Lupukoneco
Newbie
Offline
Activity: 6
Merit: 0
|
|
February 24, 2019, 08:58:21 AM |
|
How many companies does Faba plan to invest initially?
In total, we intend to make Investment into 110 projects, and out of which 11-17 best represent 10-30 x the return on investment, 1 out of 100 projects gets a valuation of $ 1B (unicorn) Ok, good to know.Can you tell when are those companies going to be disclosed? We have already been disclosing them gradually. Both on our website and in our articles. Also the numbers of companies will continue to increase as our STO sales increase. So you are immediately investing raised funds in new companies?I thought that you will wait for the end of STO and then invest in companies based on the amount raised.
|
|
|
|
Bumenuzo
Newbie
Offline
Activity: 37
Merit: 0
|
|
February 24, 2019, 05:55:13 PM |
|
Im certain FABA team will keep majority of the tokens for themselves, thats the safest way for this idea to suceed as they are well experienced investors, so they will work in best interest of the company.
Most probably the team will do this. The team will be the majority shareholder to implement what is in their mind. Also I believe that this is a good decision. Because they are more trusted than any other one by the community. Will there be some other use for FABA tokens except for voting rights when they decide about where to invest? In the future, our investors will have the option accepting Faba tokens for dividend payments. We are also exploring additional use cases for our tokens so as to increase its demands. How you plan to achieve that,to payout FABA tokens as dividend if there is certain amount of tokens available,do you plan to mint more tokens in that case?
|
|
|
|
Charuga
Newbie
Offline
Activity: 96
Merit: 0
|
|
February 24, 2019, 08:53:32 PM |
|
Im certain FABA team will keep majority of the tokens for themselves, thats the safest way for this idea to suceed as they are well experienced investors, so they will work in best interest of the company.
Most probably the team will do this. The team will be the majority shareholder to implement what is in their mind. Also I believe that this is a good decision. Because they are more trusted than any other one by the community. Will there be some other use for FABA tokens except for voting rights when they decide about where to invest? In the future, our investors will have the option accepting Faba tokens for dividend payments. We are also exploring additional use cases for our tokens so as to increase its demands. How you plan to achieve that,to payout FABA tokens as dividend if there is certain amount of tokens available,do you plan to mint more tokens in that case? It is a bit weird to me to, since unsold Faba tokens will be burned, I guess dividends will come from team tokens then or?
|
|
|
|
MosusnoGovedo
Newbie
Offline
Activity: 42
Merit: 0
|
|
February 24, 2019, 08:57:34 PM |
|
Is there any reward if we suggest a company to Faba to put up for vote or invest into?
Feel free to suggest the company to us. Alternatively, you can ask the team to submit their request here: https://vc.fabainvest.com/send_projectIs there any kind of reward for hunting the companies and suggesting them?
|
|
|
|
SpockSenior
Member
Offline
Activity: 406
Merit: 13
|
|
February 24, 2019, 10:05:03 PM |
|
I see that people are still confusing STO and ICO, but soon enough people will figure out that its not the same thing Yeah, it should be communicated to people that they do get the shares of Faba and voting right, like if they invest enough funds they own a part of the company unlike with utility tokens where you essentially do not own a thing. It doesn't matter how little, or big your investment in Faba is, as long as you contribute to our STO, you are a shareholder of Faba Limited Will shareholders have any extra privileges based on the amount of FABA tokens they own? All Faba investors have equal rights and their right is also proportionate to the amount of Faba tokens they own. Does that work same as stocks? If someone buys 51% of Faba he can become the owner? You will become the majority share holder of course. So it is theoretically possible for someone else to take control and have majority, someone else other than FABA team?Isn't that kinda dangerous?
|
|
|
|
Emilyearl
Full Member
Offline
Activity: 700
Merit: 105
APESWAP
|
|
February 25, 2019, 09:15:20 AM Last edit: February 25, 2019, 10:35:48 AM by Emilyearl |
|
You mentioned that you will invest in more than 100 companies.Wont you need a lot of funds to be able to do that,like reaching hard cap or that will be possible if you reach lets say 10 millon dollars? Our investments projection is based on the total amount raised. And we are confident we will hit our hardcap. So naturally if you raise less money, you wont invest in 100+ companies,rather like dozen of the best ones,something like that? Amount raised during the ICO determines the number of projects invested in.
|
|
|
|
Emilyearl
Full Member
Offline
Activity: 700
Merit: 105
APESWAP
|
|
February 25, 2019, 09:18:42 AM |
|
How many companies does Faba plan to invest initially?
In total, we intend to make Investment into 110 projects, and out of which 11-17 best represent 10-30 x the return on investment, 1 out of 100 projects gets a valuation of $ 1B (unicorn) Ok, good to know.Can you tell when are those companies going to be disclosed? We have already been disclosing them gradually. Both on our website and in our articles. Also the numbers of companies will continue to increase as our STO sales increase. So you are immediately investing raised funds in new companies?I thought that you will wait for the end of STO and then invest in companies based on the amount raised. Faba keeps investing from time to time upon discovery of a viable project.
|
|
|
|
PupEgor
Newbie
Offline
Activity: 19
Merit: 0
|
|
February 25, 2019, 11:05:21 AM |
|
In the near future, everything will change, because cryptoeconomics is developing rapidly and many technologies enter our everyday life.
|
|
|
|
MrSlave
Member
Offline
Activity: 420
Merit: 11
|
|
February 25, 2019, 05:48:06 PM |
|
Is there any reward if we suggest a company to Faba to put up for vote or invest into?
Feel free to suggest the company to us. Alternatively, you can ask the team to submit their request here: https://vc.fabainvest.com/send_projectIs there any kind of reward for hunting the companies and suggesting them? You would get reward by percenateg of profit you get if you suggest good company and its accepted.For me that would be reward enough
|
|
|
|
WhoWuWho
Newbie
Offline
Activity: 166
Merit: 0
|
|
February 25, 2019, 11:11:36 PM |
|
Is there any reward if we suggest a company to Faba to put up for vote or invest into?
Feel free to suggest the company to us. Alternatively, you can ask the team to submit their request here: https://vc.fabainvest.com/send_projectIs there any kind of reward for hunting the companies and suggesting them? You would get reward by percenateg of profit you get if you suggest good company and its accepted.For me that would be reward enough Same here, just finding a 10x company would be reward in itself.
|
|
|
|
Klackalica
Newbie
Offline
Activity: 142
Merit: 0
|
|
February 25, 2019, 11:14:06 PM |
|
Is the second round of sale staring in few days?
|
|
|
|
MadeinCoin
Legendary
Offline
Activity: 1386
Merit: 1003
|
|
February 26, 2019, 03:05:33 AM |
|
Is the second round of sale staring in few days?
I see on Faba's telegram, the ICO ends in May 2019, 2nd round of ICO sale will start in March 1st, 2019. I see the highest bonus offered by Faba in the 2nd round is 20%.
|
|
|
|
welcomehome
Newbie
Offline
Activity: 21
Merit: 0
|
|
February 26, 2019, 08:37:01 AM |
|
Is the second round of sale staring in few days?
I see on Faba's telegram, the ICO ends in May 2019, 2nd round of ICO sale will start in March 1st, 2019. I see the highest bonus offered by Faba in the 2nd round is 20%. So there will be bonus afterall?All this time i thought that price will be $1.3 per token,without the bonus.
|
|
|
|
MrSlave
Member
Offline
Activity: 420
Merit: 11
|
|
February 26, 2019, 05:19:46 PM |
|
Is the second round of sale staring in few days?
I see on Faba's telegram, the ICO ends in May 2019, 2nd round of ICO sale will start in March 1st, 2019. I see the highest bonus offered by Faba in the 2nd round is 20%. I think that info about 20% bonus during 2nd STO round is wrong.There wont be any bonus during that period,only difference is the price per token,compared to 1st round.
|
|
|
|
Obasi1
Copper Member
Newbie
Offline
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet
|
|
February 26, 2019, 05:20:36 PM Last edit: February 26, 2019, 05:35:17 PM by Obasi1 |
|
FOR LONG LIFE Inc., belongs to Trisystems Ltd and is an international industry group founded by Antonin Tony Spirit in 2010 in the field of health, lifestyle, ecology and quality of life. Leading industrial companies, scientists and researchers from around the world come together to develop unique products for people's health.
For Long Life Inc has developed a cure for diabetes and other related ailments.
Read our latest blog post on the medtech industry and our involvement with For Long Life Inc.:
https://steemit.com/fabainvest/@fabainvest/medical-technology-and-the-advancement-of-medicine-faba-partners-for-long-life-inc
|
▂▂▂▂▂▂▂▂▂▂▂▂▂▃▅▆█ L E A D █▆▅▃▂▂▂▂▂▂▂▂▂▂▂▂ World's Simplest and Safest Decentralized Cryptocurrency Wallet! ▬▬▬▬▬▬▬ • STORE • SEND • SPEND • SWAP • STAKE • ▬▬▬▬▬▬
|
|
|
Obasi1
Copper Member
Newbie
Offline
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet
|
|
February 26, 2019, 05:21:57 PM |
|
Is the second round of sale staring in few days?
Yes! On the 1st of March
|
▂▂▂▂▂▂▂▂▂▂▂▂▂▃▅▆█ L E A D █▆▅▃▂▂▂▂▂▂▂▂▂▂▂▂ World's Simplest and Safest Decentralized Cryptocurrency Wallet! ▬▬▬▬▬▬▬ • STORE • SEND • SPEND • SWAP • STAKE • ▬▬▬▬▬▬
|
|
|
Obasi1
Copper Member
Newbie
Offline
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet
|
|
February 26, 2019, 05:24:11 PM |
|
As far as I know the total supply should be 160 million. I checked Etherscan and there are only about 5.3 million tokens. Where are the other tokens? Are they going to be generated?
Yes Tokens are minted in batches and also locked until the end of the ICO sales. Can you tell how much tokens have you minted up until now? At the moment we have minted up to 5,837,005.8 FABA tokens. To learn more visit: https://etherscan.io/token/0xf96ce1afeacbb80eee6f9989b6bf38e819efdb05
|
▂▂▂▂▂▂▂▂▂▂▂▂▂▃▅▆█ L E A D █▆▅▃▂▂▂▂▂▂▂▂▂▂▂▂ World's Simplest and Safest Decentralized Cryptocurrency Wallet! ▬▬▬▬▬▬▬ • STORE • SEND • SPEND • SWAP • STAKE • ▬▬▬▬▬▬
|
|
|
Obasi1
Copper Member
Newbie
Offline
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet
|
|
February 26, 2019, 05:29:49 PM |
|
Is the second round of sale staring in few days?
I see on Faba's telegram, the ICO ends in May 2019, 2nd round of ICO sale will start in March 1st, 2019. I see the highest bonus offered by Faba in the 2nd round is 20%. So there will be bonus afterall?All this time i thought that price will be $1.3 per token,without the bonus. In the second round their won't be any bonus. Token price is fixed at 1.3usd per token.
|
▂▂▂▂▂▂▂▂▂▂▂▂▂▃▅▆█ L E A D █▆▅▃▂▂▂▂▂▂▂▂▂▂▂▂ World's Simplest and Safest Decentralized Cryptocurrency Wallet! ▬▬▬▬▬▬▬ • STORE • SEND • SPEND • SWAP • STAKE • ▬▬▬▬▬▬
|
|
|
suhardi3899
Member
Offline
Activity: 420
Merit: 24
|
|
February 26, 2019, 06:29:05 PM Last edit: February 28, 2019, 06:33:59 PM by suhardi3899 |
|
Is the second round of sale staring in few days?
I see on Faba's telegram, the ICO ends in May 2019, 2nd round of ICO sale will start in March 1st, 2019. I see the highest bonus offered by Faba in the 2nd round is 20%. So there will be bonus afterall?All this time i thought that price will be $1.3 per token,without the bonus. In the second round their won't be any bonus. Token price is fixed at 1.3usd per token. Faba's admin explain to me, there is a bonus but, The bonus is on special conditions which is yet to be decided. And he said No bonus on 200usd minimum investment. And you are right. Token price is fixed. To get the bonus, it will be based on several conditions. Edit; The minimum purchase is USD1,300 not USD200. And the team has agreed to apply the 20% bonus on all purchasing accounts I get this information directly from the admin
|
|
|
|
Fekete
Newbie
Offline
Activity: 95
Merit: 0
|
|
February 26, 2019, 07:49:21 PM |
|
FOR LONG LIFE Inc., belongs to Trisystems Ltd and is an international industry group founded by Antonin Tony Spirit in 2010 in the field of health, lifestyle, ecology and quality of life. Leading industrial companies, scientists and researchers from around the world come together to develop unique products for people's health.
For Long Life Inc has developed a cure for diabetes and other related ailments.
Read our latest blog post on the medtech industry and our involvement with For Long Life Inc.:
https://steemit.com/fabainvest/@fabainvest/medical-technology-and-the-advancement-of-medicine-faba-partners-for-long-life-inc So Long Life company is one of those that Faba invested into?
|
|
|
|
|