bertramSky
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July 24, 2018, 01:43:00 PM |
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Does the foleum plan any events in the future?
Yes, actually at the end of each year, Foleum will distribute its profit-sharing proceeds, from the 1% charity staking, to different charities based on the charity submission and votes from our supporters, the Crystal holders.
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bertramSky
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July 24, 2018, 01:44:04 PM |
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Greetigs. I wanna ask, how will you solve various issues related to the project as it grows?
Greetings. The Voting feature will be an important part of the Foleum project. Participants will be able to take part in community votings, and decides how Foleum will be improved in the future. Oh, that's cool, i like it! And how it will be implement? So, as team himself said: FOL holders will be able to use their crystals to provide input on the direction of the project and help shape the Mining Community. The project will let its users vote on various blockchain mining matters.
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bertramSky
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July 24, 2018, 01:44:40 PM |
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Hello everyone. Project looks rather amazing in my opinion, would gladly take part in it, is there any risk factor?
Hello. There always a "risk factors" in such a huge projects! Before purchasing FOL crystal, it is recommended that each prospective purchaser carefully weighs all the information and risks described in the PPM or other applicable or related offering memorandum. I see. But what you can say specifically about this project? Hmm..okay, so, acquiring FOL crystal involves a high degree of risk, including, but not limited to, the risks which are set forth in detail in the FOL Crystal Private Placement Memorandum (“PPM”)or other applicable or related offering memorandum provided by Foleum in connection with its sale of FOL crystals.
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romangor
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July 24, 2018, 01:55:37 PM |
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Is there will be any allocations for mining reserve fund? I find it pretty important in projects like this one.
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big-vados123
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July 24, 2018, 02:06:37 PM |
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Hello team. How much interest do you plan to share in the project reserve?
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vovanchik1
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July 24, 2018, 02:10:49 PM |
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Hi developers! Really like your project so far, and especially your marketing company, how much money are you planning to invest in it in the future?
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olegkrouk
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July 24, 2018, 02:20:38 PM |
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Is there will be any allocations for mining reserve fund? I find it pretty important in projects like this one.
Yes, there is an reserve fund: 1% of the Foleum mining crystals (FOL) and 1% of the ICO (Initial Crystal Offering) will be allocated to the Project Mining reserve fund. In addition, the Project will also allocate 1% of the Project’s hardware processing power to speculation mining.
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olegkrouk
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July 24, 2018, 02:33:58 PM |
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Hello team. How much interest do you plan to share in the project reserve?
Hello! 4% of the FOL crystals will be allocated to the Project reserve and the profit-sharing proceeds will be from 2%.
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olegkrouk
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July 24, 2018, 02:34:51 PM |
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Hi developers! Really like your project so far, and especially your marketing company, how much money are you planning to invest in it in the future?
Hi, there's wil be 3% for marketing.
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big-vados123
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July 24, 2018, 02:43:35 PM |
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Hello team. How much interest do you plan to share in the project reserve?
Hello! 4% of the FOL crystals will be allocated to the Project reserve and the profit-sharing proceeds will be from 2%. Huh, okay. What you plan to do with this money?
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Flex123
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July 24, 2018, 02:46:59 PM |
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Hello guys. Do you plan to buy additional hardware in the future??
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romangor
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July 24, 2018, 02:53:53 PM |
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Is there will be any allocations for mining reserve fund? I find it pretty important in projects like this one.
Yes, there is an reserve fund: 1% of the Foleum mining crystals (FOL) and 1% of the ICO (Initial Crystal Offering) will be allocated to the Project Mining reserve fund. In addition, the Project will also allocate 1% of the Project’s hardware processing power to speculation mining. Maybe you know, where does the team plan to invest money from this?
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olegkrouk
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Activity: 180
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July 24, 2018, 03:10:12 PM |
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Hello team. How much interest do you plan to share in the project reserve?
Hello! 4% of the FOL crystals will be allocated to the Project reserve and the profit-sharing proceeds will be from 2%. Huh, okay. What you plan to do with this money? The profit-sharing proceeds from the remaining 2% of the reserve FOL crystals will also be used to buy back FOL but the repurchased FOL will not be burned and will instead be added to the Project reserve.
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olegkrouk
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July 24, 2018, 03:11:55 PM |
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Hello guys. Do you plan to buy additional hardware in the future??
Hello! Yeap, to keep the Project’s datacenters the most efficient as possible we plan to periodically update the datacenter hardware.
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olegkrouk
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July 24, 2018, 03:13:20 PM |
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Is there will be any allocations for mining reserve fund? I find it pretty important in projects like this one.
Yes, there is an reserve fund: 1% of the Foleum mining crystals (FOL) and 1% of the ICO (Initial Crystal Offering) will be allocated to the Project Mining reserve fund. In addition, the Project will also allocate 1% of the Project’s hardware processing power to speculation mining. Maybe you know, where does the team plan to invest money from this? Hmm..as far as i know, mining reserve fund will be used to build a diverse portfolio of Proof-Of-Work and Proof-Of-Stake tokens.
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romangor
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July 24, 2018, 03:21:42 PM |
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Is there will be any allocations for mining reserve fund? I find it pretty important in projects like this one.
Yes, there is an reserve fund: 1% of the Foleum mining crystals (FOL) and 1% of the ICO (Initial Crystal Offering) will be allocated to the Project Mining reserve fund. In addition, the Project will also allocate 1% of the Project’s hardware processing power to speculation mining. Maybe you know, where does the team plan to invest money from this? Hmm..as far as i know, mining reserve fund will be used to build a diverse portfolio of Proof-Of-Work and Proof-Of-Stake tokens. Wanna ask, will it act right away, or do we need some time for this?
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Flex123
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July 24, 2018, 03:34:02 PM |
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Hello guys. Do you plan to buy additional hardware in the future??
Hello! Yeap, to keep the Project’s datacenters the most efficient as possible we plan to periodically update the datacenter hardware. So, where you will get a money for that? From allocations or something?
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JainePayne
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July 24, 2018, 03:38:40 PM |
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Hello guys! Are you going to attract more people to your team in the future?
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olegkrouk
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Activity: 180
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July 24, 2018, 03:45:36 PM |
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Hello guys! Are you going to attract more people to your team in the future?
Hello! Following the buyback, Foleum may use Crystals from the Project reserve to help attract qualified team members as the project grows and as a reserve for decentralized exchanges.
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olegkrouk
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Activity: 180
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July 24, 2018, 03:52:05 PM |
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Hello guys. Do you plan to buy additional hardware in the future??
Hello! Yeap, to keep the Project’s datacenters the most efficient as possible we plan to periodically update the datacenter hardware. So, where you will get a money for that? From donations or something? Actually, the proceeds from the ICO (Initial Crystal Offering) will be allocated to purchasing the hardware, building out the datacenter and installing the green energy hybrid array.
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