Quote from: KingLeonidas on January 23, 2018, 10:23:45 PM

The Sparta ICO is messy, we are sorry about that, actually the Sparta ICO is not even an ICO,
The plans were to lunch the ICO in August then the SEC made a statement -end of July- that ICO are basically securities,
There was a resistance and some conflict in the leadership team for/against cancelation and we did launch a pre-ICO but eventually we cancelled it less than 24h later and refunded the investors. As a result one cofounder left, and we pivoted into a token distribution to startups instead of ICO. Now the startups have been given the ok to create a mini-style SPARTA token sales instead  -still experimental though.


- How many startups you got under your umbrella?   
300 is the objective, 3 have been announced, several others are in beta or mvp or alpha and this fine forum launched few months ago.

- Do you have any successful results so far in terms of startups marketing their products/services? Ones from WP appendix?
Only 3 have been announced and we are still figuring out how we can fund them with Sparta. One not in the WP though is this forum, which can be honestly be considered a success considering the limited budget invested. But also the forum is a launching pad to any future blockchain startup.

- How large is your team? What happens if suddenly 50+ startups join your project, how would you scale your services?
Our core team is small, we lost a couple of our members after ico cancellation, we are currently actively trying to recruit developers and marketers. We are selective with startups, objective is always: how to have the token integrated and how these startups can compete and bring real solution to real problems rather than solutions to made up problems.

- Are all startups from Poland and close environment or is it global?
We hope it will be global, but to start, we are starting local.

- Do you provide startups with equity & office space except programming, designing, marketing and operations services?
Not for now, we see ourselves at the seed level stage, helping the startups have a product that they pitch VCs with.

- How do you raise capital to support them?
That's the dilemma, we are trying to solve after the ICO cancellation.

- Could you elaborate on gold coins? I presume it is connected to the question above.
Gold coins will be one of the different ways we hope to get some fiat in our bank accounts, we basically will sell an overpriced gold coin, the coin does not contain tokens, it locks them, thus defacto becoming a replacement - we took many scenarios in consideration concerning security etc ...

- What prevents you from stealing their idea and making it your own? Do you sign some kind of a contract?
Yes, our contract is a contract from hell, we have no place for a cult of personality, we tend to favor a cult of team, we expect the product to speak, and we will try to pull together the resources, meaning best pitchers will pitch every-time ...

- What are your day to day duties in terms of supporting these startups? Is it like your 9-17 regular job? How is your team being compensated?
Luckily, for now not much startups, but we expect a lot will become repetitive, and just needs tuning and improving. Team for now volunteers, we will be compensated with 4-20% management fees in form of SPARTA tokens + any revenue we can create from these startups will be used at the beginning to get this circus functional.
 
- What do you need blockchain token for?
It was to be used as a funding vehicule, but now it is to be integrated in each of the startups as a form of utility; for instance in this crypto sharing forum, to get the cryptos we share with them they need 1 sparta token each time /later might be reduced.

- What type of blockchain are you on? Your own, btc, eth, other?
We are on Ethereum for now, we have distant plans to launch our own based on Cardano.

- Do you have any interest in listing on coinmarketcap or any OTC exchanges?
Of course every token and coin issuer are interested in these.

- How do you currently value your token? What is it's price? Where can it be observed? Etherdelta as a benchmark?
It is currently on Etherdelta. Value wise we are no longer putting a value on it, except it's 1 million token per startup.

- You have partnered with NEM? Couldn't find anything on that.
We have, but since nem went over 1$ we feel we are of no value to nem, thus this partnership was defacto dead before it was actually born - we are planning to remove the nem logo soon.

- Any long-term plans?
Of course, we want to be independent in every sense of the term, this forum is just a first step in that direction, but if you understand what i mean, then you would understand what our plans are, ps: we have a couple startups in stealth that will not figure in our whitepaper or portfolio for strategic reasons, one of which is due to be launched very soon.

Pardon my persistence, I am rather inquisitive once I find something worthy of attention.

Of course, no problem,

This is a quote from a post in Sparta section of the forum. You can also check the OP.
OP - http://www.altcoinstalks.com/index.php?topic=4326.0