To me, it's not that important that the white paper was not as well written as it could be. Your business fundamentals seem strong. I like that you're invested in the company and in building a business.
I worry a lot about ICOs of other companies that are just too slick - sure sign of scam.
Can you tell me if the funds raised counter on your website is updated? It sounded from the post earlier that you guys are getting local investors, and I don't know if those funds are reflected on your online counter.
Thank you for your feedback!
GFL indeed has the advantage to offer a solid business model. Some ICO's might have a higher ROI, but really the associated risk and stress involved in investing in such projects is no match and should be only approached by the highest risk investors and only with money you really can afford to lose. GFL is different.
For most people the best investment strategy would be a buy and hold. We at GFL want to offer a better alternative.
You invest in crypto, you get crypto back. That means you're not losing out on potential future gains of crypto compared to fiat currency. Over time your crypto holding increases. With buy and hold you have 1 ETH today and 1 ETH in 1 year. If ETH is $600 or $1,200 by then you made a good profit. However, with GFL you could have 2 ETH in 1 year. And that with a high level of safety. You're investing in actual tangible concrete and hardware. Not just an idea or a few lines of code that might or might not be worth something. Value increase is a given fact with GFL. Plus, the token can be exchanged any time back to any other crypto or fiat via exchanges. That gives GFL investors several advantages
• Increase of crypto holdings over time at a significant rate
• Safety of principal investment
• Principal investment can be taken out any time (if the token value increases, because more people start to realize the advantages of our model, then even the principal GFL holding increases in value compared to crypto)
• Improving a buy and hold strategy with giving a dividend
If buy and hold is one of the best investment strategies (and it really is), then investing in GFL and holding GFL is even better.
The online counter is indeed not linked to the smart contract, as most of our sales are being done locally in Georgia and through personal meetings. Considering the sales did not yet pick up significantly from the online crowd, we already sold a lot to people who met us in person. Why online sales did not yet pick up so much? Well, maybe most people don't see the advantages of investing with GFL, yet. GFL combines a buy and hold strategy with a constant increase at almost no risk (the mining rigs could burn down, but even then we're insured). All we can say: "Spread the word!"
Please everyone feel free to ask questions.