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Topic: [ANN][ICO/IPO][PRE-SALE]FOLEUMio - GREEN Mining for the masses, Simplified - page 2. (Read 9634 times)

newbie
Activity: 21
Merit: 0
Hey! Which currency foleum accept?
Greetings. Foleum accept BTC, ETH, USD.
Thank you so much, i apprecciate it! One more questions, where i can find Folem team list?
You can find it in the Foleum White Paper here:
https://drive.google.com/file/d/1mgiSIE3ygC7LRb5nUut1SrHiN9tDJ8RG/view
Oh, thank you again, you are really help.
newbie
Activity: 16
Merit: 0
Hi. Is this possible to get annual distribution from mining reserve fund?
Hi! Considering the reserve fund will need time to establish itself, the profit sharing will commence on the following schedule: once the
Project Mining reserve fund is operational and realizes profits, the FOL crystal holders will receive an annual distribution
And how it will be calculated?

Annual distribution will be equal to the interest calculated per annum on the value of the Project Mining reserve fund
I see. I would like to know, how exact this process will going?
newbie
Activity: 180
Merit: 0
Hey everyone. I want to ask a knowledgeable people, about FOL Foleum Mining crystals
Hey. What exactly you want to know? I'll answer as much, as possible.
newbie
Activity: 180
Merit: 0
Greetings guys. Is there will be Charity fund or something?
Greetings. Yes, there will be Charity Staking Fund - according the White Paper.
newbie
Activity: 180
Merit: 0
Hey! Which currency foleum accept?
Greetings. Foleum accept BTC, ETH, USD.
Thank you so much, i apprecciate it! One more questions, where i can find Folem team list?
You can find it in the Foleum White Paper here:
https://drive.google.com/file/d/1mgiSIE3ygC7LRb5nUut1SrHiN9tDJ8RG/view
newbie
Activity: 180
Merit: 0
Hi. Is this possible to get annual distribution from mining reserve fund?
Hi! Considering the reserve fund will need time to establish itself, the profit sharing will commence on the following schedule: once the
Project Mining reserve fund is operational and realizes profits, the FOL crystal holders will receive an annual distribution
And how it will be calculated?

Annual distribution will be equal to the interest calculated per annum on the value of the Project Mining reserve fund
newbie
Activity: 21
Merit: 0
Hey! Which currency foleum accept?
Greetings. Foleum accept BTC, ETH, USD.
Thank you so much, i apprecciate it! One more questions, where i can find Folem team list?
newbie
Activity: 16
Merit: 0
Hi. Is this possible to get annual distribution from mining reserve fund?
Hi! Considering the reserve fund will need time to establish itself, the profit sharing will commence on the following schedule: once the
Project Mining reserve fund is operational and realizes profits, the FOL crystal holders will receive an annual distribution
And how it will be calculated?
newbie
Activity: 180
Merit: 0
Hey! Which currency foleum accept?
Greetings. Foleum accept BTC, ETH, USD.
newbie
Activity: 180
Merit: 0
Hi. Is this possible to get annual distribution from mining reserve fund?
Hi! Considering the reserve fund will need time to establish itself, the profit sharing will commence on the following schedule: once the
Project Mining reserve fund is operational and realizes profits, the FOL crystal holders will receive an annual distribution
newbie
Activity: 21
Merit: 0
Hey! Which currency foleum accept?
newbie
Activity: 16
Merit: 0
Hi. Is this possible to get annual distribution from mining reserve fund?
newbie
Activity: 266
Merit: 0
Hello guys. Where are Foleum located?
Hello! Foleum located in USA.
brand new
Activity: 0
Merit: 0
Hey guys. When ICO was started?
newbie
Activity: 266
Merit: 0
Greetings everyone. What's about mining reserve fund, do foleum has it?
Yes. Foleum do have a mining reserve fund.
How much in total will be allocated for it?
1% of the Foleum mining crystals (FOL) and 1% of the ICO (Initial Crystal Offering) will be allocated to the Project Mining
reserve fund. In addition, the Project will also allocate 1% of the Project’s hardware processing power to speculation
mining.
What dev's plan to do with profit earned from the hardware performing speculation mining?
The profit earned from the hardware performing speculation mining and profit-sharing proceeds of the Project
Mining reserve fund will be used to build a diverse portfolio of Proof-Of-Work and Proof-Of-Stake tokens.
newbie
Activity: 266
Merit: 0
Hey guys. When ICO was started?
ICO/Token Sale was started  02 Jul 2018
How much will be allocated for ICO token supply in total?

There will be 110,000,000 ICO token supply   in total.

I would like to know, how will the distribution go?
They will go like this:

5% - Pre-Sale
9% - Early Adopter Stage 1
13% - Early Adopter Stage 2
16% - Early Adopter Stage 3
17% - Public Sale Lot 1
20% - Public Sale Lot 2
10% - Founding team
Is there will be distributions for marketing and charities?
Sure, there will be additional 3% for Marketing and 1% for Charity staking fund


What will be cost per unit during ICO stages?
here is prices:
Early Adopter Stage 1 - $0.20
Early Adopter Stage 2 - $0.25
Early Adopter Stage 3 - $0.30
Public Sale Lot 1 - $0.40
Public Sale Lot 2 - $0.50
newbie
Activity: 266
Merit: 0
Greetings guys. I'm absolutely love Foleum ideas!
I want to ask, did Foleum has a Project Reserve?
Greetings. Yes, Foleum has a Project Reserve.
I see. And how much they will allocate for it?
So, 4% of the FOL crystals will be allocated to the Project reserve.
And for what Foleum will use it?
The profit-sharing proceeds from 2% of the reserve FOL crystals
will be used by Foleum to buy back FOL from Crystal holders.
Huh, okay. What Foleum intend to do with these repurchased crystals.
As Foleum team themself said and according the white paper:
"The repurchased crystals will then be burned"
And what a maximum amount of crystals that can be burned?
They can be burned up to a maximum amount of 20% of the initial supply of 300,000,000 crystals.
I see. What about remaining 2% of Foleum Crystals?
The profit-sharing proceeds from the remaining
2% of the reserve FOL crystals will also be used to buy back FOL but the repurchased FOL will not be burned and will
instead be added to the Project reserve.
Maybe you know, Foleum plan to hire new members in the future?
That's, actually, possible. Following the buyback, Foleum may use Crystals from the Project reserve to
help attract qualified team members as the project grows and as a reserve for decentralized exchanges.
brand new
Activity: 0
Merit: 0
Hi everybody. Is that truth, that  foleum intend to give classes about blockchain mining for people?
Yes, that is true.
Oh, so they decides to help the common people, that's cool!
Yeap. As Foleum themselves said "We know how difficult it can be to get into cryptocurrency and build your first rig, so the Foleum Project, once
operational will be offering classes"
And when they are will happen? what is the schedule of them?
newbie
Activity: 65
Merit: 0
Greetings everyone. What's about mining reserve fund, do foleum has it?
Yes. Foleum do have a mining reserve fund.
How much in total will be allocated for it?
1% of the Foleum mining crystals (FOL) and 1% of the ICO (Initial Crystal Offering) will be allocated to the Project Mining
reserve fund. In addition, the Project will also allocate 1% of the Project’s hardware processing power to speculation
mining.
What dev's plan to do with profit earned from the hardware performing speculation mining?
newbie
Activity: 16
Merit: 0
Greetings guys. I'm absolutely love Foleum ideas!
I want to ask, did Foleum has a Project Reserve?
Greetings. Yes, Foleum has a Project Reserve.
I see. And how much they will allocate for it?
So, 4% of the FOL crystals will be allocated to the Project reserve.
And for what Foleum will use it?
The profit-sharing proceeds from 2% of the reserve FOL crystals
will be used by Foleum to buy back FOL from Crystal holders.
Huh, okay. What Foleum intend to do with these repurchased crystals.
As Foleum team themself said and according the white paper:
"The repurchased crystals will then be burned"
And what a maximum amount of crystals that can be burned?
They can be burned up to a maximum amount of 20% of the initial supply of 300,000,000 crystals.
I see. What about remaining 2% of Foleum Crystals?
The profit-sharing proceeds from the remaining
2% of the reserve FOL crystals will also be used to buy back FOL but the repurchased FOL will not be burned and will
instead be added to the Project reserve.
Maybe you know, Foleum plan to hire new members in the future?
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