FABA ICO REVIEW
FABA is a magic bean token that connects the conventional venture capital market with the startup community. It financially supports businesses with a positive impact on the ecology, environment, education, medicine, etc.
Revolutionary token that bridges the crypto community with the traditional venture capital market. The opportunity to be part of a powerful new investment movement.
The value of these companies grows thanks to the support and cooperation of the FABA mentor team. When the time comes, these firms will exit at multiples of their initial investments. Token holders will be incentivized after the portfolio of FABA companies is sold, and rewards will be distributed in ETH. FABA bridges the cryptocurrency community and venture capital to collect valuable feedback on the projects that it seeks to invest in as well as to get innovative project ideas from the community to be supported. An application will be available for FABA token holders to allow them to monitor the FABA’s investments.
Venture capital firm Faba LTD invests in promising projects where it functions as an equity shareholder. It was established by a team of seasoned individuals who are passionate in supporting groups and projects with an aim to influence the world.
The Common Vision helped determine the target segments that are revolutionizing the current environment and are becoming instrumental in further development in education, medicine, innovation, IT, and hardware.
Faba aims to support a maximum of 110 projects during the first investment round, with an outlook of 11 to 17 successful projects that will achieve an evaluation of 10 to 30 times the first investment. The rest of the businesses will break even, and others will not make it at all. The period for the initial investment round is eight years. Faba will focus on picking the right projects during the first four years, while the remaining years will concentrate on exiting its investment portfolio of equity shares acquired.
1st ICO ROUND 1
(FABA) token = $ 1
01.03.2018 – 17.04.2018 PERSONAL SALES BONUS 40%
18.04.2018 – 05.06.2018 PRE ICO BONUS 40%
06.06.2018 1st ICO ROUND
06.06.2018 – 31.07.2018 ICO BONUS 40%
01.08.2018 – 30.09.2018 ICO BONUS 30%
01.10.2018 – 30.11.2018 ICO BONUS 20%
01.11.2018 – 31.12.2018 1st STAGE FUNDING
01.12.2018 – 31.12.2018 ICO BONUS 10%
01.01.2019 – 31.01 . 2019 ICO
01.02.2019 – 28.02.2019 MARKETING BOOST – STARTUP ARTICLES
2nd ICO ROUND 1
(FABA) token = $ 1.3
01.03.2019 2nd ICO ROUND
01.03.2019 – 31.03.2019 ICO BONUS 20%
01.04.2019 – 30.04.2019 ICO BONUS 15%
01.05.2019 – 31.05.2019 ICO BONUS 10%
01.06.2019 – 30.06.2019 ICO
Q3 2019 EXCHANGE EXCHANGE
Q3 2019 APPLICATION OF FABA
2019–2023 FARTING
STARTUPS 2023–2027 EXIT PART – SELLING SHARES
2027 INVESTMENT ROUND INVESTMENT FUNDING & SALES ICO FABA Token Concept
(FABA) token value in ICO round 1: $ 1 (FABA) token value in 2nd ICO round: $ 1.3 Total Profit token: 160M (FABA) PRE ICO token + ICO sale: 80M (FABA) Hardcap $ ICO token 67.5M ICO Softcap $ 4M Investment for startup: $ 60.95M Min. investment: $ 200 – round 1, $ 1300 – round 2 Number of projects: 110 Duration of ICO increase: 12 months, 2 rounds Pessimistic ROI: 35% pa (excluding Unicorn *) Optimistic ROI: 138% pa (including Unicorn *) Exit from 110 startups: $ 0.172 – 0.672B Investor voting rights: 2000 (FABA) tokens = 1 vote First investment horizon: 8 years Project area: Europe, US, India FABA LTD domicile: London, United Kingdom FABA Token Distribution
The Faba project will launch sales tokens (FABA). Faba will release 160M tokens (FABA). A total of 50% of tokens (FABA) will be available for ICO sales, which represent 80 million. The number of tokens for ICO sales will be divided into 2 phases: 1. Pre ICO and 2. ICO. 40% of tokens (FABA) will be held by Faba companies, these tokens are held and cannot be sold for a period of 2 years. 10% will be shared among the mentor team, this token is given for a period of 1 year. After a period of 1 year, 50% of tokens can be sold. During the pre-ICO phase, there will be 0.5 million tokens available for sale and 79.5 million during ICO. Unsold tokens will be shredded.
PRE ICO
During the pre-ICO phase, 0.5M tokens (FABA) will be available for sale. The token will be sold with a bonus of 40%, which means for the purchase of Token 1 (FABA), the investor gets 1.4 of the tokens (FABA). Pre-ICO time is 48 days. If the 0.5M (FABA) token is sold earlier, then pre-ICO ends automatically with it. Pre ICO will be allocated for marketing and public relations. Fund Allocation P
During the ICO phase, 79.5M tokens (FABA) will be available for sale. Most ICO funds will be used to invest in proven concept projects and selected startups. Operations are management costs, which include administration, office, legal fees etc. Software development includes application startup and development of FABA applications. Marketing support includes social networks, media articles, ICO internet portals, etc. If the token is sold before the schedule, then the ICO ends automatically with it.
ICO Bonus Program
Bonuses will range from 10% to 40% related to the time of sale. In the first ICO round, bonuses range from 40% to 10% and the nominal value is $ 1 for one token (FABA), where for the purchase of one token (FABA), the investor gets 1.1 to 1.4 tokens (FABA). In the second ICO round, a bonus of 10% to 20% will be available at a nominal value of $ 1.3 for one token (FABA), where for the purchase of 1 (FABA) token, the investor gets 1.1 to 1.2 of the tokens ( FABA). Special affiliate bonus programs will be available for recommendations, which represent 10% of the payment realization tokens in (FABA).
For more information, please visit official:
Website: https://vc.fabainvest.com
Whitepaper: https://icosbull.com/eng/ico/fabainvest/whitepaper
Telegram: http://t.me/fabaventurecapital
Facebook: https://www.facebook.com/fabainvest/
Twitter: https://twitter.com/FabaInvest
Author: Chidi
Btt username: Chidifranco
Btt profile: https://bitcointalk.org/index.php?action=profile;u=2117147;sa=forumProfile
Eth Address: 0x216CB84Fea07eB219c27AE40d7049Fd627344aBC