Today I would like to tell you about a very interesting project called Baltic.Fund. This project is unique in its kind and represents a fund where people join together for joint investments / investments in promising start-ups. The guys even compare themselves with the platform Kickstarter, in the field of block projects.
The world of start-ups is changing and in the opinion of the Baltic.Fund team Silicon Valley is greatly overvalued. In her opinion, hidden treasures are hidden in projects related to the blockade. Baltic.Fund is planning to create an ecosystem that will allow any beginner project to get all the best, starting with assistance in its creation before the project enters the market. By this they mean a high level of knowledge and talents, support from state institutions and institutions, communication projects with the community, help the best advisers. This is the same ecosystem that the project calls the Baltic Fund Ecosystem and with the help of this system, the guys promise from three to ten ikss within one to two years, as well as the sharing of profits from start-ups, according to the ratio of the funds invested in it. That sounds promising, does not it?
Since the team is from the Baltic states and the CIS, it plans to initially involve start-ups from Lithuania and neighboring countries and will focus on projects that are technological and innovative projects, such as: ideas aimed at improving the security and secure content areas; projects of blocking and artificial intelligence, corporate applications, automation of the business industry and so on.
about the project
The Baltic.Fund project is based on a platform based on the Balt Platform technology. Its essence lies in the fact that anyone who participates in the project by purchasing team tokens can exchange them for access to data on joint projects and developments of the team and their partners, VIP entry and tickets for events and events held by the project, that this is only a small part of the benefits and services that will be provided to future participants. To participate in the ICO project Baltic.Fund will need to undergo the procedure KYC (know your customer), US citizens unfortunately participation in the ICO is prohibited. The token will be based on the ERC-20 standard and have a BALT ticker.
Token distribution and sales
The total number of tokens produced will be 165,000,000 tokens. The team distributed them as follows:
84% - 138,600,000 tokens are on sale.
7% - 11,550,000 tokens are allocated for bonuses (will be presented on the graph below).
6% - 9,900,000 tokens (note how small a share) - the team and advisers remain.
3% - 4 950 000 tokens remain on the promotion of the project with the help of bounty programs and are not intended for sale by the team.
The project plans to raise 15 million euros, setting the price of a token equivalent to 0.00025 ETH, with the minimum possible purchase of only 100 tokens. Bonuses for the purchase and the dates of the sales we can see in the picture below.
Well, in conclusion, I would like to add a few words about my impression of the project. Seeing the project for the first time, I was amazed at the simplicity of the idea and at the same time its competent implementation. The guys really come to the point and show their project magnificently. Most ICO portals rated this project in an evaluation higher than 4 on a 5-point scale, and from myself I would add that it is quite deserved. The project is very ambitious and I'm sure that the guys will do everything to realize it 100%. After all, as they say, they are here to revive a lot of potential startups, which is their phrase "This is not an ICO for ICO". I will be happy to follow the development of the project, it may be really analogue of Silicon Valley in the field of block-technologies, and maybe the project will even surpass it, who knows, time will tell. We can only believe in the guys and wish them luck.
Thank you for taking the time to review my Baltic.Fund campaign, I hope you did not get tired and you were really interested in reading about such a unique and unique project in this field, before new reviews, friends, thank you for your attention.