Obasi1
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Lead - world's simplest and secure crypto wallet
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January 15, 2019, 11:19:52 PM |
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Thanks. Since ICO price is 1 FABA =$1 that means $2000 worth of FABA is needed to have voting right. Pretty reasonable I think.
Exactly! You are correct. $2000 worth of Faba tokens is what every Investor must hold to share from our dividends portal! |
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MosusnoGovedo
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January 15, 2019, 11:50:05 PM |
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Thanks. Since ICO price is 1 FABA =$1 that means $2000 worth of FABA is needed to have voting right. Pretty reasonable I think.
Exactly! You are correct. $2000 worth of Faba tokens is what every Investor must hold to share from our dividends portal! Can you explain a bit more about the dividends portal please? Does it mean if you have less then 2k Faba tokens you don't get any returns? |
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Bumenuzo
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January 16, 2019, 07:38:24 AM |
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ICO Faba has started, but I don't see the acquisition of their funds to date, and January 31 is the end of ICO, its right?  Soft cap has been reached, but I don't think that total amount raised is known yet. Someone correct me if I'm wrong. Thats an excellent news,its not easy to reach soft cap in this market situation,so it makes it even more important! |
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Obasi1
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January 16, 2019, 08:13:07 AM |
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Can you explain a bit more about the dividends portal please? Does it mean if you have less then 2k Faba tokens you don't get any returns?
That's not what it means. It only means that you are not qualified to vote for new projects if you have less than 2k Faba. However, if you hold less than 2k Faba, you will still earn your accrued dividends in full. To learn more, kindly checkout our one pager: https://www.faba-white-paper.com/Onepager_en.pdf |
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World's Simplest and Safest Decentralized Cryptocurrency Wallet!
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MrSlave
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January 16, 2019, 08:40:19 AM |
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Thanks. Since ICO price is 1 FABA =$1 that means $2000 worth of FABA is needed to have voting right. Pretty reasonable I think.
Exactly! You are correct. $2000 worth of Faba tokens is what every Investor must hold to share from our dividends portal! So when FABA token goes up,that means we will need less tokens?I mean it wont be fixed amount of FABA tokens needed,it will depend on the current value? |
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Toshiro Mifune
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January 16, 2019, 09:41:07 AM |
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Is FABA using Etherium blockchain or something else?
At the moment our ecosystem is built on the ethereum blockchain. Do you plan to switch on your own blockchain in the future,or no plans for that at the moment? |
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kurbanth
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January 16, 2019, 07:29:27 PM |
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Hello! Interested in your project! First of all, I want to wish you success in your plans! Tell me please, who are your partners? What are they known in the world market? What do you expect from yourself? How would you rate your project on a five-point scale?
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DiggerMan
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Erotic Industry on the Blockchain! RachelX
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January 16, 2019, 07:40:25 PM |
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Is FABA using Etherium blockchain or something else?
At the moment our ecosystem is built on the ethereum blockchain. Do you plan to switch on your own blockchain in the future,or no plans for that at the moment? Why would they waste time and money on making their own blockchain when ethereum blockchain is more than enough? |
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WhoWuWho
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January 16, 2019, 08:17:34 PM |
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Thanks. Since ICO price is 1 FABA =$1 that means $2000 worth of FABA is needed to have voting right. Pretty reasonable I think.
Exactly! You are correct. $2000 worth of Faba tokens is what every Investor must hold to share from our dividends portal! So when FABA token goes up,that means we will need less tokens?I mean it wont be fixed amount of FABA tokens needed,it will depend on the current value? Most likely you are right since it is not the amount of Faba tokens that you need, but 2k USD is what you need to be able to vote. |
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Londondungeon
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January 16, 2019, 08:21:58 PM |
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Hello! Interested in your project! First of all, I want to wish you success in your plans! Tell me please, who are your partners? What are they known in the world market? What do you expect from yourself? How would you rate your project on a five-point scale?
You should do some research, visit official website, read onepager and check ICO rating websites.DYOR is the best approach, but if you are lazy you can also join the Telegram channel and chat with admins. |
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MosusnoGovedo
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January 16, 2019, 08:24:40 PM |
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Can you explain a bit more about the dividends portal please? Does it mean if you have less then 2k Faba tokens you don't get any returns?
That's not what it means. It only means that you are not qualified to vote for new projects if you have less than 2k Faba. However, if you hold less than 2k Faba, you will still earn your accrued dividends in full. To learn more, kindly checkout our one pager: https://www.faba-white-paper.com/Onepager_en.pdfThank you for the answer. My bad, I did not go through the WP yet so I see that my question was probably a bit ignorant. Anyway I like that we can still make some profit even if we don't have 2k USD to invest. |
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Dzefa
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January 16, 2019, 09:42:25 PM |
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ICO Faba has started, but I don't see the acquisition of their funds to date, and January 31 is the end of ICO, its right? Soft cap has been reached, but I don't think that total amount raised is known yet. Someone correct me if I'm wrong. I had no idea that soft cap has been reached,congratulations to the team! Was the soft cap reached in private sale? And yeah, congrats to the team on reaching the first milestone, in this market a proper good job indeed. |
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Obasi1
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Lead - world's simplest and secure crypto wallet
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January 16, 2019, 09:46:54 PM |
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Is FABA using Etherium blockchain or something else?
At the moment our ecosystem is built on the ethereum blockchain. Do you plan to switch on your own blockchain in the future,or no plans for that at the moment? At the moment we don't. Especially due to the fact that the ethereum blockchain is sufficient. Why would they waste time and money on making their own blockchain when ethereum blockchain is more than enough? Yeah. You are right. We don't! |
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World's Simplest and Safest Decentralized Cryptocurrency Wallet!
▬▬▬▬▬▬▬ • STORE • SEND • SPEND • SWAP • STAKE • ▬▬▬▬▬▬ |
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Obasi1
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January 16, 2019, 09:51:38 PM |
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Was the soft cap reached in private sale? And yeah, congrats to the team on reaching the first milestone, in this market a proper good job indeed.
Over 2.6m USD (in fiat) was raised in the private sales. While all other funds are being raised through our STO offering. |
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World's Simplest and Safest Decentralized Cryptocurrency Wallet!
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DtpNumbered
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January 16, 2019, 11:39:56 PM |
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Like the idea of crypto fund for investments, first one I see and from the first glance I took at your WP, looks like a well thought of and structured approach is a good start. Voting system is a good idea and should let people take their own fate into their hands in a safe environment while still allowing people who don't have time or will to research and make decisions make "safe" profit.
I'll do some more reading, but I like what I see so far, going to most likely chip in a bit with you guys.
How did you come up with a name FABA? What does it stand for?
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Obasi1
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January 17, 2019, 12:48:23 PM |
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Like the idea of crypto fund for investments, first one I see and from the first glance I took at your WP, looks like a well thought of and structured approach is a good start. Voting system is a good idea and should let people take their own fate into their hands in a safe environment while still allowing people who don't have time or will to research and make decisions make "safe" profit.
I'll do some more reading, but I like what I see so far, going to most likely chip in a bit with you guys.
How did you come up with a name FABA? What does it stand for?
Thanks for the kind words DtpNumbered. To learn more about how we came about the Name Faba, kindly watch this video from our idea maker: https://youtu.be/JozBIgdzFmY |
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World's Simplest and Safest Decentralized Cryptocurrency Wallet!
▬▬▬▬▬▬▬ • STORE • SEND • SPEND • SWAP • STAKE • ▬▬▬▬▬▬ |
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LogitechM590
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January 17, 2019, 03:46:42 PM |
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Was the soft cap reached in private sale? And yeah, congrats to the team on reaching the first milestone, in this market a proper good job indeed.
Over 2.6m USD (in fiat) was raised in the private sales. While all other funds are being raised through our STO offering. How much you raised so far overall?If you can disclose that information of course. |
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BigcountryRoy
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January 17, 2019, 08:08:59 PM |
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Was the soft cap reached in private sale? And yeah, congrats to the team on reaching the first milestone, in this market a proper good job indeed.
Over 2.6m USD (in fiat) was raised in the private sales. While all other funds are being raised through our STO offering. How much you raised so far overall?If you can disclose that information of course. If I'm not mistaken, I believe it is a bit more then 4 mllions USD so far. |
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Lightmotiv
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January 17, 2019, 08:12:50 PM |
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I joined faba bounty campaign too.I like that KYC is needed, so that way it will be much harder for those farmers to join with multiple accounts.
KYC is wanted and hated at the same time, really tricky situation.Wanted cos of scams and hated cos of anonymity. In order for blockchain to go into mainstream, KYC will be needed,so is best to just get used to it now.IMO, good call by FABA. You are right, in order for crypto to go mainstream we will need KYC and AML to become standard, but I still consider it like a necessary evil.It goes against the crypto philosophy in general, but for projects like these I really don't mind KYC. |
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MrSlave
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January 17, 2019, 08:29:13 PM |
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Was the soft cap reached in private sale? And yeah, congrats to the team on reaching the first milestone, in this market a proper good job indeed.
Over 2.6m USD (in fiat) was raised in the private sales. While all other funds are being raised through our STO offering. How much you raised so far overall?If you can disclose that information of course. If I'm not mistaken, I believe it is a bit more then 4 mllions USD so far. $4 million is huge amount in this current bear market.If market gets abit better,i can even see FABA reaching hard cap. |
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