Planing To Run A Donate Base ICO - Need Your Opinions

[BIC Foundation]

Hi to all
I am a University student that live in a developing country, Let's make it clear that I'm not a poor guy and have low type of income that is only enough to not be a beggar so be sure that i don't want to be a beggar here Too. I am in Crypto world for almost 5 years but I'm not an expert programmer, just interested in Blockchain technology and now decide to create a charity based foundation to help my people and invest in high potential Startups in my country with helping of my friends and the crypto world.

This ICO should consider as donation (with low possibility of profit)
There is no advanced technology or new platform here that it means you may get nothing for participate in this ICO, this is just about raising funds for a charity based foundation.

The Donation With Possibility Of Profit means the first purpose for participating is donation but there is Possibility to earn profit in long term.
Participators will get BIC token for participate in this ICO.
We will start to investing in high potential projects and startups for talented People who are very low on budget and if any investment makes profit, the Profit will send to token holders by the amount that they have and they will Receive their profit as ETH to the wallet that hold tokens.

Fund Distribution is :
%10 for founders,Our team and our advisors
%5 for legal works and developing the foundation
%35 for charity purposes
%50 for financial investments
 According to this, tokens have %50 of value that will use for financial investments


You may ask why anyone Should Participate In This ICO?

So honestly there is no logical reason.
There are many better choices to invest  money there.
This ICO is a donate base crowdsale so anyone accept high risk when participate.
As it mentioned there is a chance of profit but low.
This ICO is suitable for who want to donate their money And help few peoples that lives in a developing country.


These are the basic info about our project, the whitepaper is more detailed but i don't wanted to announce our project here.
First we need to know is there any interested person and after that we will decide to run this ICO or not.

Please feel free to ask any question and share your opinion about our project and our ICO, you can email me or you can post it here.

[Dmatey]

what are you possible rules and regulations to govern the ICO thread

[ukloonion]

I think you're wasting your time. Firstly there are other charitable coins out there, and secondly you won't find many philanthropists in the crypto world. It's a wild west saloon filled with scammers and greed. Perhaps your project will discover that

[BIC Foundation]

what are you possible rules and regulations to govern the ICO thread

I think i didn't understand you but if you mean why i post the topic here, it is a regular topic not an announcement for ICO.

I think you're wasting your time. Firstly there are other charitable coins out there, and secondly you won't find many philanthropists in the crypto world. It's a wild west saloon filled with scammers and greed. Perhaps your project will discover that

Thanks for sharing your opinion but as i know there is no any charity ( blockchain based ) in my country and that is why i decide to run this project.

[tzipora234]

why would you need an ico to donate money? if I want to donate I will just donate to a charity of my choosing.

[BIC Foundation]

why would you need an ico to donate money? if I want to donate I will just donate to a charity of my choosing.

In this case ICO means use crypto currencies to donate not using USD or ... also this is for specific reasons and also for specific location but other charities may help my people or not.
Considering this I mentioned in first post there is no logical reason to participate in this ICO and you are be able to donate other charities.
Best Regards

[BIC Foundation]

Please feel free to ask any question and share your opinion about our project and our ICO, you can email me or you can post it here.