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Topic: [ANN][ICO] Blokbiz - Safe Crypto investments, controlled project! - page 8. (Read 7125 times)

newbie
Activity: 53
Merit: 0
have you MVP or something like this?
jr. member
Activity: 157
Merit: 1
What's your solution to ensure the funds return to the investors? Say, if a team completes a few stages from the roadmap, but then stops the development and a product is never released. So the team still received some funds, but the investors didn't get the result.

Thank you for your question!

Let me give you an example how it should work out. Let's say a company needs $20.000.000 to develop a project. Imagine that we split the stages into 5 parts. We will provide the funds in rising amounts. For example
1. stage: $500.000
2. Stage: $3.000.000
3. Stage: $4.000.000
4. Stage: $6.000.000
5. Stage: $6.500.000

They must show provable viability, they must appear on exchange sites and they must be at a certain progress in the project where they can start making profit from their activities at the end of the 2. stage. The other stages meant for the future stages of the road map. We won't accept project to appear on our site that have 10+ stages in the next 6 years and they will only start their actual activity when they receive all the money and until then they just 'developing' something that is not tested and not demanded. That's not how a project funding should work.

We've seen banks and other payment institutions developing their own software, buying equipment, licenses, assets, paying their employees and start the operation under $4 million. If that amount was more than sufficient for them, then a start-up company should definitely can start with a lesser amount. Asking for $50.000.000 or $100.000.000 for a project is ridiculous. Especially if they only start to operate once they received all the money.

We will start our demo site within a month. Stay tuned and let's make the ICO market safer together.

The BlokBiz Team
newbie
Activity: 141
Merit: 0
cool! that can be a better way
newbie
Activity: 45
Merit: 0
Is it a lot investors now?
member
Activity: 205
Merit: 10
What's your solution to ensure the funds return to the investors? Say, if a team completes a few stages from the roadmap, but then stops the development and a product is never released. So the team still received some funds, but the investors didn't get the result.
newbie
Activity: 28
Merit: 0
Actually, it's a trully win-win situation. A project will pay a small fee and get a serious help to portion the budget and make sure they are on schedule.
newbie
Activity: 156
Merit: 0
Interesting, really! When the platform launches, the demand will be great.
newbie
Activity: 97
Merit: 0
My collegue suggested the project to me, I guess it can grow in the future

It sure will! In general the first project in the field will get the most profits, and I don't see any competition for BlockBiz
newbie
Activity: 142
Merit: 0
What's the XBZ token function?
jr. member
Activity: 157
Merit: 1
You plan to make a new advertising campaign to attract the first clients on the platform?

Yes we will. Stay tuned for more detailed information.

BlokBiz Team
newbie
Activity: 111
Merit: 0
You plan to make a new advertising campaign to attract the first clients on the platform?
newbie
Activity: 156
Merit: 0
do you have a bounty?  Can't see the thread
jr. member
Activity: 157
Merit: 1
Dear All,

We've been a bit busy in the past few days but we are glad to announce that thanks to one of our investors we can finish the beta of the BlokBiz Platform way more earlier. In a month you will be able to use our platform! Get ready!  Smiley

The BlokBiz Team
jr. member
Activity: 157
Merit: 1
So who will pay the Blockbiz service fees? Only the ICO or the investors as well?

Thank you for your question!

The companies will pay 2% success fee from the successful token sale and the investors 1% from each investment. By owning our token XBZ will reduce the investors' transaction fees to 0.5%.

The BlokBiz Team
newbie
Activity: 173
Merit: 0
What's the token price now? The bonus is on?
newbie
Activity: 114
Merit: 0
Good to see that people are making improvements in the ICO industry Wink
And it's better to start the changes now while the industry is relatively young and develops fast.
newbie
Activity: 45
Merit: 0
So who will pay the Blockbiz service fees? Only the ICO or the investors as well?
newbie
Activity: 122
Merit: 0
Hi! How is the tokensale going?
jr. member
Activity: 92
Merit: 2
For how long a project manager will work with an ICO?
Strange question.
Sure that they will long until the project is launched and the roadmap complete
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