How much would buying own planet cost in this project? Or are the planets going to be shared with other participants?
We didnt specify the price of the planets yet, but this will also depends on the size, but it wont be super expensive it should be affordable for everyone.
So, what will happen to the unsold tokens, will they be burned or frozen for some time period?
Burned, but lets hope this doesnt happen
We want everyone to get the same value so we dont have any Pre Investors/ico just one simple ICO. We made a huge cost already with having lawyers and we
are taking a risk with this, but we believe this will be great longterm and the most fair option.
It's a good thing to burn the unsold tokens if there will be any to ensure the transparency. I hope this situation doesn't arrive.
so any unsold tokens will be burned, hopefully it will not happen and they will all be sold (reach hard cap) so there will be no pre-ico and various stages of the ico but a single one with the same bonus from start to finish seems fair towards investors and perhaps the best fundraising strategy...
Perhaps the best or the worst
It's easier to sell to angel investors with a high bonus, but thats not our goal, we want to be straight forward and deliver as simple as that
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Yea the minimum cap is at least needed to make the product great, everything after will going fully in the ecosystem and adoption rate. Eventually i think investors get a good deal on both situations.
Reach minimum cap they own more %
Reach max. cap the ecosystem will get more promotion and probably a faster adoption.
But both ways we are going to make a awesome product that can grow for years.
A big hard cap is fine if it completely will be used for the tasks you mentioned. Promotion could be key in 2019.
Our funds will be used 100% for the project, we're going to be really open about our financial positions and keep the community updated.
The foundation funds will be also based on voting from the community.
Good to read that a very seniour member is answering on all the questions.
2019 will be the year that crypto goes very much up or goes totally down..
We are just in a bear cycle, blockchain technology is actually maturing a lot and although some stages might look depressing crypto is evolving with projects like Bakkt.
It's impossible to make predictions at short term (although im doing it since 2013), but long term crypto is going to perform really well. 2019 unpredictable but we get closer and closer to the next blockhalving!
