Jump to content
NEWS
  • WELCOME TO CRYPTOCURRENCYTALK!
  • We've upgraded the website with a lot of new features!
  • 3 NEW THEMES! Click on the + Themes button above!
  • Notice about SOCIAL LINKS: UPDATE YOUR SOCIAL LINKS
  • New video section, add your videos: VIDEO SECTION
  • Advertising will be available shortly, hold tight.
  • If you have any issues with the new site, please submit a support ticket: SUPPORT

FundCoins

VERIFIED
  • Content count

    207
  • Joined

  • Last visited

  • Time Online

    29m 20s

About FundCoins

  • Rank
    Fundcoin Team

Contact Methods

  • Website
    https://finles.capital/
  1. Dear contributors and members of the FundCoin community! We are sorry to announce that due to a number of reasons, we decided to stop the FundCoin ICO. From now on, we will focus on developing Blockchain Fund-of-Funds targeting the blockchain industry for institutional and qualified investors. If you are willing to participate in the Fund of Funds, please do not hesitate to reach us for more information at info@finles.capital. For refunds, please contact preorder@finles.capital. Thank you for being with us and good luck! Yours, The FundCoin Team
  2. Yes, the minimum investment will be 1€ or 1 FND token. If you buy FND with a cryptocurrency, the amount can be any. However if you buy FND with Euros or dollars, the minimum amount is 20,000 Euros.
  3. You are pretty right. This is one of the reasons for their absense. The second and the main one is that, as mentioned before, the underlying project is not a high-risk start-up as the overwhelming majority of similar projects. The funds raised during this ICO will be invested in a number of private equity and venture capital funds collectively managing more than $1bn of assets, run by some of the most respected and successful managers in the business
  4. Unfortunately, there are no discounts, just direct investments right away. It is due to the fact that the underlying project is not a high-risk start-up as the overwhelming majority of similar projects. The funds are raised during this ICO will be invested in a selection of private equity and venture capital funds collectively managing more than $1bn of assets, run by some of the most respected and successful managers in the business
  5. FundCoins are backed by investments in a selection of funds collectively managing more than $1bn of assets, run by some of the most respected and successful managers in the business. Income distributions from these funds are to be used to buyback FND tokens from the market, so Investors can benefit from this buyback program
  6. Yes. The smallest fraction of FND is 0.0001 FND.
  7. The principal benefit for investors is that the underlying project is not a high-risk start-up as the overwhelming majority of similar projects. The FND sale proceed will be used to invest in a selection of funds managing more than $1bn of assets, run by some of the most respected and successful managers in the business. We are hoping for IRRs above 25% per annum and cash payouts via token repurchases in the secondary market.
  8. After the first quarter of the Fund operation, and later every quarter, the Finblock will offer to buy back FNDs from the investors for the amount of cash received from the investments, at a price determined by Finblock at the time. At this point investors will benefit from their FundCoins. Also they will be able to sell FNDs at exchanges at any time.
  9. Yes, the buyback is on a quarterly basis.
  10. Yes, and a little later we will announce the minimum amount
  11. Investors get access to a very promising market related simultaneously to real economy companies and as well to Blockchain and cryptocurrencies. Tokenized funds allow individuals to invest in real assets of the existing companies and provide at the same time a unique access to a high performance and highly liquid blockchain private equity fund, usually the preserve of institutional investors.
  12. All the tokens not distributed during the crowdsale will be burned out. The rate is 1 FND = 1 Euro. A respective number of FundCoins will be created, meaning that if, for example 19 million Euros are raised, then 19 million FundCoins will be created. There will not be extra tokens
  13. We use the Ethereum infrastructurefor issuing tokens and smart contracts. Our tokens are ERC20 compliant and are stored on Ethereum wallets which support this protocol. We've found the Ethereum to be a solid, comprehensive platform to work with and useful for implementing everything we need to effectively launch the FundCoin infrastructure and to protect the interests of our investors.
  14. It's governed by Smart Contracts. The FNDs will be distributed pro-rata as per paid/invested amounts at the rate of 1 FND = 1 Euro.
×

Important Information

By using CRYPTOCURRENCYTALK.COM, you agree to our Terms of Use.