Dear Javi,
We did not have the ICO, as we realized the market is bad and decided to raise when the market recovers / when we think we are ready.
We have also notified all the ICO rating websites regarding this decision.I guess we have missed some.
After the decision, we went on to #buidl on our product and have made a huge breakthrough, especially with our software mining solution.
I think you will like what you see
what do you mean don't have an ICO? Will you run this project with your own funds or have partners / investor who will fund your project?We did not have the ICO, as we realized the market is bad and decided to raise when the market recovers / when we think we are ready.
We have also notified all the ICO rating websites regarding this decision.I guess we have missed some.
After the decision, we went on to #buidl on our product and have made a huge breakthrough, especially with our software mining solution.
I think you will like what you see
The market is sluggish but why this is used as an excuse not to do the ICO, each project will certainly think of existing funds and funds raised. If indeed this FST has more funds with a project without ICO, that means the FST and the team have the ability to develop FST coins independently. Is that so?
It should be because if they already have some funds they will not delay the progress of this project until all the coins are stable again. If the project is good then they won't be bothered by the chaotic price of the coin nowadays.
What are you guys going on about... It seems like they delayed the ICO for a few months and did some additional branding/awareness since the original planned date.
Pretty sure, any company when raising funds is going to try and get the maximum ammount for development.
After the crypto markets crashed like 70% and fundraising is getting a fraction of what it was earlier in the year.
A few month delay sounds like a pretty reasonable plan to see if a rebound in the markets will happen.
I also think that delaying the ICO can play well. Because investors in the low market are afraid to invest. And I think that there will be growth anyway and in the near future.
I wonder where this near future. Yes, investors are not very active in such a market, for obvious reasons. But we cannot know how long this may continue. I hope that the team will be able to find a more or less optimal time to start, soon.
If they postpone this project and start when Bitcoin prices rise again or stabilize, then it will be very unclear because if next year the price of Bitcoin goes back down maybe this project will be delayed again in the next few years. Just a picture
Yes, this can happen.
If they postpone, the team, ultimately, must choose a more or less favorable time to start. Because, one way or another, the general trend of the market is difficult to predict.
Perhaps they know better
Yeah very difficult to predict the market behavior in the next coming weeks or months, so better to make a decision on when best to start the sale, if the project is good and has great idea on what service to offer with solid team, investors will still invest regardless of when the sale was conducted.
because that month is very good for investing in crypto currencies
I am also inclined towards the 1Q of the next year. I hope that this time, in the new year, will become favorable for the whole cryptospace.
Q1 is a good start to start because in the beginning of the year something good will happen in my opinion about the crypto world. But that can't be confirmed. Maybe.
