[ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿

[hipuzid]

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.

Yes,i know that some dont like it,but that is it future of crypto,its needed for mainstream acceptance.And we can all agree that crypto will get into mainstream sooner or later.

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[SpockSenior]

How you plan to spend raised funds,what will be your priority after end of sale?

[Sengjen]

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.

When does the sale end? It would need to last a bit longer for a chance to reach hard cap in this market, but everything is possible. Crypto moves much faster then everything else.

[DiggerMan]

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!

Great to hear that. There are so many better things to do with the time and money, smart move to go that way!

[Fekete]

Since Faba is security and not utility token I would like to know will Faba be compatible with MEW like other ETH based utility tokens or there will be a Faba only wallet?

[eko manghas]

faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir 

[Obasi1]

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.

At the moment we can't disclose  the exact amount we have raised. Although we have long exceeded our softcap.

[Obasi1]

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.

I'm glad that you understand the nature of our project!

[Klackalica]

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.

I'm glad that you understand the nature of our project!

I agree, transparency and security is very important for Faba to succeed, so KYC is simply logical thing that goes with VC investments.

[SpockSenior]

How you plan to spend raised funds,what will be your priority after end of sale?

It will be invested in various companies I presume, like it is intended.

I'm sure some will be allocated for marketing, development legal team. That's what I meant,i wanted to know if some specific amount is set.

[hipuzid]

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.

At the moment we can't disclose  the exact amount we have raised. Although we have long exceeded our softcap.

You will announce amount raised at the end of first ico round?Or we have to wait until end of 2nd ?

[nnekic86]

I was part of your airdrop,when you gonna distribute those tokens?

Distribution usually happens after end of ico, so it will most likely be in this case too.

[KureBabino]

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.

At the moment we can't disclose  the exact amount we have raised. Although we have long exceeded our softcap.

You will announce amount raised at the end of first ico round?Or we have to wait until end of 2nd ?

It would be nice to know how much was raised, so people can make some projections and decisions.

[Sengjen]

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.

When does the sale end? It would need to last a bit longer for a chance to reach hard cap in this market, but everything is possible. Crypto moves much faster then everything else.

1st ICO round end on January 31st,while 2nd ICO round ends on June 30th.So plenty of time left.

Quite a long STO, so I see that there are a lot of options and a lot can happen until July. Hard cap will be tough to reach, but it is possible.

[Charuga]

How you plan to spend raised funds,what will be your priority after end of sale?

It will be invested in various companies I presume, like it is intended.

I'm sure some will be allocated for marketing, development legal team. That's what I meant,i wanted to know if some specific amount is set.

Marketing is very important aspect of each start up like this, so I expect that a significant amount of funds is directed towards marketing activities.

Can someone from the team give us the funds distribution breakdown and structure please? How much for R&D, marketing, etc...

[Dollar_Hunter]

I was part of your airdrop,when you gonna distribute those tokens?

Distribution usually happens after end of ico, so it will most likely be in this case too.

reportedly also FABA has reached its softcap, and will enter the market after the ICO is finished,
still enthusiasm to join in the bounty 

[Kuksi]

I was part of your airdrop,when you gonna distribute those tokens?

Distribution usually happens after end of ico, so it will most likely be in this case too.

reportedly also FABA has reached its softcap, and will enter the market after the ICO is finished,
still enthusiasm to join in the bounty 

Is signature bounty open only for ranks above newbie?

[Obasi1]

How you plan to spend raised funds,what will be your priority after end of sale?

It will be invested in various companies I presume, like it is intended.

I'm sure some will be allocated for marketing, development legal team. That's what I meant,i wanted to know if some specific amount is set.

Yes of course! We have some amount reserved for the various business areas - Legal, marketing, etc

[Obasi1]

I was part of your airdrop,when you gonna distribute those tokens?

Token distribution has already started! Be rest assured that yours will get to you! Do well to join our airdrop and bounty channel on telegram: https://t.me/FabaBounty

[Obasi1]

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.

At the moment we can't disclose  the exact amount we have raised. Although we have long exceeded our softcap.

You will announce amount raised at the end of first ico round?Or we have to wait until end of 2nd ?

Yes, we will announce the amount raised when the 1st round ends in January!