What is the projected amount of ICO's that you want to fund once the ICO is done? I'm looking at this for a long-term token so def send some specifics, ty
We are planning on initially 3-5 projects in the 1st month of funding. Our 1st month is planned for August 2018, so right after the ICO commencement. Our MVP is completed which is the online application and payment module available to the public soon. We have already started receiving informal applications from ICOs but once we launch we expect 100's of apps to filter through.
After the first month we plan on ramping up the funding levels per month as efficiencies grow and processes become formalized and kinks worked out etc.
Good to hear that. What will happen if the projects that you funding do not reached the expectations as you expect?
We've anticipated this statistical chance of happening with the ICO's we have in our portfolio but if we've done our homework correctly and with enough checks and balances, the statistics drop to lower than average occurrence. Cryptfunders business model accounts for these chances, we've allocated ICO's potentially falling into 1 of 3 categories:
1) Positive - These will consist of several huge homeruns and the rest being high positive to positive ICO outcomes
2) Marginal - These will be good performers, some higher than average
3) Losses - Keeping this pool to a minimum is the goal accomplished through our initial filtering of applications, our 2nd stage due diligence tiger team filtering and our 3rd stage meet and greet and other deep analysis checks.
We will employ deep analysis of the ICO on multiple levels to ensure pool 3 stays low is the ultimate goal and to let our marginal and winners pool take over and exhibit growth in our Cryptfunder family of ICO's. Let the winners ride, holding those tokens and dropping the losers as needed in a balanced methodology.
