing to the company
Please let us know if you have any further questions of course