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Topic: [ANN][ICO][HOT]🌿🔥FABA Token - break through in venture capital market🔥🌿 - page 24. (Read 28519 times)

copper member
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet

Thank you FABA team, i got my airdrop tokens today!

I got faba tokens too,but somehow i got it 2 times,but with different contact address.Anyone knows whats that about?

The first token you received is no longer valid due to the smart contract bug that affected a lot of erc20 tokens last week. So we have successfully built a new smart contract which is now our one and only smart contract.

About this new smart contract,is it audited by a independent company?



Yes. We made sure it was audited to avoid future occurrence.
newbie
Activity: 21
Merit: 0
Faba is interesting approach to using blockchain for traditional way of investing like VC'S are. What kind of companies and which sectors are you singling out as the most profitable ones and with the most potential?

Our target areas are projects that promote human and environmental well being. More specifically, we are targeting Foodtech, biotech, blockchain tech, and education companies/startups, etc.

Can you give the example of real world company that would interest you as a VC fund to invest in based on those parameters you are willing to promote and follow?

Watch out for some of our articles that will be published within this week!

It is good to hear that you are increasing activity.Are you working with any marketing agency that is helping you with that part?
sr. member
Activity: 1955
Merit: 381
English<->Pt-BR - Professional Translations(90+)
faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  Wink

That might be true,as price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after end of ICO.

A dollar is a reasonable value for most investors. It is necessary that this price be maintained, lately the ICO's with tokens prices for $ 1 have devalued, causing significant losses for the buyers. If the project delivers what it promises it will be successful.
jr. member
Activity: 64
Merit: 1
faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  Wink

That might be true,as the price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after the end of ICO.

The team seems to be very good and they have very good experience in this sector but one thing we have to consider is what are the different market are they going to invest the amount what they raised through the crowd sales.

Based on the whitepaper,they will focus on India,Czech Republic and United States,atleast at the beginning.It will be up to the token holders  in which companies FABA will invest.

All token holders will have the right to vote for this decision or some specific amnunt of tokens will be needed to have those rights?


It was confirmed earlier that certain amout fo tokens will be needed in order to have voting rights.I think that is good decision,otherwrise it would be too chatoci if anyone would be able to vote,no matter how many FABA tokens they own.
newbie
Activity: 118
Merit: 0
faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  Wink

That might be true,as the price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after the end of ICO.

The team seems to be very good and they have very good experience in this sector but one thing we have to consider is what are the different market are they going to invest the amount what they raised through the crowd sales.

Based on the whitepaper,they will focus on India,Czech Republic and United States,atleast at the beginning.It will be up to the token holders  in which companies FABA will invest.

All token holders will have the right to vote for this decision or some specific amnunt of tokens will be needed to have those rights?
member
Activity: 420
Merit: 11
faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  Wink

That might be true,as the price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after the end of ICO.

The team seems to be very good and they have very good experience in this sector but one thing we have to consider is what are the different market are they going to invest the amount what they raised through the crowd sales.

Based on the whitepaper,they will focus on India,Czech Republic and United States,atleast at the beginning.It will be up to the token holders  in which companies FABA will invest.
newbie
Activity: 153
Merit: 0
faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  Wink

That might be true,as price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after end of ICO.
FABA's total supply is only 303,205, and the price for 1 FABA = $ 1, I think is very cheap, this project seems to have the potential to generate profits

To be honest,ICO token price doesnt matter at all.As its anyway about total supply that is available for sale.You can have low token price but huge supply,or the other way around like in faba case.
member
Activity: 185
Merit: 10
Harmony for One and All
faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  Wink

That might be true,as price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after end of ICO.
FABA's total supply is only 303,205, and the price for 1 FABA = $ 1, I think is very cheap, this project seems to have the potential to generate profits
sr. member
Activity: 1554
Merit: 255
payMe - P2E
Can you provide us also the actual amount of how much you raised from your ICO stages?



Also, your ICO is very long. I wonder if you can really get enough investors on board.
If you invest this year in this project, it's like you can't see your roi for a year.
Given the fact that your token is relatively expensive as compared to others.



We raised USD 2 576 573 in private sale in FIAT. We continualy invest in promising companies even during the ICO (the portfolio top companies are mentioned on our website) therefore we can afford the longer raising period considering the hardcap of USD 67 m.
You have a big enough plan and a very large fund acquisition plan, do you have superior features that you can offer in the future
sr. member
Activity: 1540
Merit: 255
faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  Wink

That might be true,as the price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after the end of ICO.

The team seems to be very good and they have very good experience in this sector but one thing we have to consider is what are the different market are they going to invest the amount what they raised through the crowd sales.
jr. member
Activity: 248
Merit: 1
We are happy to announce our latest partnership deal with ICE Firm. ICE is an end-to-end solutions provider for blockchain companies and startups. ICE will be in charge of our KYC verification process.

To find out more, check out our announcement on steemit:
https://steemit.com/fabainvest/@fabainvest/faba-partners-with-ice

How come you decided to outsource KYC to another company,whats the reasoning behind it?

Congrats on new partnership btw Cheesy

The reason is simple. We want to make sure we get everything right. We decided to outsource the KYC process to an expert company, while we focus on what we are good at.

By the way, we will be announcing a couple of projects we have successfully funded. Trust me, you will like it.

It makes sense, shows that you don't want to waste time on things that are basicaly just tasks that need to be done, simple but time and manpower consuming.

Looking forward to announcement as that topic interests me the most.Companies that are investment worthy.
jr. member
Activity: 64
Merit: 1

Thank you FABA team, i got my airdrop tokens today!

I got faba tokens too,but somehow i got it 2 times,but with different contact address.Anyone knows whats that about?

The first token you received is no longer valid due to the smart contract bug that affected a lot of erc20 tokens last week. So we have successfully built a new smart contract which is now our one and only smart contract.

About this new smart contract,is it audited by a independent company?

member
Activity: 253
Merit: 10
Erotic Industry on the Blockchain! RachelX
faba token is very the best project. the whitepapper from this project is very consitent. the price per token is very high . think this project will success good luck sir  Wink

That might be true,as price is $1 per token,but then again total supply is not huge either and all unsold tokens will be burnt.So no worries that will affect value after end of ICO.
copper member
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet
Faba is interesting approach to using blockchain for traditional way of investing like VC'S are. What kind of companies and which sectors are you singling out as the most profitable ones and with the most potential?

Our target areas are projects that promote human and environmental well being. More specifically, we are targeting Foodtech, biotech, blockchain tech, and education companies/startups, etc.

Can you give the example of real world company that would interest you as a VC fund to invest in based on those parameters you are willing to promote and follow?

Watch out for some of our articles that will be published within this week!
copper member
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet
How you plan to spend raised funds,what will be your priority after end of sale?

It will be invested in various companies I presume, like it is intended.

I'm sure some will be allocated for marketing, development legal team. That's what I meant,i wanted to know if some specific amount is set.

Yes of course! We have some amount reserved for the various business areas - Legal, marketing, etc

How much funds have been allocated for marketing?


We have reserved the Faba tokens for the following:

Tokens available for ICO 79.5M. The following values from the ICO sales are served for the following:
Investing to startups: 60.95M
Operations: 4M
Bonus ICO token: 10M
Affiliate program 10%: 2M
Software development: 0.55M
Marketing: 2M

This part about affiliate program, is that for bounty and similar things or something else?

The affiliate programme is for referrals. If you referrer an investor, you earn 10% of whatever the investor contribute to the faba sales.

Our bounty tokens are also captured in the 10m bonus tokens.
copper member
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet
We are happy to announce our latest partnership deal with ICE Firm. ICE is an end-to-end solutions provider for blockchain companies and startups. ICE will be in charge of our KYC verification process.

To find out more, check out our announcement on steemit:
https://steemit.com/fabainvest/@fabainvest/faba-partners-with-ice

How come you decided to outsource KYC to another company,whats the reasoning behind it?

Congrats on new partnership btw Cheesy

The reason is simple. We want to make sure we get everything right. We decided to outsource the KYC process to an expert company, while we focus on what we are good at.

By the way, we will be announcing a couple of projects we have successfully funded. Trust me, you will like it.
copper member
Activity: 238
Merit: 0
Lead - world's simplest and secure crypto wallet
Dear Faba Community, we are happy to announce the deployment of our new smart contract. This became necessary due to major a bug on the ethereum blockchain that affected a number of ERC20 tokens, ours included.

Read our latest blog post to learn more: https://steemit.com/new/@fabainvest/new-smart-contract-deployed

Don't forget to resteem it. Cheers Smiley
newbie
Activity: 39
Merit: 0
Thank you FABA team, i got my airdrop tokens today!

I got faba tokens too,but somehow i got it 2 times,but with different contact address.Anyone knows whats that about?

The first token you received is no longer valid due to the smart contract bug that affected a lot of erc20 tokens last week. So we have successfully built a new smart contract which is now our one and only smart contract.

I see,thank you for the explanation.I was kinda confused,at first i thought its some copy of FABA tokens,as that happens sometimes.
newbie
Activity: 95
Merit: 0
How you plan to spend raised funds,what will be your priority after end of sale?

It will be invested in various companies I presume, like it is intended.

I'm sure some will be allocated for marketing, development legal team. That's what I meant,i wanted to know if some specific amount is set.

Yes of course! We have some amount reserved for the various business areas - Legal, marketing, etc

How much funds have been allocated for marketing?


We have reserved the Faba tokens for the following:

Tokens available for ICO 79.5M. The following values from the ICO sales are served for the following:
Investing to startups: 60.95M
Operations: 4M
Bonus ICO token: 10M
Affiliate program 10%: 2M
Software development: 0.55M
Marketing: 2M

This part about affiliate program, is that for bounty and similar things or something else?
newbie
Activity: 21
Merit: 0
We are happy to announce our latest partnership deal with ICE Firm. ICE is an end-to-end solutions provider for blockchain companies and startups. ICE will be in charge of our KYC verification process.

To find out more, check out our announcement on steemit:
https://steemit.com/fabainvest/@fabainvest/faba-partners-with-ice

How come you decided to outsource KYC to another company,whats the reasoning behind it?

Congrats on new partnership btw Cheesy
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