What is the token role in your project?
The token is very important in our project. Our Idea and goal are to make a micro-state Tax-Heaven. On our island, the official payment method will be Privelege Coin. Our goal is to buy an island and then to create a tourist sports resort and a place that is ecologically friendly, but this is not all - the overriding task is to set up on this island a sovereign micronation, an oasis of normality and tranquility for all of you.
Of course, there will be only one currency on the island - Privelege Coin - thanks to that the treatment we will be able to count on its steady growth as it will be based on something existing. Want to spend a vacation with your family on a tropical island? Token is built on Ethereum Blockchain which guarantees the stability and guarantees access to the latest development opportunities
Do you have hard cap and soft cap?
The minimum amount that allows us to meet the assumptions is 2500 BTC, the upper limit is 10,000 BTC -
SMALL SUMMING - If we fail to collect enough, we will vote (every Owner of Privelege Coin) - to buy a tiny island or land in the Dominican Republic?There will be proposals related to tourism and Privelege autonomy - of course. Whatever the choice, the concept based on payments only and remains unchanged.
LARGE TOTAL - If we could get a surplus above the assumed maximum, these funds will be spent on developing the island’s infrastructure.
How many tokens do you plan to create? And how many from them will you sell during ICO?
The tokens are already created.The sale will show us the level of interest of the Privelege Coin, will determine which island we can buy and will allow you to calculate the maximum annual issue - if you exceed the 50-year surplus, Privelege Coin will be burned down and its value will increase. Currently, the total number of coins created is valued at 3 billion and the price of a single coin is 25 cents. For sale is 2,5 billion Privelege Coins
What will happen if you will raise less money than you expect?
If we fail to collect enough, we will vote (every Owner of Privelege Coin) - to buy a tiny island or land in the Dominican Republic? There will be proposals related to tourism and Privelege autonomy - of course Whatever the choice, the concept based on payments only and remains unchanged.
When will your token be on any of the exchanges?
I have been in contact with several cryptocurrency exchanges for some time.
12.04 that's two days after the end of ICO a conference will take place, in which we will discuss how the ICO has done, on what stocks we will be, what island we will buy.
Our cryptocurrency will enter the cryptocurrencies exchanges at the end of April and the beginning of May