60 mln $ its not a small amount. You have some big parthnership, big investors already?
What will be with unsold tokens? You ll burn them?
They have a partnership with SK Planet, thats huge! They have a lot of stores in Asia!
Cant find anything in the whitepaper about the unsold tokens or at least I didnt find it
Very curious what they will do with the unsold tokens.
Yes it great to have these kind of partnerships even before the ICO has started!
To your other question. In the post above yours it's stated that unsold tokens will revert to the GAT Foundation
In icos, prefer unsold tokens to be burned after ico but it's not always the issue.
Is there any promise that remaining tokens will hold at least 2019, 2020 etc.?
I hope it will reach hard cap, and this question will burn itself
Unsold tokens from the ICO will revert to the GAT Foundation which is independent so I cannot say what their plans will be. However the main purpose of the GAT Foundation is to ensure that the GAT Market remains stable and that GAT Coins remain liquid within the GAT System so they continue to be the currency of the GAT Exchange. So its safe to assume they will not just dump the tokens and dilute the market!
I also hope we hit the hard cap and this question takes care of itself!
Nowadays a lot of retailers use some kind of benefits programs trough cards, coupons, etc. But i noticed that even thou the company is international and it has branches all over Europe, your loyalty card or coupons are useless outside of the country of issue. How will Gatcoin work around this?
You are right under a traditional rewards system you can't use, say your coffee rewards points from Germany in Hong Kong. In the GATCOIN System you would be able to work around this. Here is how. Say you are moving countries and want to make sure you don't lose all the value you have in your loyalty programs, the solution is take these tokens to the GAT Exchange and sell them there for GAT Coin. You can then use this GAT Coin to purchase merchant tokens for your destination country or even for an airline to help pay for your trip!
