I've read the whitepaper but couldn't figure out what investors can do with the tokens. Do they function just like shares in a company, or do they represent other kind of worth?
From the WP:
All funds raised via ICO will be exchanged for 15% of Suretly, Inc.’s shares.
There will be a possibility to use all issued SUR-tokens as a method of ensuring guarantee on a granted surety in the Suretly app.
i agree there isn't enough info on what the purpose of these tokens are other than a fundraiser for the company. If token owners have part of 15% share of the company, do we get more tokens as a dividend reward (if so then when?)
Or is it via regular shares (i.e. not token based)? If they say it is used to guarantee loans then it will have a purpose otherwise it's just a coin with a name linked to a company.
Any ICO is about fundraising, please, learn the statistic. It will be the only one of my personal point, but please do learn the statistics and try to notice the constant participants during any ICOs or even venture capitals.
Yes, it will be used as a mean of a guarantee of a loan. Plus, it will be used as buy back-burn tokens. Suretly has stated they would buy back SUR-tokens every quarter (every 3 months).
The first hour bonus is very interesting, but even if you miss that the 1st day bonus is attractive as well.
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I would like to invest but the Suretly App cannot be downloaded from Thailand
I like your project and the idea about crowdvouching very much and would like to invest 20 Ether.
But the App cannot be downloaded and used in Thailand (see screenshot).
Without the App I cannot take part on the crowdvouching which is the main reason I would like to invest in your project.
I like your project and the idea about crowdvouching very much and would like to invest 20 Ether.
But the App cannot be downloaded and used in Thailand (see screenshot).
Without the App I cannot take part on the crowdvouching which is the main reason I would like to invest in your project.
Why wouldn't you be able to join the ICO without an app?
As the WP stated more then trillion of dollars is the global market. That's why people want to know more and try the app. We can't judge them for that.
Does anyone worry about the presale Sur?
It seems who have purchased presale will have a very competitive based price. A lot of people have purchased with 200% bonus (1ETH = 20 PreSur, 1 PreSur = 2 Sur, then 1ETH = 40 Sur), while purchasing publich ICO in the first hour will get 17 Sur per each ETH.
So, it means based price for people who purchased PreSur will be 0.0025 / 1 Sur. Meanwhile, the based price for public ICO will be 0.0058 / 1 Sur.
> 100%, right?
It seems who have purchased presale will have a very competitive based price. A lot of people have purchased with 200% bonus (1ETH = 20 PreSur, 1 PreSur = 2 Sur, then 1ETH = 40 Sur), while purchasing publich ICO in the first hour will get 17 Sur per each ETH.
So, it means based price for people who purchased PreSur will be 0.0025 / 1 Sur. Meanwhile, the based price for public ICO will be 0.0058 / 1 Sur.
> 100%, right?
thats why it was PreIco. if you miss it then pity, go for round 2( thus first hour) and if you miss that , you can go to round 3 (after first hour) ect ect
Bonuses:
First hour: 70%
First day (after first hour) : 50%
Second day: 40%
3th day: 30%
4th day: 20%
5th day: 10%
I know what is preICO or presale. However, but a huge discount like that, people who hold Sur tokens with a good based price will dump the market
. That's what I'm worrying Well, you have all rights to worry about it. What will become when the second of buy-back_&_burn would be over?
