Thanks for the questions:
1. Expected return and size
Total investment will depends on the amount raised for the crowdsale. For example, if the end amount raised is closer to $15m, position sizing operating costs and everything will be scaled down almost proportionally. The rest of the tokens are burned. Our expectation is to outperform the market significantly. If you look at the returns of some other listed vehicles such as TaaS, market cap has almost tripled in that time with decent performance. Based on our analysis of market return and previous strategy, we are aiming for high ROI even in the first quarter. As you said, the more raised the better.
2. Dividends and exchange
We are currently also looking at a process for DRP, as some token holders are expressing their want to reinvest the total amount. This is understandable and we are hoping to come up with a flexible solution. The listing on exchanges is actually a technical barrier to do with dividend distribution as well. We are currently finalising discussions with a number of exchanges and hoping to release an announcement this week. It is simply a matter of which are the most flexible for ETH contributions to be made every quarter.
3. Picolo and Spec Buy
Great question. Spec Buy represents a lower exposure opportunity where conviction isnt 100%, however the rewards outweigh the risks for a short/medium term buy. Simply put, this affects position sizing and length of 'hold.' Astronaut holders will find that the reports released after the token sale (exclusive to them) will be quite a bit different, specifically noting the rationale behind the amount of funds placed, sizing and detailed stop loss.
4. Investment strategy
This is a question we could answer in about 15 pages
Ultimately it comes down to the following:
a) protecting risk. when a position pops in the market and significant capital gains are had, we implement a Stop Loss strategy to cash out of any existing risk therefore making it a free trade. This protects downside risk and keep long exposure.
b) continuing to scale out of volatile tokens (if short term). This comes down to raising stop loss and exit points as we see market sentiment turn adn volatility increase (or volume decrease)
c) position on the token. The above really depends on whether or not a long or short term view is made (which token holders will be advised). High conviction buys will generally be a longer term opportunity that we forecast significant +1000% growth. This means a different risk and holding strategy. The short term component employs a more active approach.
I hope this answers some of your questions - if it hasn't just let me know