FAQ

Frequently Asked Questions

General Questions

  • What is Farm2k?
    Farm2k – is a unique platform, which offers:

    Owners of shops, services, exchange points integrate their businesses into the Farm2k platform, while users make purchases and pay for services with their F2K tokens.

    ICO representatives integrate their projects into the platform, while users will estimate and discuss them in public to create the reputation, which enables investors to rely on it.

    Farm2k will offer its users the set of latest technologies and hot news of cryptocurrency from dozens of sources for a worldwide audience.

    Blockchain-technology professionals and cryptogizmos will have a joint platform for coworking.
  • What is cryptocurrency?

    Cryptocurrency – is a digital financial active, means of exchange with transactions secured by cryptographic system and controlled creation of currency units. Cryptocurrencies are sold and re-sold on markets and they open wide opportunities for short-term operations as well as for long-perspective development.

  • What is ICO and pre-ICO?

    ICO is a mechanism of fundraising, when the future cryptocurrency is sold to investors (backers). For transferring Ethereum ICO the inversot gets new project's tokens. In an alternative crowdfunding method – to purchase the coins of the company, that will grow in value in case of success.

    Pre-ICO opens before ICO. Investors can be lucky enough to purchase tokens at discount price and start suppoting the project from the very beginning.

Pre-ICO and ICO Questions

  • When does the pre-ICO start?

    Pre-ICO campaign starts from Aug-Sept 2018.

  • When does the ICO start?

    ICO campaign starts from October 2018.

  • How can I participate in ICO or pre-ICO?

    Pre-ICO and ICO be open at www.farm2kitchen.io

  • What is a minimum payment for pre-ICO?

    Minimum payment TBD.

  • Why do you open pre-ICO?

    We have the sufficient funding for launching and fluent work of the initial stage of the project. Due to the great ambitions of the platform, a successful Pre-ICO will contribute to widen the team of developers and speed up the functional implementation Additional pre-ICO funding will ensure the launch of the prototype version of the basic part of Farm2k before an official ICO.

  • Can I participate in ICO or pre-ICO without a wallet?

    No. You need Ethereum-address to buy, sell and save F2K-tokens, because they are released on Ethereum-blockchain. To participate in ICO you can use such wallets as: Ethereum wallet, Mist, MyEtherWallet

  • How many F2K will be sold during pre-ICO & ICO?

    A total of 280,000,000 F2K tokens will be issued, especially:

    - 2,000,000 tokens for pre-ICO;
    - 9,000,000 tokens for ICO;

    Note:
    Pre-Sale – 50% Off
    ICO – Round 1 – 30% Off
    ICO – Round 2 – 20% Off
    ICO – Round 3 – 10% Off

  • How many F2K will I get 1 ETH during pre-ICO?

    Pre-ICO price TBD.

  • Can anyone buy tokens at pre-ICO price?

    2,000,000 F2K tokens are available for pre-ICO. The investors will be served on a first-come basis (first-in-first-out). We cannot guarantee, that there will be enough tokens for everyone interested.

  • How many F2K can I get for 1 ETH during ICO?

    Figures illustrate the correlation between F2K price and the amount of ETH investments during ICO. The more ETH is attracted – the less F2K-tokens for 1 ETH will the participant get. It means, that “early bird gets the worm”.

  • How can I be sure, that I get my F2K after my transfer?

    F2K token - ERC20 token under “smart” contract system, based on Ethereum protocol. ETH-addresses of investors will be automatically added to the pre-sale contract. The distribution of F2K tokens is performed, taking into account the purchase exchange rate.

  • What happens with the rest of tokens, which are not sold during ICO?

    All the tokens left after pre-ICO and ICO will be destroyed.

  • How will be the collected ICO token allocations?

    50% Crowdsale
    25% Reserve
    10% Team
    10% Advisors
    5% Referral

Farm2k Platform Questions

  • What can I do on Farm2kitchen platform?

    You will be able:

    - To learn about new blockchain platforms and leading innovations.
    - To convert cryptocurrency at reliable exchange points.
    - To integrate an exchange point and to get leads from the platform.
    - To use wide capacities of blockchain technologies and industry in general!

  • Farm2k Platform aim

    We aim at:

    - Getting major profit from the industry,
    - Gathering a team of experts,
    - Launching powerful promising projects,
    - Getting access to latest information at once,
    - Grasping the latest innovations in the sphere of blockchain technologies.

  • Farm2k for investors

    Farm2k minimizes the financial risks of ICO project investors. Users will estimate and discuss them in public to create the ICO reputation, which enables investors to rely on it. Investors will be able to learn the opinion of crypto-experts when choosing the projects for investing, while fake projects will be broken down by the expertise of the majority.

  • Farm2k for business

    Business owners can integrate their businesses into the Farm2k platform and get paid with cryptocoins.

    At the moment there's no place to spend cryptocurrency, that's why it is exchanged for fiat currency. Farm2k users will be able to make purchases and pay for services with their F2K tokens, and business owners will get a reasonable profit.

  • Farm2k for professionals

    We designed a service, which enables users to create or join teams. Each user will be categorized: advisor, developer, investor, trader, professional, market leader, designer, analyst, financial advisor etc. To find a necessary person you just need to choose a specific category, choose a specialist and start chatting.
    Build strong teams, create new projects, solve problems together!

  • Will the holders of F2K-tokens get dividends from the distributed profit?

    We distribute our profit by the most effective and legal method - redemption (Buy Back and Burn). In other words, we will systematically repatriate F2K-tokens from the markets and burn them (i.e. eliminate the tokens). As a result, the number of tokens will decrease, and their value will increase.

    Instead of profit distribution we aim at allocating at least 50% funds for the redemption campaign. It's the optimal practice in the digital economics for the benefit of F2K token holders.

    We incline to check on legal updates, implement alternative methods of profit distribution according to the rules of the market.

  • How can I be sure, that the platform will continue its actions after the tokens are sold?

    Farm2k platform is aimed at major changes implementation into the blockchain industry and solving a variety of problems. We will raise the loyalty of users, which improves the capitalization growth in general. The platform directly depends on overall capitalization, that's why “the more we sow – the more we will reap”.

  • On which markets will F2K-tokens be distributed?

    We will negotiate with markets at the early stages to make F2K token available for trade after the ICO is over.

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AddressEstonia
Emailinfo@farm2kitchen.io
Phone+1 437-370-3134