Hi devs.
I don't realize how is the rate. How many Adl per BTC?
Thank you.
The market price of ADL will be determined at the end of the ICO. This value will be calculated based on the total BTC collected, divided by 28,333,333 ADL coins (to establish the value of BTC per ADL). This will also determine the EUR (European dollar) value per ADL based on the BTC exchange rate at the end of the ICO.
Ok Thank you. It depends on there is no minimun target of fundraising.
Our minimum target is 900 BTC. But even if we don’t reach our minimum 900 BTC target, Adel will enable a voting capability for those who contributed more than 1 BTC. They would then vote whether to proceed with Adel. We are passionate about Adel, and have great plans for the ecosystem, so we will present a compelling roadmap to the participants of the ICO, even if we don't reach our minimum. We believe those who contributed over 1BTC also are passionate of our vision. Whatever the result of the ICO we plan to plow forward with Adel, because the seed capital already raised is enough to establish momentum to build the second phase of our ecosystem (see WP#10).
We believe that Adel is currently the most undervalued ICO at the moment. Even after the ICO, we anticipate a second wave of participants because the ADL coin will be listed on the exchanges could significantly increase the value of ADL. We will also release a plan that gives ICO participates a significant return on their investment if they vote yes to proceeding with the Adel ecosystem plans.
So the decision to proceed will reside with those participating over 1BTC in the ICO. In any case, we will shortly present a good plan to move forward, because we believe that our platform has a strong future, and we feel that those who have contributed more than 1 BTC also believe in this vision. It is very feasible to start the Adel Blockchain incubator with the 300K+ Euros we have raised so far. We will set up a voting platform. Either way the vote plays out we see it as a win-win:
- Participants will be able to get their contributions back in BTC
- Or Participants will be able to get their contributions back in ADL (and sell them on the exchanges + they will have their ICO ADL bonuses on top of that).