BeEvil
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January 08, 2018, 01:09:29 PM |
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I think that your project has an excellent application of blockchain technology. Good luck with ICO!
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whoeier (OP)
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January 08, 2018, 01:49:12 PM |
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Very excited for this project! Good luck I think that your project has an excellent application of blockchain technology. Good luck with ICO!
thank you!
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Social Liberal
Newbie
Offline
Activity: 56
Merit: 0
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January 08, 2018, 04:41:10 PM |
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Hi Farmatrust team, interesting looking ICO. However the amount of the advisors and some of their names scares me off.
Can you please explain why you need so many advisors and what will their different roles be (other than enjoying a piece of the cake)?
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whoeier (OP)
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January 08, 2018, 06:18:57 PM |
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Hi Farmatrust team, interesting looking ICO. However the amount of the advisors and some of their names scares me off.
Can you please explain why you need so many advisors and what will their different roles be (other than enjoying a piece of the cake)?
The amount of advisors is partly cause of the market we're in, the pharmaceutical/healthcare market requires some specific knowledge, others like myself are listed there for specific functions ( eq. in my personal position, I do a part of the communication and function as soundsboard for the managementteam ). I know it looks like a big bunch, but we all really serve a purpose.
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Want to win XTZ & a ledger? Follow the link and join the campaign: https://bit.ly/2PSh8HNYes that is a referral.. no I don't earn from this, Yes I do compete in the same campaign.
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btccrusher
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January 08, 2018, 08:20:53 PM |
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It seems the project is going to get the biggest success. I can see their social profile with a huge crowd in a short time period. In fact, I have learned about this new crypto from a few tweets. I wonder if I could become a loyal member of this project. Good luck.
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Zelan
Newbie
Offline
Activity: 3
Merit: 0
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January 09, 2018, 03:44:17 AM Last edit: January 09, 2018, 04:02:02 AM by Zelan |
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I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.
If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:
1. Pre-sale: 4,348.00002174 ETH 2. Main sale: 57,973.3332971 ETH
TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.
My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?
Edit: Spelling.
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rickn
Member
Offline
Activity: 406
Merit: 10
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January 09, 2018, 05:07:48 AM |
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How much Pre Sale already raised?
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gudman
Jr. Member
Offline
Activity: 78
Merit: 1
P=NP
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January 09, 2018, 09:13:14 AM |
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Very excited for this project! Good luck
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whoeier (OP)
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January 09, 2018, 10:02:33 AM |
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I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.
If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:
1. Pre-sale: 4,348.00002174 ETH 2. Main sale: 57,973.3332971 ETH
TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.
My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?
Edit: Spelling.
We are discussing a dollar hard cap, since the prices are fixed on ETH for our token ( we fixed the prices before the sudden explosion of ETH ). I can't open up further on this, but I'm fighting to get the cap brought down.
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Want to win XTZ & a ledger? Follow the link and join the campaign: https://bit.ly/2PSh8HNYes that is a referral.. no I don't earn from this, Yes I do compete in the same campaign.
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itranslate
Jr. Member
Offline
Activity: 112
Merit: 2
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January 10, 2018, 02:23:44 AM |
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I believe that blockchaine can really make changes in pharma industry. There are several ICOs in that field. Will see which become succsessful.
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rouse1
Newbie
Offline
Activity: 2
Merit: 0
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January 10, 2018, 02:43:18 AM |
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Campaign is going very smoothly and this project is very unique and looks very promising.. Helping the whole world, saving life that's really great.. I think it's need everyone.. Success for farma trust.. Keep eyes on it..
I love the idea of this initiative, saving people is a great generosity, I hope that everything goes as planned, I hope it is very useful for the community and for the whole world.
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longyenthanh
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January 10, 2018, 07:36:06 AM |
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I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.
If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:
1. Pre-sale: 4,348.00002174 ETH 2. Main sale: 57,973.3332971 ETH
TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.
My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?
Edit: Spelling.
We are discussing a dollar hard cap, since the prices are fixed on ETH for our token ( we fixed the prices before the sudden explosion of ETH ). I can't open up further on this, but I'm fighting to get the cap brought down. Such a large increase in ETH price blurred the picture of market cap in many ICOs. The project looks very interesting, but in meantime ETH price increase 3-4 times. In this situation realizeation of softcap at level of 10,000 ETH can be very difficult. I will wait until the 15th of January, for publication of the private sale results and hopefully adjust project cap to the prices in dollars.
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whoeier (OP)
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January 10, 2018, 11:28:31 AM |
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I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.
If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:
1. Pre-sale: 4,348.00002174 ETH 2. Main sale: 57,973.3332971 ETH
TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.
My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?
Edit: Spelling.
We are discussing a dollar hard cap, since the prices are fixed on ETH for our token ( we fixed the prices before the sudden explosion of ETH ). I can't open up further on this, but I'm fighting to get the cap brought down. Such a large increase in ETH price blurred the picture of market cap in many ICOs. The project looks very interesting, but in meantime ETH price increase 3-4 times. In this situation realizeation of softcap at level of 10,000 ETH can be very difficult. I will wait until the 15th of January, for publication of the private sale results and hopefully adjust project cap to the prices in dollars. Hi, We understand your position, but as a part of the management is from the old fashioned, it takes time to get a decision on this.
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Want to win XTZ & a ledger? Follow the link and join the campaign: https://bit.ly/2PSh8HNYes that is a referral.. no I don't earn from this, Yes I do compete in the same campaign.
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forLexx
Member
Offline
Activity: 210
Merit: 10
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January 10, 2018, 01:37:12 PM |
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This project is awesome, Good Luck
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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January 11, 2018, 06:12:49 AM |
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I just start supporting this project - good luck. Even if management is old fashioned, it should be clear like for elementary school student, that from 10k ETH worth $4M now they expect 10k ETH worth $12M. I don't know who is responsible for realization of this project, but if the price of ETH increases more, in a moment the softcap may be $20M or more, and then there may be an even bigger problem. Ps. It is very likely that the price of ETH will increase significantly. Just my 2 satoshi..
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whoeier (OP)
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January 11, 2018, 06:59:25 AM |
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I just start supporting this project - good luck. Even if management is old fashioned, it should be clear like for elementary school student, that from 10k ETH worth $4M now they expect 10k ETH worth $12M. I don't know who is responsible for realization of this project, but if the price of ETH increases more, in a moment the softcap may be $20M or more, and then there may be an even bigger problem. Ps. It is very likely that the price of ETH will increase significantly. Just my 2 satoshi.. Thank you for your support! Yes that is what has been pointed out to them, but changing anything during the pre-sale seems to scared for old-fashioned, as in the old-school it would show a lack of preparation, where in the crypto world it is key to stay in line with the prices
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Want to win XTZ & a ledger? Follow the link and join the campaign: https://bit.ly/2PSh8HNYes that is a referral.. no I don't earn from this, Yes I do compete in the same campaign.
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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January 11, 2018, 07:41:39 AM |
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I just start supporting this project - good luck. Even if management is old fashioned, it should be clear like for elementary school student, that from 10k ETH worth $4M now they expect 10k ETH worth $12M. I don't know who is responsible for realization of this project, but if the price of ETH increases more, in a moment the softcap may be $20M or more, and then there may be an even bigger problem. Ps. It is very likely that the price of ETH will increase significantly. Just my 2 satoshi.. Thank you for your support! Yes that is what has been pointed out to them, but changing anything during the pre-sale seems to scared for old-fashioned, as in the old-school it would show a lack of preparation, where in the crypto world it is key to stay in line with the prices I also understand their position. After all, it is possible that the price of ETH may fall, right? However, from the observation of the market it is impossible right now Anyway, I'm sure that this project will defend himself and will win common sense and professionalism.
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whoeier (OP)
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January 11, 2018, 07:54:00 AM |
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I just start supporting this project - good luck. Even if management is old fashioned, it should be clear like for elementary school student, that from 10k ETH worth $4M now they expect 10k ETH worth $12M. I don't know who is responsible for realization of this project, but if the price of ETH increases more, in a moment the softcap may be $20M or more, and then there may be an even bigger problem. Ps. It is very likely that the price of ETH will increase significantly. Just my 2 satoshi.. Thank you for your support! Yes that is what has been pointed out to them, but changing anything during the pre-sale seems to scared for old-fashioned, as in the old-school it would show a lack of preparation, where in the crypto world it is key to stay in line with the prices I also understand their position. After all, it is possible that the price of ETH may fall, right? However, from the observation of the market it is impossible right now Anyway, I'm sure that this project will defend himself and will win common sense and professionalism. Yes that has been pointed out, even supported by the graphs, that Ethereum is holding strong, where all others are currently show signs of bleeding, or are even bleeding fully
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Want to win XTZ & a ledger? Follow the link and join the campaign: https://bit.ly/2PSh8HNYes that is a referral.. no I don't earn from this, Yes I do compete in the same campaign.
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whoeier (OP)
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January 11, 2018, 12:10:03 PM Last edit: January 11, 2018, 12:33:48 PM by whoeier |
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NEWS FLASHAs FarmaTrust is expanding its activity's we've attracted a new advisor to our team: Desmond Marshall has joined the team of advisors Desmond Marshall is the country (China / Hong Kong) Managing Director of The Floor (Top Global Fintech/Blockchain/Crypto/ICO/Trading/Insure/Bank/Investment) [theFloorhub.com]Desmond is Partner of Rouge Ventures [Rougevc.com], an investment and strategic consulting firm in Asia, that serves numerous Fortune 500, governments, and new age companies from around the world in various industries, providing professional services on capital raising (IPO, ICO, fund raise) and strategic advisory services (ICO/IPO related). More information about Desmond Marshall can be found on the following locations: Linkedin: https://www.linkedin.com/in/desmondmarshallFacebook: https://www.facebook.com/desmond.marshall168Wechat ID: mayingzhao001 Pitch Perfect + Angel Investors Forum www.pitchperfectevent.comFacebook pages of Pitch Perfect www.facebook.com/pitchperfecteventFor more information about our campaign, please join Telegram
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Want to win XTZ & a ledger? Follow the link and join the campaign: https://bit.ly/2PSh8HNYes that is a referral.. no I don't earn from this, Yes I do compete in the same campaign.
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Zelan
Newbie
Offline
Activity: 3
Merit: 0
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January 11, 2018, 12:29:34 PM |
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Is there going to be any further news before the weekend regarding the below, or has the decision been made not to implement a $ cap? I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.
If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:
1. Pre-sale: 4,348.00002174 ETH 2. Main sale: 57,973.3332971 ETH
TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.
My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?
Edit: Spelling.
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