[ANN] [Token] FarmaTrust TDE reached Hardcap - page 17.

kotwica666

legendary

Activity: 2282

Merit: 1035

I just start supporting this project - good luck.

Even if management is old fashioned, it should be clear like for elementary school student, that from 10k ETH worth $4M now they expect 10k ETH worth $12M.
I don't know who is responsible for realization of this project, but if the price of ETH increases more, in a moment the softcap may be $20M or more, and then there may be an even bigger problem.

Ps. It is very likely that the price of ETH will increase significantly. Just my 2 satoshi.. Wink

forLexx

member

Activity: 210

Merit: 10

This project is awesome, Good Luck

whoeier

full member

Activity: 532

Merit: 101

Quote from: longyenthanh on January 10, 2018, 02:36:06 AM

Quote from: whoeier on January 09, 2018, 05:02:33 AM

Quote from: Zelan on January 08, 2018, 10:44:17 PM

I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.

If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:

1. Pre-sale: 4,348.00002174 ETH
2. Main sale: 57,973.3332971 ETH

TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.

My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?

Edit: Spelling.

We are discussing a dollar hard cap, since the prices are fixed on ETH for our token ( we fixed the prices before the sudden explosion of ETH ). I can't open up further on this, but I'm fighting to get the cap brought down.

Such a large increase in ETH price blurred the picture of market cap in many ICOs.

The project looks very interesting, but in meantime ETH price increase 3-4 times. In this situation realizeation of softcap at level of 10,000 ETH can be very difficult.

I will wait until the 15th of January, for publication of the private sale results and hopefully adjust project cap to the prices in dollars.

Hi,

We understand your position, but as a part of the management is from the old fashioned, it takes time to get a decision on this.

longyenthanh

sr. member

Activity: 1221

Merit: 250

Quote from: whoeier on January 09, 2018, 05:02:33 AM

Quote from: Zelan on January 08, 2018, 10:44:17 PM

I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.

If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:

1. Pre-sale: 4,348.00002174 ETH
2. Main sale: 57,973.3332971 ETH

TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.

My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?

Edit: Spelling.

We are discussing a dollar hard cap, since the prices are fixed on ETH for our token ( we fixed the prices before the sudden explosion of ETH ). I can't open up further on this, but I'm fighting to get the cap brought down.

Such a large increase in ETH price blurred the picture of market cap in many ICOs.

The project looks very interesting, but in meantime ETH price increase 3-4 times. In this situation realizeation of softcap at level of 10,000 ETH can be very difficult.

I will wait until the 15th of January, for publication of the private sale results and hopefully adjust project cap to the prices in dollars.

rouse1

newbie

Activity: 2

Merit: 0

Quote from: rangnatht on December 12, 2017, 07:23:29 PM

Campaign is going very smoothly and this project is very unique and looks very promising.. Helping the whole world, saving life that's really great.. I think it's need everyone.. Success for farma trust.. Keep eyes on it..

I love the idea of this initiative, saving people is a great generosity, I hope that everything goes as planned, I hope it is very useful for the community and for the whole world.

itranslate

jr. member

Activity: 112

Merit: 2

I believe that blockchaine can really make changes in pharma industry. There are several ICOs in that field. Will see which become succsessful.

whoeier

full member

Activity: 532

Merit: 101

Quote from: Zelan on January 08, 2018, 10:44:17 PM

I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.

If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:

1. Pre-sale: 4,348.00002174 ETH
2. Main sale: 57,973.3332971 ETH

TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.

My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?

Edit: Spelling.

We are discussing a dollar hard cap, since the prices are fixed on ETH for our token ( we fixed the prices before the sudden explosion of ETH ). I can't open up further on this, but I'm fighting to get the cap brought down.

gudman

jr. member

Activity: 78

Merit: 1

P=NP

Very excited for this project! Good luck

rickn

member

Activity: 406

Merit: 10

How much Pre Sale already raised?

Zelan

newbie

Activity: 3

Merit: 0

I like the project, but I'm concerned that the recent rise in value of ETH will give it an unrealistically large market cap straight after ICO.

If all pre-sale tokens sell and then all remaining tokens sell in main sale, the result from sale of 600 millions tokens will be:

1. Pre-sale: 4,348.00002174 ETH
2. Main sale: 57,973.3332971 ETH

TOTAL: 62,321.33331884 ETH (at $1,208.99) = $75,345,868.77. That is already quite large for the current climate, but keep in mind it's only 60% of the tokens, so actual market cap is higher. Additionally, if the price of ETH increases between now and main sale the market cap will also increase.

My question: Is there any intention to put a dollar cap on the ICO, or will it simply be left with the ETH cap?

Edit: Spelling.

btccrusher

member

Activity: 742

Merit: 12

It seems the project is going to get the biggest success. I can see their social profile with a huge crowd in a short time period. In fact, I have learned about this new crypto from a few tweets. I wonder if I could become a loyal member of this project. Good luck.

whoeier

full member

Activity: 532

Merit: 101

Quote from: Social Liberal on January 08, 2018, 11:41:10 AM

Hi Farmatrust team, interesting looking ICO. However the amount of the advisors and some of their names scares me off.

Can you please explain why you need so many advisors and what will their different roles be (other than enjoying a piece of the cake)?

The amount of advisors is partly cause of the market we're in, the pharmaceutical/healthcare market requires some specific knowledge, others like myself are listed there for specific functions ( eq. in my personal position, I do a part of the communication and function as soundsboard for the managementteam ). I know it looks like a big bunch, but we all really serve a purpose.

Social Liberal

newbie

Activity: 56

Merit: 0

Hi Farmatrust team, interesting looking ICO. However the amount of the advisors and some of their names scares me off.

Can you please explain why you need so many advisors and what will their different roles be (other than enjoying a piece of the cake)?

whoeier

full member

Activity: 532

Merit: 101

Quote from: Nathalie.89 on January 08, 2018, 06:28:07 AM

Very excited for this project! Good luck

Quote from: BeEvil on January 08, 2018, 08:09:29 AM

I think that your project has an excellent application of blockchain technology. Good luck with ICO!

thank you!

BeEvil

full member

Activity: 406

Merit: 131

I think that your project has an excellent application of blockchain technology. Good luck with ICO!

Nathalie.89

newbie

Activity: 1

Merit: 0

Very excited for this project! Good luck

whoeier

full member

Activity: 532

Merit: 101

Quote from: Decentralbox on January 07, 2018, 05:02:28 PM

Hello FarmaTrust,

we have listed you in our german ICO & Token Sale calendar:

ICO & Token Sale - Kalender

Good luck with the project
Decentralbox

Awesome! thank you for listing us

Decentralbox

newbie

Activity: 14

Merit: 0

Hello FarmaTrust,

we have listed you in our german ICO & Token Sale calendar:

ICO & Token Sale - Kalender

Good luck with the project
Decentralbox

whoeier

full member

Activity: 532

Merit: 101

Quote from: webling on January 07, 2018, 09:37:56 AM

Token pre-sale until when?

The pre-sale runs till 15th of Jan, so give or take a week to go

webling

newbie

Activity: 28

Merit: 0

Token pre-sale until when?

Topic: [ANN] [Token] FarmaTrust TDE reached Hardcap - page 17. (Read 6455 times)