All Starta Token investors
Im a investor if i buy some from market too, so how it will work?
Im a investor if i buy some from market too, so how it will work?
I am not an ico investor and bought some cheap coins with 30% less ico price, Do I too get the privilege of earning some tokens from starta portfolio companies?
All Starta coins holders will receive tokens from the ico in which Starta participates that is what they communicated.
The profits will be distributed when the investee companies are sold. No fixed date depends on the market, 3 or 4 years on average in VC.
Does that mean we would need to hold 3-4years to earn those coins? If starta follows VC method, then I guess it is not worth to be in this project.3-4 years time is a very long-term in crypto world.
Will it really take 3-4 years for starta to provide the portfolio token distribution to investors? Come on, this looks to be some kind of fud or incomplete information being passed over this forum.Would be expecting someone from the team, do respond to this query and make things clear.
It has been disclosed that the tokens received from the CND sale have to be held one year before they are able to arrange a sell to a secondary buyer per agreement with CND in regards to the vesting period. It will probably be a similar timeframe for other tokens that STA receives. So expect one year from ICO dates of those companies in STA portfolio to sell and have cross coin buy back STA on the open market.
This only covers the tokens received from the ICOs. These serve as a 'bonus' so to speak. STA, and crosscoin, still own a percentage of each of these companies too and will make exits further along. I think 3-4 years is a bit much in the crypto world, but we should expect at least 2 years for their exits from the companies that are successful in obtaining 10+ million valuations. It will be at this time that they receive funds to buy back STA on the open market as well.
There is little news from STA at the moment due to the fact there is little to discuss. VC companies like this just fire away at different companies that have potential and hope at least a few hit it big. They then sell their positions years later. That is how this game is played. Anyone buying the STA token should know this as well. We can look forward to buybacks on STA from the proceeds of any ICO coins that Starta Holdings owns within maybe a year, but any holders of STA need to be patient for the actual exits from the successful companies in the portfolio. These exits will take many years.
This is a long term play. Perhaps Starta Holdings even holds a few of these companies to a 50+ million valuation if they see a lot of momentum. Seeing as they own I think around 7% of these companies and cross coin owns 1/3 of the 7% (around 2-2.5%), if they sold their position in one of these companies at that valuation, that'd be 1+ million buy pressure on STA trading around a 2-3 million valuation currently. That buy pressure alone would catapult prices massively.
