Are there targets that if not reached the project will not launch?
Yes, if we raise less the 1000 BTC, we will send the money back to investors.
30k btc? i don't someone would really put that mch this time now that there are tons of platforms already wanting to have their own ecosystem like waves. and it could take years before it could fly by the way.
30k BTC is the maximum amount we can raise. We need up to $8 mln to cover all possible costs for dev, marketing and business development. All funds raised above $8 mln will be allocated on deposits of our partner banks in order to lower the commissions for our clients and to provide for liquidity. The more is raised, the more we can deposit into different banks around the world, and the lower will be the commission rates for fiat payments.
As for the platform, it has already been in development for 4 years with over $4 mln private funds invested. The first products will already be launched in Q2. The launch of the Stock exchange is planned for Q2-Q3 this year. We do not offer investing into ideas. We offer an opportunity of being part of a big international project that is already launching.
In another comments you also said
quote ""Well, the price is not low, but please consider that we are suggesting to invest into a ready to launch product. Exscudo has been in development for 4 years, and the founders have already invested over $4 mln of their private funds. Besides, if some EON coins are not sold, they will be distributed proportionally among all ICO participants in priority order. We also don't set a minimum entry level, so that everybody can participate. The Bounty campaign will also offer options of obtaining some EON coins. You are more than welcome to participate.''Unquote
That means if you raise 10 k BTC remaining 20 K BTC you will distribute to ICO holder because you cant sell remaining 20 K in ICO. Pls clarify
Quote ''if some EON coins are not sold, they will be distributed proportionally among all ICO participants in priority order.''Unquote
