How is everything going with the ico?
Did you reach soft cap? It started more than a month ago if i remember correctly.
Maybe the team could give us an updated total figure of the amount collected as of this moment. If I'm not mistaken, theyve secured a mutimillion dollar deal from a private investor! and that is a very good news to the project.
Wow, news travels fast. Lol. How the heck were you able to beat me to this announcement? Yes, it is true. We have the contract and all managing members agree to the terms. We decided to raise the bonus for this contributor by his request to 40%. I just wanted to let everyone know this. Our presale was set at 30% and has been over for three days now. When you get a whale on the line it's always wise to bend a little. Big block contributors are used to this kind of treatment. He is a long term holder too, which is great news. I wish I could say more but I have to respect the privacy of our contributor. The contract is signed and we execute tomorrow. I'll update tomorrow or the next day with the amount of tokens left for sale and the total amount raised so far!
Wow, these are great news.
I hope everything is solid and all the agreements had been made.
Waiting for that announcement
This is awesome, do you have enough funds now to fully make the project real?
Regarding the invester, will his tokens be locked for some time or will he be able to sell at will?
Hello everyone. Sorry for my extended absence. I had some personal issues involving a tragedy in my family. I am back now and everything is going great. Over the past 1.5 weeks since I've reported to the community I have met some amazing, influential people that have pledged to help bring the URAllowance initiative into the mainstream. Thanks to our partner David Drake, we had a powerhouse meeting with some of the smartest people I've ever met in this industry. We met with Reginald Ringgold of Blockvest and is considered one of the top crypto minds furthering blockchain into worldwide acceptance, Eric Anderson of Rockstar Games and Demon Saw and Promether. My personal friend and business partner Yogesh of CryptoXpress, Mike Sheppard of Blockvest Exchange and of course Mike Martin, President of URAllowance. This all happened when we took over the halls of the Mandalay Bay Resort and Casino during the ChainXchange conference here in Las Vegas. The things that were discussed during this meeting were so inspirational that I have no doubt in my mind that we are on the right path. Success at this point is imminent.
To answer the question I quoted here. no we don't have the funds in our possession. They are locked safely in escrow and will be released shortly. Traditional money, traditional rules. We have to respect his way of doing business. The good thing is is it's not an investor its a contributor that is buying tokens and no equity is being taken. Furthermore, this deal, although private is creating a domino effect as we were contacted by another private buyer that wants to negotiate a bonus percentage. As hard as it is for me to do private sales and not reveal the buyer, I have to also respect their privacy. However, it is written in the contract that I will reveal the details of the sale including the amounts purchased and the bonuses provided. That was our non negotiable clause. We vowed to keep our community up to date and we will not agree to any deals that require us to give a larger bonus than the community is aware of. So far, 40% bonus is the highest we've offered. 35% is the highest we've actually provided. The terms changed and the offered 40% was lowered. That good news because that means more tokens for you guys.
Once again, please accept my apologies for my short leave. It was unavoidable. I'm back now and I can't wait to share more with you as there are many events planned in the near future.
