Topic: [ANN] [Token] FarmaTrust TDE reached Hardcap - page 16. (Read 6455 times)

I am very happy that developer team adjust hardcap to fiat currency!
With so fast price fluctuations it is the best way to control ICO.

I have not found information about the softcap .. but I understand that the whole ICO has been adjusted to fiat currency?

The vision of FarmaTrust project will be a great help to our community. These problems on fake drugs are worst and need to give action immediately. I hope farma trust will succeed on eliminating them.

This is great. I will be following you closely.

Thank you for the kind words!

The importance and unconditional usefulness of your project is so obvious - that they can not even be discussed! In every possible way, I wish the FarmaTrustTeam success in raising funds and implementing the road map, and I'm looking forward to the main tokensale in order to participate in the investment.

If you can tell me which language you seek, I can deliver most on instant by mail, as our site is being in overhaul, not all are available there currently.
Feel free to mail me directly via middelbosj @ farmatrust. com

Good afternoon, the information contained In your white paper useful for every potential investor. I would like to clarify which languages we plan to translate and how soon?

Major news flash: http://mailchi.mp/41d5582a97d3/important-things-to-note-for-your-participation-in-the-farmatrust-pre-sale-77135

extract:

FarmaTrust Pre-Sale update! 

 
Hi everyone,
 
As FarmaTrust we do everything in place to stay transparent with all those that have shown interest in our project. To do so, we have decided to e-mail interesting facts, situation, changes and all we can think of that may be or may become important. As part of the newsflash we will also step into the discussion of the “high” hardcap that is set for FarmaTrust and how we as the management team look at it. There will also be some news about another team addition and an announcement of activities held on our central Telegram Channel.

Pre-sale is closing today at 23:59 UTC!
 
The pre-sale will close at 23:59 UTC today!  So far the Pre-Sale has matched our expectation, even while having a slower start then we anticipated on.
 
The team is currently negotiating with several companies and some of them have shown interest to invest into FarmaTrust.
 
We urge those that are interested to join the pre-sale, to follow the procedure and contact us via [email protected] , with the following details: an copy of your ID or driver license, your address of residence, the amount of ETH you wish to invest, your Ethereum address. Keep in mind that he are holding on to the minimum of 25 ETH during the pre-sale.
 
High scores on ICO rating sites and articles about FarmaTrust

Foundico rated FarmaTrust with a 8.7 out of 10
ICObench scored us with a 4.4 out of 5
Trackico scored us with a 4.6 out of 5
ICOexpert.biz gave us a 4.7 our of 5
ICOranker scored us with 80 out of 100
ICOholder scored us a 4.24 out of 5

Yahoo News has mentioned us 1 of 3 Startups using Blockchain to save lives!
TNW has listed us as a Tech to keep your eyes on!
HackerNoon has listed us as 1 of the 11 Startups to watch
The founder of ICO-Translate has used FarmaTrust as example in his article: Blockchain in Healthcare: Use Cases

Hardcap, what is the position of the team on this? Will the hardcap be lowered?

As our community managers have mentioned several times on the Telegram Channels and other channels, the team has had an extensive discussion about this subject.

In view of the market conditions and fluctuations in the Eth price, the team has decided to limit the amount to be raised on a fiat basis. The hard-cap will be capped to USD$45M. In the current design with an fixed amount of tokens per ETH, we have chosen not to adjust the amount of tokens, but to lock any tokens that will go unsold by this criteria.

Hence the following alternative solution for any unsold tokens will be put into place:

Any unsold tokens will be locked for a period of at least 3 years, with an annual release of 10% (of the initial value) to be offered via FarmaTrust. The tokens will be offered on a market rate +5% to prevent market value decrease. If the tokens are not bought at the offered price, they will return into the lock for another one year period, to await the next release of the 10%.

This design is currently used by Ripple and prevents an dilution of value and support our vision on the possibility to increase token supply by a market demand.

Management Tokens and Advisor Tokens

We've seen several questions arise about the lock on tokens, that are reserved for the management, advisors and other related persons. As in the whitepaper is stated, the tokens are locked for management, but we may have been unclear on those reserved for the Advisors. Tokens that are reserved for the Advisors, will have the same lock periods as the management, respectfully 50% locked for 6 months and 50% locked for 12 months.
 
FarmaTrust is expanding its team, with an extra advisor!

As FarmaTrust is increasing the intensity of activities towards the Main Token Sale (ICO), we are expanding the team. Desmond Marshall has joined FarmaTrust as an Advisor. Desmond Marshall is the Country Managing Director for The Floor in China and a Partner of Rouge Ventures, specialised in Venture Capital Investment Projects, Advisory in Financial Services and a corporate training partner. Rouge Ventures is also the founder of Pitchperfectevent.com, Asia’s top investor platform.

More information about Desmond Marshall can be found on:
http://desmondmarshall.weebly.com/
 
Activities on our central Telegram Channel

As the waiting time for the launch of the Main Token Sale is still several weeks away, the team will undertake some surprise activities as well as scheduled ones, to keep everyone on their toes! This could be a surprise raffle or a Quiz to keep everyone active, some will be announced days ahead, while others may go without announcement!
If you wish to join in on these events, please join our main Telegram Channel, via
https://t.me/farmatrust


The management team of FarmaTrust wishes to thank everyone that has shown their interest in our pre-sale and those that have joined.
 
With kind regards,
 
Raja Sharif
CEO of FarmaTrust

 The 10% reserve in the whitepaper is exactly that, it is an reserve, to pay for the use of advisors, this does not guarantee that the entire 10% will be allocated.

1bn maximum
max possible circulating is 900k, but as all unsold/unused tokens end up in long term locks, it is hard to say anything on this subject

Ah 1 more person to get rich as soon as he can sell his tokens on an exchange. 10% of all tokens ($75-125M market cap) going to the advisors for.. what actually?

Congratulations to the advisors & team, the true winners of this ICO

What is the maximum token supply?
What will be circulating token supply, after the ICO?

FarmaTrust with a rating 4.20 out of 5.0 on our ICO list
https://icoholder.com/en/ico/farmatrust-17183

The ICO and project team has been verified. We interviewed the team members.

Our rating is one of the most objective and rigorous, it is independent and created to assess the investment attractiveness. Rating checks your idea and project for vitality it is based on more than 70 different parameters. We are monitoring the ICOs on daily basis.

Sincerely, ICOholder

I honestly hope I can bring any news on this subject before the weekend.. stay tuned once I know anything IT will pop-up here

Is there going to be any further news before the weekend regarding the below, or has the decision been made not to implement a $ cap?

NEWS FLASH

As FarmaTrust is expanding its activity's we've attracted a new advisor to our team:

Desmond Marshall has joined the team of advisors

Desmond Marshall is the country (China / Hong Kong) Managing Director of The Floor (Top Global Fintech/Blockchain/Crypto/ICO/Trading/Insure/Bank/Investment) [theFloorhub.com]

Desmond is Partner of Rouge Ventures [Rougevc.com], an investment and strategic consulting firm in Asia, that serves numerous Fortune 500, governments, and new age companies from around the world in various industries, providing professional services on capital raising (IPO, ICO, fund raise) and strategic advisory services (ICO/IPO related).  


More information about Desmond Marshall can be found on the following locations:

Linkedin：https://www.linkedin.com/in/desmondmarshall
Facebook：https://www.facebook.com/desmond.marshall168
Wechat ID: mayingzhao001
Pitch Perfect + Angel Investors Forum www.pitchperfectevent.com
Facebook pages of Pitch Perfect www.facebook.com/pitchperfectevent


For more information about our campaign, please join Telegram

Yes that has been pointed out, even supported by the graphs, that Ethereum is holding strong, where all others are currently show signs of bleeding, or are even bleeding fully

I also understand their position. After all, it is possible that the price of ETH may fall, right? However, from the observation of the market it is impossible right now
Anyway, I'm sure that this project will defend himself and will win common sense and professionalism.

Thank you for your support!

Yes that is what has been pointed out to them, but changing anything during the pre-sale seems to scared for old-fashioned, as in the old-school it would show a lack of preparation, where in the crypto world it is key to stay in line with the prices

Do keep in touch if there are any changes to the ICO or milestones so we can update information.

Thanks!