We want to create a product that will turn the dating industry upside down, thats why we need additional resources. For this purpose we are starting an ICO.
So you're saying that your dating platform has nothing to do with blockchain technology, you just want to raise money by selling an ERC20 token in order to get funding?
You claim to be generating 80-120% in profit from your dating platform annually, yes? Why do you need to be asking the cryptocurrency community for their money if you're already making great returns?
Hello, I apologize for your waiting for a response.
To be honest I was expecting such a question.
While preparing for iCO, we analyzed the market and came to the conclusion that almost all dating or social networks projects on blockchain try to solve problems through the blockchain but it can be solved much easier, and in most cases iusing blockchain it is not necessary and is unsubstantiated.
Other similar projects have very little benefit, and also promise unjustified growth of the token.
Therefore, we decided to be as clear as possible and openly use blocking technology to attract financing and implement a reverse buy-back scheme built on a smart contract that will distribute 20% of the company's revenue each month between all the token holders who will decide to participate in the revenue for the period.
Please, be noted that after the token takes part in the distribution of revenue - it will burn, that case will lead to a decrease in the number of tokens in circulation, and as a result, the value of each token increases. Thereby ensuring a constant increase in their value.
Yes - this is not a standard, but fundamentally new approach in the ICO sphere, which is as clear and understandable to investors as possible.
Also I wouldn't hide that we are rely on a rather large amount of investments from the cryptofunds who have already shown interest in the project.
If we talk not about the investment component, but about project's substance, through DateCoin it will be possible to get access to the best girls all over the world, both for the crypto currency and for the internal currency DateCoin.
And we are sure that men need beautiful girls around the world, and crypto-communication is not an exception
Regarding to the second part of the question, we have already invested about 1 million USD in the project, and these funds have already paid off. But even the current yield is not enough to make the project truly international and emplement new technologies. I also want to note that our project is regularly interested in various venture funds, but we decided that raising funds using blockchain technology is the most promising option in the current market conditions.
