Topic: ⇝ RI ⇜ Fundaria: the revolution in funding | CTS - page 2. (Read 3043 times)

Well planned project is advantage - why not to show it? Especially if this planning is the part of project's functionality.

damn, i give up.. i can't read anymore. My eyes burned. 
You didn't need to explain it each word, make it little simple and easy to understand

What the hell is this ?
From page to page what i saw FAQ and copied 3 times.
And that Graphic    
Like 2005ish,when i was young(still young and handsome) i always playing that game.
And he's taking that Graphic for this 'crowdfunding coin'.
Are we in 2005 right now ?

dev you any bounty social media

Thank you for summarizing See you soon with your ideas on Fundaria.

I have been thinking about it in the same style


You are wellcome. Basically communicating and answering to questions is the major advantage to the project at this moment.


As opposed to other tokens suppliers we are not acting by the tenet 'get as much investment as possible'. As I know in the world of investment the more amount of money is invested to bisiness the less part of shares receives the business founders and their team. If we would act in such style, I would create contract which would decrease team-tokens supplying with supposedly increasing investments. Current team's share is not usuall but not bad for such investment strategy at all as I see it. So if our business processes will occur as planned this 50%-50% contract will be in use. If this would be a problem we would propose to use another contract for investors with diminishing team's share.
Practically such condition wouldn't much disturb minor investors. But as for major - this can be a problem - because they love take control on company with their major shares and this is important factor for them to make investment descisions.
I see now, that taking in account described conditions, selling on public market team-tokens is not good idea. This can break balance. If you are nor seeing this - no problem. But this fact is good for investors. Fewer quantity of tokens circulation on market can be a factor of their high value (if I see it right).


Yes.



Thank you! Communication with you maked some things more clear for me and for readers of our posts. It seems that you can be a good advisor.

Time for Fundaria is comes!

I think you are living upto the idealogy of Fundaria by the manner in which you are being so 'open' with everything you intend to do and work on.
While this is core to a lot of Crypto-related projects, it feels that Fundaria is already the first-hosted project 'on Fundaria'. It works in the same manner, any and all questions are answered and investers are able to weigh in. Good on you!

Thank you for taking the time to read all the questions and taking the time to answer them all fully and so clearly.

However I have two more points to clarify as of this moment (might reply more later tonight).


This might be just me, but I still don't feel it is entirely clear what will happen to the 1,000,000 Tokens.

What I mean to ask is... Are those 1,000,000 (50%) 'Team-Tokens' ever going to end up distribution?
If so, does this happen through the dividends you described by selling off RI --> ETH  in public markets (ending up in Circulation). Then with those ETH, the dividends are paid?


So when the roadmap expands, you determine a new 'budget' for further development and growth.
Where investors and users of Fundaria see and perhaps weigh in (vote) on what goals or features will/should be realized?

So you only add X amount of RI where [Expected Cost of Further Development/Growth] / [Course of RI] = X (Amount of RI to add).

Correct?




Looking forward to it!

Sidenote: If you need any translation work to Dutch, let me know!
Also, I would love to send you some brainstorm-ideas regarding promotion, business and or marketing material.

All the best! I expect to invest soon. It all sounds very well thought out and I really click with the 'idea machine'-philosophy, along with a lot of my friends.

I like the idea of this project, helping the funding on anyone/group that are in the process of building their company.
Great success for Fundaria.

The project description is really much interesting, and the dev also very active.
I believe this project will be success.

Lucas2112, Thanks for the questions!

Answer forwarded to "Most interesting summarized questions & answers"

still waiting update more about bounty social media

I have the following questions which I think will help you set up your initial FAQ or provide deeper understanding for the broader public... While also confirming and or answering my own concerns or questions:

1. If I read the contract code and you announcement correctly:

There are 2 million tokens total supply and a bonus system.
If I purchase tokens now with 10 ETH. I will receive 1000 RI to my wallet. 1000 RI go to your 'development cost'-pool ('Foundation' Pool?).

1. A: So currently there are 1,000,000 RI's up for grabs for public? Total supply is 2,000,000 (will not change) but 50% is held by foundation for later rounds of funding or distribution among the team, is that the idea?

1. B: 50% of total Token supply in hands of the developer is quite large. What will happen to it?
Are you able to provide a approximate distribution or plan for those tokens so that we can understand 'how' this 50% will be released, used or who will own it?

1. B: 9 ETH will be held in a smart contract until 22 August 2018 or until you (creator) set an earlier date?
1. C: 1 ETH will go to a 'Foundation Fund' to finance development?



2. If I buy in Phase 2. 10 ETH == 1000 RI to my wallet. However 8 ETH will go to the Smart Contract [FundariaBonusFund], 2 ETH to Fundaria Development Financing-Pool?
Correct?

3. Bonus Refund in Ethereum contract (FundariaBonusFund). Option 1. Turning into a RI Investor on the Fundaria platform. Option 2. Withdraw ETH from contract back to wallet
3. A : Option 1: I turn my can turn my 'bonus (ETH)' into more RI at the current course. Which will transfer more RI tokens to my wallet, which I can then use to invest in projects hosted on Fundaria?
3. B : Option 1: Do you mean that my wallet address will be allowed to use the Fundaria platform because it activates the (for now) 'exclusive state' of 'Able to Invest' ( (x) Investor Account), correct? ('Closed Alpha Access for Early Investors')
3. C : Option 1: At what 'course' am I turning my ETH to RI?
3. D : Option 1: Where or who are these tokens coming from when I exchange 'WEI' (bonus ETH) for RI?


4. Option 2: I simply send a transaction request that withdraws my ETH from Smart Contract [FundariaBonusFund] to [My Wallet] IF the 'First Phase' has ended, correct? (Phase 1: 9 ETH, Phase 2: 8 ETH)

5. If I do either option 1 or 2. I lose my bonus fund status and my entire balance turns into either a withdraw-transaction or a tokenbuy-transaction? As I can not determine the amount of bonus ETH to use?

6. The 2,000,000 RI. Can you confirm that that is the maximum amount of tokens Fundaria will ever have?

7. If I send ETH to the buy contract now, I will receive my tokens right away, correct?
(10 ETH in Phase 1: 1 ETH to Fund. 9 ETH to BonusFund. 1000 RI Tokens to my Wallet (sender address). 1000 RI Tokens to Fundaria Fund (creator address))

8. Any more information on you two, the first on the team? A name and self-subtitling is fun and all. But it doesn't say much. Age, where are you from, what's your background, what's your experience, what knowledge and skills do you have? What other projects have you worked on? Who do you intend to bring on-board or who else is involved? Have you spoken to anyone who might become an advisor?

9. With the recent successful ICO of Aragon (ANT) and maybe other similar platforms. Can you clarify how maybe Fundaria is similar, how it's different and how it will be better?

Glad to hear this! Thank you for confidence.

The pictures for team are damned good. I love them.

You got my trust.

Shut up! and take my money.

Can I expect that we can debate not only on graphics used in announce but about the project itself and its prospects? Maybe this is the next 'big thing', what do you think? Should people always be crowdfunding backers, but not investors of the projects?

How bonus refund is working?

For every 1 ETH invested in Fundaria 0.9 ETH are distributed to Bonus Fund. This bonus ETH will be availabe for withdrawing by their owner later or for investing to Fundaria based companies. This means that during this bonus period every Fundaria Token holder receive 10X more tokens for the same price or in other words gets a discount of 90%. The only condition - refunded ETH owner should wait when beta-version of Fundaria will be developed to take control on their refunded ETH. Or after August/22/2018
14:00:53 - when all bonus refunds will be available for withdrawing (till that moment they will be safelly are keeping on Bonus Funds and no one can withdraw theme from there).

So we have ironman and guile as devs. Okay.. well lets see where this goes.

We are humans but when is time to work is coming we are turning to machines :-) I have been preparing this project for developing many years, gradually drawing up a detailed picture in mind and reinforcing the intention to implement it to life.

Sorry if the explaination forced to think you that these are 3 tokens, not one. There are 3 Ethereum contracts, not tokens.
1-st for RI storing with initial functions to transfer and supply. This is a "root" contract where token owner can see how many tokens are supplied already, what current supplying course of token, how many tokens are owned. "transfer", and "transferFrom" are standard ERC20 functions which allows Dapps to parse this contract and show tokens in wallets. These functions are well described on http://ethereum.org/token page.
2-nd for RI buying. Anyone can call buy() function on this contract at the time sending some ETH.
3-d for Bonus Refund Program. This is a special contract to store bonus ether for refunding. This contract created for early token buyer advantage. For example if you will buy 1000 RI now for 10 ETH, 9 of these ETH will be transfered to FundariaBonusFund contract and will be stored there for this token buyer future needs.

I would correct text to reduce some misunderstanding. Thank you for the advice.

Alex Ayaho and Voktor Melifaro are machines or human. These logo looking weird but this concept is looking interesting would like to give try to this project as it has plan for long term.