The only thing I do not quite understand why such a small hardcap? This amount is enough for the construction of the plant?
Hello. For the main stage of the token sale SOFTCAP is 100,000 ETH. According to preliminary estimates, is approximately 40 million euros, of which 4-7 million will be spent on buying industrial premises. At least 33 ml. of euros needed for the purchase of equipment, materials, selection and training of personnel, creation and launch of the platform, as well as legal aspects.
this is good project for tech future, but they soft cap is huge, i hope they find some investor to support this project.
I think 100,000 ETH must be HARD CAP, not SOFTCAP. 100,000 ETH is huge for softcap
Hello. As we have previously said, the minimum amount needed to start the process is 40 million euros. But with the rapid growth of the cryptocurrency in price, we may consider its position with regards to the SOFT CAP.
what will happen if this project dont reach softcap?
Hello. The main goal of the project is the opening of the plant. In the event that during the main phase of the token sale will not reached SOFT CAP, then we turn to the major investors who had previously offered cooperation.
Will be buyback of tokens or the conversion into the corporation’s shares at the request of the investors. It's all spelled out in Whitepaper
Yes, that's right. The opening of the plant and the start-up of decentralized platforms is the main goal of the project.
you have all the hope !
This is good project, but the soft cap is high, hope they will get some investor to support this project.
Do you have specific suggestions?