so you will have the pre sale around august and the token sale by september, right? any info about how much is your cap during pre sale and the token sale? i cant find answers in the op ans in the website.
Hey, that is correct. Exact details about the Token Sale including max cap will be announced soon. Please subscribe to stay updated:
https://www.cryptowi.com/token-saleI can tell you though that there will be
NO MINIMUM cap since we have already developed the technology and this project is not in development stage. As for the
max cap, it will be well under 5 million dollars as stated on the website under the section titled "Why invest in WiC?" point number 2.
You can also check:
https://bitcointalksearch.org/topic/m.20353036 (Point 2)
Thanks!
so in short, whatever will be raised by the team at the end of the ico, will be considered as successful? since as you said there will be no soft cap right?
Yes that is correct. Whatever amount we raise, the Token Sale will be considered successful.
is that enough to fund whatever plan you desire to build for this project dev? as i think that the reason why you are creating ico is to make good
capital to gas up your project? hope what i understand will be correct at all any amount that will be raised out within the ico period will be
enough to fund the project.
Hey, that is a good question. And you are correct when you think that the reason for this Token Sale is to get capital to fund this project. The reason why there is no minimum requirement is:
1) We have already invested our own money and
developed a working product that is ready for launch.2) The
app itself can be monetized and can provide a regular source of income.
3) Why, the Token Sale then? Because we need the capital to
expedite marketing and further development of the project. If less amount is raised the project will be less marketed and slow to say. If we sell out on the other hand, we will speed up everything and will not need to wait for the app to generate revenue required in order for us to grow.
4) Also, the max cap will be
well under 5 million dollars because we do not need it for R&D related costs but for improving a developed product and marketing it on a global scale. The Token Sale amount will also be used to secure
strategic partnerships with travel agencies and convenience store and gas station chains in order to promote CryptoWi.If you have any further questions, feel free to ask them. Also, to stay up to date with all our announcements, please subscribe:
https://www.cryptowi.com/token-saleThanks!