Its my first time see a bitcoin cash token, and can you explain what are the advantages from bitcoin cash token?
Is there any softcap in the ITO?
Advantages include anonymous, reliable and fast on-chain transactions for less than 1 cent (currently ~0.20 cents USD equivalent) all secured by the Bitcoin Cash blockchain. That's far less than even a Litecoin tx fee, for example, making it perfect for all transactions, small and large.
There is a soft cap of 0.51 BTC and a hard cap of 11.15625 BTC (emphasis decimal points). Because of this we recommend investors do not use a disposable e-mail address to buy tokens, or at least use one which you will have continued access to, so you may receive any surplus BTC raised after the ITO concludes. To be clear, the total supply is and will remain 51 million TWN, so hard cap above denotes the point past where funds raised are returned to investors. Once the first 2,550,000 TWN or 5% of total supply are bought up, the early investor discount will end. Since we are not planning a bounty program and rely on our team, these funds will be allocated and used to make our project known to the public and make Telwin a success.
The reasons for these figures are that we decided to run a minimum marketing campaign during the early days until we've reached our soft cap and because we do not believe at this stage in wasting investor funds in an over-saturated promotional environment when we're able to use social media, Telegram and here to keep the public apprised of new developments and investors in the loop, and because we're able to pay our work-related and living expenses for now. We may incorporate bounties at a later date if we think it's beneficial to our mission.
