As far as I know the total supply should be 160 million. I checked Etherscan and there are only about 5.3 million tokens. Where are the other tokens? Are they going to be generated?
it looks like the ones on the etherscan are sold tokens because the ones like us know that the total supply is 160 million tokens and in the etherscan there are only 5 million tokens, it looks like the total tokens will appear after the ICO is finished 
Topic: [ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿 - page 13. (Read 28505 times)
February 11, 2019, 10:49:53 PM
February 11, 2019, 05:38:16 PM
As far as I know the total supply should be 160 million. I checked Etherscan and there are only about 5.3 million tokens. Where are the other tokens? Are they going to be generated?
February 11, 2019, 04:59:20 PM
Im certain FABA team will keep majority of the tokens for themselves, thats the safest way for this idea to suceed as they are well experienced investors ,so they will work in best interest of the company.
February 11, 2019, 03:49:48 PM
I see that people are still confusing STO and ICO, but soon enough people will figure out that its not the same thing 
Yeah, it should be communicated to people that they do get the shares of Faba and voting right, like if they invest enough funds they own a part of the company unlike with utility tokens where you essentially do not own a thing.
It doesn't matter how little, or big your investment in Faba is, as long as you contribute to our STO, you are a shareholder of Faba Limited
Will shareholders have any extra privileges based on the amount of FABA tokens they own?
All Faba investors have equal rights and their right is also proportionate to the amount of Faba tokens they own.
Does that work same as stocks? If someone buys 51% of Faba he can become the owner?
It works like that but it is safe to asume that FABA team will always have majority of FABA tokens.That is probably for the best.
February 11, 2019, 01:33:55 PM
I see that people are still confusing STO and ICO, but soon enough people will figure out that its not the same thing
Yeah, it should be communicated to people that they do get the shares of Faba and voting right, like if they invest enough funds they own a part of the company unlike with utility tokens where you essentially do not own a thing.
It doesn't matter how little, or big your investment in Faba is, as long as you contribute to our STO, you are a shareholder of Faba Limited
Will shareholders have any extra privileges based on the amount of FABA tokens they own?
All Faba investors have equal rights and their right is also proportionate to the amount of Faba tokens they own.
Does that work same as stocks? If someone buys 51% of Faba he can become the owner?
That would be logical thing, but i would like to see some mechanism where noone can own that amount and control everything.
February 11, 2019, 11:24:16 AM
Hi FABA Invest Community!
I'm proud to announce that the BOUNTY THREAD, ANN THREAD and WHITEPAPER are now available in FILIPINO Language.
I'm proud to announce that the BOUNTY THREAD, ANN THREAD and WHITEPAPER are now available in FILIPINO Language.
Bounty Thread: https://bitcointalksearch.org/topic/2m-usd-fil-bounty-campaign-faba-break-through-in-venture-capital-market-5107861
ANN Thread: https://bitcointalksearch.org/topic/fil-annicohotfaba-token-break-through-in-venture-capital-market-5107545
Whitepaper: https://drive.google.com/file/d/1N7z-MTo9SDodrjtSUbsk4ktFmWkDMPsC/view?usp=sharing
Let's all support this Awesome Project! God bless us all.
For how long will Vanta bounty campaign go on, is it too late to join now?
February 11, 2019, 10:27:58 AM
I see that people are still confusing STO and ICO, but soon enough people will figure out that its not the same thing
Yeah, it should be communicated to people that they do get the shares of Faba and voting right, like if they invest enough funds they own a part of the company unlike with utility tokens where you essentially do not own a thing.
It doesn't matter how little, or big your investment in Faba is, as long as you contribute to our STO, you are a shareholder of Faba Limited
Will shareholders have any extra privileges based on the amount of FABA tokens they own?
All Faba investors have equal rights and their right is also proportionate to the amount of Faba tokens they own.
Does that work same as stocks? If someone buys 51% of Faba he can become the owner?
February 11, 2019, 08:42:03 AM
Did the second part of sale start already? How long does it take to go through KYC proces?
The second part of the sale will take effect from 1st of March 2019. KYC takes less than a week to process and verify.
You can also inquire more about KYC from our KYC partner firm: https://t.me/ice_firm.
What are you focused on at the moment during this break between two STO rounds?
We are currently networking with different firms for partnerships, and also accessing startups that meet our investment criteria.
Could you explain a bit more about what criteria does a startup need to meet to be potentially interesting for Faba to invest in it?
February 11, 2019, 08:37:10 AM
Hi FABA Invest Community!
I'm proud to announce that the BOUNTY THREAD, ANN THREAD and WHITEPAPER are now available in FILIPINO Language.
I'm proud to announce that the BOUNTY THREAD, ANN THREAD and WHITEPAPER are now available in FILIPINO Language.
Bounty Thread: https://bitcointalksearch.org/topic/2m-usd-fil-bounty-campaign-faba-break-through-in-venture-capital-market-5107861
ANN Thread: https://bitcointalksearch.org/topic/fil-annicohotfaba-token-break-through-in-venture-capital-market-5107545
Whitepaper: https://drive.google.com/file/d/1N7z-MTo9SDodrjtSUbsk4ktFmWkDMPsC/view?usp=sharing
Let's all support this Awesome Project! God bless us all.
Cool, thank oyu for supporting the FABA!
February 11, 2019, 06:05:48 AM
Hi FABA Invest Community!
I'm proud to announce that the BOUNTY THREAD, ANN THREAD and WHITEPAPER are now available in FILIPINO Language.
I'm proud to announce that the BOUNTY THREAD, ANN THREAD and WHITEPAPER are now available in FILIPINO Language.
Bounty Thread: https://bitcointalksearch.org/topic/2m-usd-fil-bounty-campaign-faba-break-through-in-venture-capital-market-5107861
ANN Thread: https://bitcointalksearch.org/topic/fil-annicohotfaba-token-break-through-in-venture-capital-market-5107545
Whitepaper: https://drive.google.com/file/d/1N7z-MTo9SDodrjtSUbsk4ktFmWkDMPsC/view?usp=sharing
Let's all support this Awesome Project! God bless us all.
February 11, 2019, 04:33:00 AM
I see that people are still confusing STO and ICO, but soon enough people will figure out that its not the same thing
Yeah, it should be communicated to people that they do get the shares of Faba and voting right, like if they invest enough funds they own a part of the company unlike with utility tokens where you essentially do not own a thing.
It doesn't matter how little, or big your investment in Faba is, as long as you contribute to our STO, you are a shareholder of Faba Limited
Will shareholders have any extra privileges based on the amount of FABA tokens they own?
All Faba investors have equal rights and their right is also proportionate to the amount of Faba tokens they own.
February 11, 2019, 04:27:01 AM
Did the second part of sale start already? How long does it take to go through KYC proces?
The second part of the sale will take effect from 1st of March 2019. KYC takes less than a week to process and verify.
You can also inquire more about KYC from our KYC partner firm: https://t.me/ice_firm.
What are you focused on at the moment during this break between two STO rounds?
We are currently networking with different firms for partnerships, and also accessing startups that meet our investment criteria.
February 11, 2019, 04:25:20 AM
It was so much easier to join first round of sale,$1300 is quite a lot of money for small investors.I hope minimum will go down,as i would like to buy more faba tokens.
Minimum won't go down, because Faba wants serious investors to invest and I think it is a good move.Better then to have a bunch of investors with 100 USD investments.
Remember this is not a utility token.
Reaching soft cap will attract more big investors,and all those positive news lately.
In case hard cap is not reached,what will happen to unsold tokens?Usually those are burn but since its security tokens is there any diferent approach because of that?
I would like to know that too? Will unsold tokens be burned or what will happen with them?
Yes! Unsold tokens will be burnt
check our whitepaper and website for more details.How many tokens is sold so far during 1st STO round? And also,do you plan any giveaways in the future,like another airdrop campaign?
All airdrop giveaway is done and concluded.
As for total tokens sold, that will be announced after the ICO sales
February 10, 2019, 05:02:53 PM
It was so much easier to join first round of sale,$1300 is quite a lot of money for small investors.I hope minimum will go down,as i would like to buy more faba tokens.
Minimum won't go down, because Faba wants serious investors to invest and I think it is a good move.Better then to have a bunch of investors with 100 USD investments.
Remember this is not a utility token.
Reaching soft cap will attract more big investors,and all those positive news lately.
In case hard cap is not reached,what will happen to unsold tokens?Usually those are burn but since its security tokens is there any diferent approach because of that?
I would like to know that too? Will unsold tokens be burned or what will happen with them?
Yes! Unsold tokens will be burnt
check our whitepaper and website for more details.How many tokens is sold so far during 1st STO round? And also,do you plan any giveaways in the future,like another airdrop campaign?
I'm curious to know the figures also. The number of tokens sold pretty much translates if they are successful in selling this project to the investors. Are they going to disclose the amount collected so far?
All we kow so far is that soft cap has been reached,i dont think that exact amount has been disclosed so far.Most important goal is reached so far,that means there wont be any delays with development.
As far as I know, they won't announce the money raised before end of the ICO. They have only announced reaching the soft cap to make the investors confident about the future of the project.
Yes i understand that exact amount is not revealed other than that figure is over soft cap,i was just curious on the amonut of tokens left for sale.
February 10, 2019, 04:29:14 PM
Best idea is to ask in their telegram group what they actually mean by that term,as it seems so far it has been guessing game 
February 10, 2019, 03:55:38 PM
Did the second part of sale start already? How long does it take to go through KYC proces?
The second part of the sale will take effect from 1st of March 2019. KYC takes less than a week to process and verify.
You can also inquire more about KYC from our KYC partner firm: https://t.me/ice_firm.
What are you focused on at the moment during this break between two STO rounds?
If you check the roadmap it says - Marketing Boost Startup Articles.
I'm not sure 100% what that actually is so I won't run my mouth
It would be nice if someone from the team explained a bit more about this activity. February 10, 2019, 03:51:13 PM
Did the second part of sale start already? How long does it take to go through KYC proces?
The second part of the sale will take effect from 1st of March 2019. KYC takes less than a week to process and verify.
You can also inquire more about KYC from our KYC partner firm: https://t.me/ice_firm.
How long does it take to go through KYC?I submitted my application this morning,can i expect it to be done in the next couple of days?
It says above that it is resolved within a week m8
I hoped it will be resolved in the matter or day or two, but i can wait for a week,if that means it will be done in quality and secure manner.I have to wait for 2nd sale round anyway.
February 10, 2019, 01:04:57 PM
Which currencies will be used to pay out the dividends to investors?
I think that it will be ETH used to pay out dividends, wouldn't mind if there was some others included too.
Shoudlnt dividends be paid out in FABA tokens?Is that possible?
That is actually good question,but for that to be possible AFABA teams should have huge amount of tokens and i doubt that is viable in long run.I personally wouldnt mind getting either ETH or BTC as dividend.
Is it actually knows what will be used for dividend payout,is that decided yet?Makes sense to be ETH as its ERC-20 token.
ETH is the currency that will be used to pay out the dividends, you can check it in WP.
Thanks for that,and it really makes sense to offer ETH and FABA as this is long term project,and there is no indefinite amount of faba tokens like its with ETH
We chose ETH as the default currency payout because we want our currency to grow with our platform rather than being subjected to only market speculation. However, in the future, we will enable the possibility of users cashing dividends in Faba tokens.
How often will these payouts happen? Is it going to be on the quarterly basis or maybe on the yearly? I'm not in the hurry btw, I'm just curious
That really depends on a lot of factors, tied to so many things.It is all bout exit strategy and quality of the company involved, kind of profit they pull, is the company in expansion and on and on. What I want to see is one example of the company that Faba team is going to offer as a voting option.
February 10, 2019, 01:00:15 PM
Did the second part of sale start already? How long does it take to go through KYC proces?
The second part of the sale will take effect from 1st of March 2019. KYC takes less than a week to process and verify.
You can also inquire more about KYC from our KYC partner firm: https://t.me/ice_firm.
How long does it take to go through KYC?I submitted my application this morning,can i expect it to be done in the next couple of days?
It says above that it is resolved within a week m8
February 10, 2019, 12:32:13 PM
I agree,many projects ICO phase is prolonged during this bad market, so when someone reaches soft cap potential investors are encouraged to invest as they know that there wont be any major extensions therefore their money wont be tied up too long.
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