Topic: Fundraising Foskaay Token Sale - Get 500% Returns Investing In This Project (Read 264 times)

I was never confused with your project.

I only had an concern with your usage of the word 'guarantee'. I can see that you have now removed it.

If you would like an example of a project not making sensationalist claims or 'guarantees' then please visit https://www.etheraffle.com/ico.

We offer - truly decentralised approach, a fully working use case, and a real investment opportunity for savvy investors who really understand the technology and it's possibilities.

Ok. Noted.

Regards!

We appreciate your understanding of the project and for the 500% returns it should not be confusing...see it re-explained below.

We fundraise to have enough cash to execute our roadmap as analysed in whitepaper from 950+install now to about 100,000 - 1,000,000 installs to be achieved within 6months after this fundraise done successfully.

Investor bought 1Foskaay = $0.20

We buy back at 1Foskaay = $1 with 20% buyback exchange fee

Lets assume an investor invested $1,000 which = 5,000Foskaay

Investor will have to hodl for 6 months while development and aggressive marketing for the platforms is been executed and if the investor is among first set of investors to fall within the first 8.34% of the total tokens to buyback for month1, then we buyback as follows.

We buyback at 1Foskaay = $1

Thus the investor get $5,000 - 20% buyback exchange fee the total withdrawable will be $4,000 .

What do we do with the 20% buybac exchange fee?
That is used to pay bounty, airdrops and bonuses on token purchased.
We did it that way because we are not like other tokens that investors fate is left to be determined by what new investors buying the token from existing ones via exchanges offers as buy order. That is also why we do not involve in extensive marketing, airdrop and bounty like others because every dime invested will be paid back at at when due.

Hope above explanation helps...nothing hidden, check whitepaper for full details

Regards

Hi

I want to reserve chinese translation.
PM me if I am accepted. Thank you!

The project looks really interesting, as there is a real target audience for the product. But the promises of 500% return look too optimistic

We are here to clarify things so you don't get confused.

You can not give a lender a collateral in form of tokens that is at zero value at the point of borrow from the lender. What if loan defaulted could such lender regain anything from zero worth of collateral token or whatever used? certainly No!

Thus, this is only for those that could test the project and are convinced enough that it has a brighter future in the crypto world because no profession or language that is widely active across different countries of the world without its own dictionary and that is what we are determined and already building for the crypto world.

PLEASE, YOU DON'T NEED TO BELIEVE THIS BUT KEEP THIS POST LINK SOMEWHERE BECAUSE ONE DAY SOON MyCryptoDictionary WILL BECOME MOST USED AND PREFERRED DICTIONARY APP BY CRYPTO COMMUNITY ON ANDROID, IOS, WEB AND PC. WHO BELIEVE OR SUPPORT NOW DOES NOT MATTER, THE PROJECT HAS STARTED FEW MONTHS BACK AND WILL CONTINUE TO SUCCEED.

IT IS CURRENTLY THE NO1 CRYPTO DICTIONARY IN ANDROID PLAYSTORE - Anyone can confirm just by searching for the keywords "Crypto Dictionary" "Cryptocurrency Dictionary", download all the available one (just about 4 in total now) and then used all the Apps including ours and comment your best pick under this thread.

In conclusion we do not plan to build another worthless token and claim its same with Bitcoin, Eth etc. and then leave our investors in cold water to compete with exchange price fluctuation etc which most token don't eventually hit ICO price even in 6months talk of giving profit to investors. We simply buy back the token at the fixed price from investor. We hide nothing and its clearly written in our whitepaper that this is not tradable token on exchanges except via our buyback plan well outlined

If you are familiar with how websites, blog and App owners makes money via ads. Then, you can forsee what an App with about 100,000-1,000,000 installs will be earning from ads monthly (sponsored posts,push notifications,CPM/CPC etc.) in this crypto community legitimately. I will not mention names but DYOR what top crypto website and blogs makes daily from adverts legitimately.

Regards!

Not so (not a 'shut up and send me your money  scheme"), DYOR research to check the project this fund raised is to be used for. Then if not convinced as said you are free to ignore and move on. The fact is that MyCryptoDictionary App has been helping Newbiew across the world already and gets about 10 installs daily since launched on playstore. You can check it out at https://play.google.com/store/apps/details?id=com.mycryptodictionary.mycdapp currently has 950+ installs. You may then download and use the App to understand the project better.

Regards!

if it seems too good to be true=it is
this seems like just the latest version of a 'shut up and send me your money  scheme"
Very few tokens and or coins last over a few months and this to promise 500% is like selling pipe dreams!
do you own due diligent and be careful what you invest in people

I just get confused, as I read your answer on how you can assure investor to have an ROI of 500% in 6-12 months time frame, won't this just be like loaning to a group of people (investors???) 100k USD and giving them your token as collateral? This is how I visualized the scenario would be.

We have a limited hardcap of $100k for the token sale and it would not be raised because it was carefully estimated to make sure we are able to buy back all tokens from investors within the given time as clearly stated and outlined in our whitepaper.

Also another thing of note is that we will have 6months compulsory Hodl period to have us develop new versions of MyCryptoDictionary for Android/iOS&Web, then integrate the token as means of ads payment and same for Foskaay forum with other features. We will also engage aggressive marketing to meetup our 100,000-1,000,000 installs/users. With such huge userbase, we will definitely attract more crypto projects and non-crypto projects advertisers.

After the 6months, we are to buy back the token for 12months at rate of about 8.34% monthly till all investors token buyback completed making it more realistic since we will not be buying back all token same day or in a month or two.

That is while it is first invest first enjoy the buyback, last to invest and be the last token investors we will by back from.
For more personal question kindly checkout the whitepaper first, and ask on the fundraising token sales page or telegram group for faster response.

Regards!

We have outlined in details how we plan to achieve this via ads in the whitepaper. The utility token will need to be purchased by advertisers to advertise on any of our platforms.

Yeaaa, i wanna know too. Thats like really huge percent to promise to investors.

Interesting,

One main question for now, how can you 'guarantee' 500% return on investment?

I dont know "fundraising" word, sorry.

 Hello All,

We are fundraising to build new versions of our 100% FREE to use MyCryptoDictionary App with 1,000+ crypto Terms and Meaning (read about it at https://bitcointalksearch.org/topic/cryptocurrency-dictionary-mycryptodictionary-helps-with-1000terms-meaning-3058221) for Android, iOS and Web and translation for non-English crypto community. Additionally we are also upgrading Foskaay African focus and financial empowering forum for Africa (see details below) and to do aggressive marketing for both platforms. Thus, we are introducing our fundraising token which gives all investors that could believe and trust this project to become a success will get to share in our ads profits after 6months via our token buyback offer. Read more below;

Are you considering investing into a cryptocurrency token with viable platforms backing it like:
<1> MyCDApp (World's No1 Cryptocurrency Dictionary App) and
<2> Foskaay forum (No1 Africa's forum with uniqueness in sharing ads earnings with members to empower African youths).
Then, don't miss out on-going fundraising now before its sold-out


We have finally round off preparation and officially launched Foskaay token sales, airdrop and bounties with introduction of the PoHe algorithm to protect all our investors none will lose a dime of their invested capital.

What is Foskaay Token?

Foskaay token is the cryptocurrency to be used within Foskaay ecosystem which comprises mainly for now MyCDApp (World's N01 Cryptocurrency Dictionary) and this forum (Foskaay forum) as a medium of value exchange, payment for ads, rewards for participation on the forum and lot other things.

 

Why Foskaay Token is Different From Other Crypto Coins/Tokens?

Foskaay token is different from the thousands of coins and tokens out there because of some of the following reasons and features of the token:

i) It is based on PoHe algorithm therefore making it 100% safer to invest in because no investor will lose their investment (See section on PoHe for details how this works)

ii) It is only a utility token valid within Foskaay ecosystem

iii) It does not deceive investors to proud itself as same with Bitcoin, Ethereum, Waves and others but its simply stated in the whitepaper that its not a payment based token. Not plan to compete for that.

iv) It will not be affected by Crypto volatility, price fluctuation and market crash because it is hedged with viable products/services and will not be released to be traded in exchanges, instead investors hodl for just 6months and then Foskaay team buys it back into the Ecosystem at a fixed price of 1FOSKAAY = $1 (20% exchange fee applies) from the profits made via advertisement on the platforms (MyCDApp and Foskaay forum).

v) Its is backed by real projects with targeted market of ;

  > Cryptocurrency Newbie via MyCDApp and

  > African youths via Foskaay forum (empowering African youths to earn legitimately online via Foskaay token rewards for forum activities and engagements which we also redeem for them into spendable coins/tokens like Waves, Ethereum, Bitcoin etc.).

vi) Only 600,000FOSKAAY in circulation and none will be additionally minted till all investors token buyback completed by Foskaay team for our advertisers use. Its based on Waves blockchain thus its transparent and easy to track and raise alarm to other investors in case the team attempt minting extra tokens secretly. We have created section with link under technical info below which takes you directly to the information page of the token on Blockchain which can not be changed or manipulated by anyone including Foskaay team because it is on Waves Blockchain not on our own centralized database. Thus, investors are protected

vii) First token not to leave its investors to surfer losses like many others leaving them to face exchanges listing/withdrawal strugles, market Bears, FUD, etc. and may sometimes never recover capital invested talk of profit. We simply buyback everything from investors and that is the Hedging technique.

 

Technical Explanation of Foskaay Token

Token Name: Foskaay

Symbol: FOSKAAY

Platform: Waves

Identifier (ID): 29CReT1We2U3f8nFVKVL5T7MJ1PwJEnqujkFP6xVZRaM

Circulating Supply: 600,000FOSKAAY

Algorithm: Proof-of-Hedge (PoHe)

Monitoring Supply Link (to ascertain investors of no secret additional tokens minting): http://wavesexplorer.com/tx/29CReT1We2U3f8nFVKVL5T7MJ1PwJEnqujkFP6xVZRaM

 

How do we get fund to buy back the tokens at about 500% profit back to investors?

Fund raised are to;

i) Build new versions of MyCryptoDictionary (MyCDApp) on Android, iOS and others. Create different translations to cover the fast growing crypto community with people of different languages. Also aggressively marketing to hit up about 100,000 - 1,000,000 installs and users on Android and iOS combined.

ii) To push Foskaay forum to become No1 forum in Africa with unique capacity of financially empowering African youths via redeemable rewards in form of Foskaay tokens for different activities done. We have started this already if you look around the forum we launched 25Weeks of Cash+Cards giveaway in October and run till week18 in December before it was suspended for further development of the forum and integration of Foskaay token. See whitepaper for details

iii) To develop and integrate reward system to make it possible to earn Foskaay tokens participating on Foskaay forum and actively using MyCDApp.

iv) Bills payment for website/App server upgrade to accommodate the surge and growth of users, SSL, 5years domain renewal for both platforms as sign to assure we are here to stay, programmers and marketing team bills also get settled.

 

We will generate the cash from Adverts on both platforms.

For example MyCDApp is just about 3months old and only available on Android with about 850+ installs and 400+ active users having 10,000-15,000 daily pageviews on the App blog. Even with that small statistics, we have gotten about 4 adverts offers in the last two weeks (We provided screenshots as proof in the whitepaper, you can check there), imagine the adverts offers we will be able to execute daily, weekly and monthly if we are able to grow the community to 100,000+ installs and users. We would be able to net in around $20,000-$50,000 monthly for a start from in-App ads, Sponsored post/press release, Paid reviews, Paid push notifications to App users, Ads on the blog, CPM/CPC ads networks.

Same goes for Foskaay forum if it could be pushed via aggressive marketing from money raised to hit minimum of 5,000 - 100,000 members.

All our advertisers will need to purchase Foskaay tokens via our dedicated reward platform to be built after the fundraising. Thus, creating a demand for Foskaay tokens and since we only have 600,000FOSKAAY in circulation of which 500,000FOSKAAY offered through this sale, 50,000FOSKAAY for bonus purchases, bounty and airdrops and 40,000FOSKAAY to be use for the first test phase of the reward system to be earned by forum participants and App users. The team has just 10,000FOSKAAY left for us which even if we decide to sell first will not be enough to cover advertisers demand within the 6months of investors holding the tokens, which may eventually force us to start the buyback from investors earlier than the 6months scheduled because we can not mint any other FOSKAAY token to add to the 600,000FOSKAAY already declared at the beginning of the sale due to the algorithm of PoHe the token is structured on.

And don't forget it is Blockchain, so you can always check the circulating total supply anytime and raise alarm to the investors community if you notice anything fishy. We could only mint additional tokens after we completely buyback sold tokens to our investors at agreed price stated in our whitepaper before the investment done and by then all investors paid back so no one is affect by the minting of additional tokens to cater for next phase.


After the 6months what happens to Foskaay tokens I bought since I can not trade it?

> We buy it back netting you 500% returns when compared to the price at point of investment

> We will buy back 8.33% of the total FOSKAAY tokens sold via the fundraising monthly for 12 months to completely buy all tokens back.

> It will be on first invest, first buyback order. Which means if you are the first to invest in this token, your tokens will be among the first 8.33% buyback in the first month and it continues till all completely buyback in 12 months consecutively.

To know more about other info like Team behind this, what MyCDApp, Foskaay forum and the unique algorithm PoHe is all about, CLICK HERE NOW TO READ OUR WHITEPAPER

 

BONUSES

We have 3 categories of bonuses as follows;

> First 10 investors (among first 25 investors) that purchase $1,000 worth of Foskaay token will get 10% extra

> First 5 investors (among first 25 investors) that purchase $5,000 worth of Foskaay token will get 15% extra

> First 2 investors (among first 25 investors) that purchase $10,000 worth of Foskaay token will get 20% extra


How To Purchase Foskaay Token?

Kindly visit our fundraising token sales page at http://foskaay.com/foskaaytoken/fundraising/
 

To know more about other info like Team behind this, what MyCDApp, Foskaay forum and the unique algorithm PoHe is all about, go to the fundraising token sales page at http://foskaay.com/foskaaytoken/fundraising/


THANK YOU!

Foskaay Team