ATFS PROJECT FAQ

ATFS LAB
5 min readNov 2, 2017

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Please read the following for all details and questions in regards to our ICO.

  1. When is the start of the ICO?
    ICO Start Date for ATFS is scheduled for January 10, 2018.
    ICO Crowdfunding period will last for 31 days.
  2. Where can I learn more about the ATFS Project?
    The best way to learn about the project would be to read the ATFS Whitepaper, the info on the official website, or ask us directly on:
    Facebook: https://www.facebook.com/atfslab/
    Twitter: https://twitter.com/atfslab
    BitcoinTalk: https://bitcointalk.org/index.php?topic=2612592
    Telegram: https://t.me/ATFS_ICO
    Steemit: https://steemit.com/@atfslab
    Medium: https://medium.com/@atfslab
    Reddit: https://www.reddit.com/user/ATFS_Lab
    Linkedin: https://www.linkedin.com/company/atfs

    NOTE: Do not take any wallet address from our SNS or fraudulent emails. Only the official website dashboard shows the authorized address. It’s your responsibility.
  3. How to invest?
    Participation of Tokens will be available on atfslab.io on the crowdfunding dashboard. During the ICO, you will be able to purchase ATFS Tokens (ATFS) using multiple payment methods.
    Please refer to the ICO guides of “Pinned Message” on the official teIegram chatroom here. https://t.me/ATFS_ICO
  4. What is the expected value of ATFS?
    The initial price of 1 ATFS Token is fixed at 0.0002 ETH during the ICO. The capital that has been placed into the project during the funding and media coverage through the development of the project, and dividend expectancies will be the main form factors for the ATFS exchange rate once it is listed at cryptocurrency exchanges after the ICO.
  5. What is the bonus for investors?
    The earlier you invest, the higher bonus you will receive on your investment:
    EARLY BIRD (Day 1 ~ 3) : 1 ETH = 7000 tokens ( +40% Bonus)
    STAGE 1 (Day 4 ~ 8) : 1 ETH = 6500 tokens ( +30% Bonus)
    STAGE 2 (Day 9 ~ 15) : 1 ETH = 6000 tokens ( +20% Bonus)
    STAGE 3 (Day 16 ~ 22) : 1 ETH = 5500 tokens ( +10% Bonus)
    STAGE 4 (Day 23 ~ 27) : 1 ETH = 5250 tokens ( +5% Bonus)
    STAGE 5 (Day 28 ~ 30) : 1 ETH = 5000 tokens ( + 0% Bonus)

    The bonus will be immediately added to the number of tokens you receive as a result of your investment. The total investment will be visible on your balance. We won’t be providing any bulk discounts. We have decided to use daily bonus for early investors.
  6. How can I make a wire transfer in USD or EUR?
    We don’t accept USD, EUR, or other fiat currencies.
  7. Will there be an additional issue of tokens?
    No. The total amount of tokens will be determined by the results of the ICO. There will be no additional ATFS Token issuance.
  8. How do I register an account?
    You will need to sign up for an account in order to participate in the ATFS crowdfunding. To register an account, please visit the official registration page here. https://www.atfslab.io/
  9. What’s the expected ROI?
    Due to the nature of the business and differences between the investment goals we can achieve, the ROI may vary. For now, you can take a look at our business model and estimated financial statements.
  10. Where and how to store ATFS Tokens and receive dividends?
    At the end of a financial year 20% of distributable profit of ATFS Lab., Limited is transferred to the Ethereum (ETH) wallet containing the Smart Contract. The ETH is then redistributed proportionately to all holders of ATFS Tokens (ATFS) according to smart contract conditions. In order to receive the dividends, ATFS has to be stored on an Ethereum wallet, which supports ERC20 compliant tokens, such as the wallet available in the dashboard on the atfslab.io website, MyEtherWallet or Mist, etc. It will be applied as above if KYC verification is confirmed.
  11. Where can I find the bounty program details?
    You can find a comprehensive ATFS bounty program guide in our blog post and BitcoinTalk ANN.
    Bounty ANN: https://bitcointalk.org/index.php?topic=2517530
  12. Do you accept cooperation proposals?
    Yes, we do. Please send your proposal to support@atfslab.io and we’ll make sure to reach out to you by the end of the ICO if there is an opportunity for cooperation.
  13. Is ATFS Token (ATFS) ERC20 compliant?
    Yes, ATFS Token (ATFS) is ERC20 compliant and as such can be stored on Ethereum wallets which support this protocol, such as the wallet offered on atfslab.io Dashboard, MyEtherWallet and Mist, etc.
  14. Where can I find the Smart Contract code?
    you can find it out on github site. https://github.com/ATFSLAB/ICO
  15. Are there any exceptions or jurisdictions to invest?
    Joining the investors board is open to all countries with some exceptions. These exceptions lay within the regulations that are present in some jurisdictions, like the US. We encourage our investors to be prudent with their decisions so not to make legal disputes.
  16. Can I buy tokens in fractions? (i.e 13.012579 ATFS)
    Each ATFS Token (ATFS) can be split down to 8 decimal points.
  17. How can I use the ATFS Tokens (ATFS) after the ICO?
    After the ICO, the token will be listed on cryptocurrency exchanges. Besides trading, each holder of ATFS Tokens will be granted with annual dividend payouts.
  18. Will my data be protected?
    Our website is scanned on a regular basis for security issues and known vulnerabilities in order to make your visit to our site as safe as possible. We use regular malware scanning. Your personal information is contained behind secured networks and is only accessible by a limited number of persons who have special access rights to such systems, and are required to keep the information confidential. In addition, all sensitive information you supply is encrypted via Secure Socket Layer (SSL) technology.
    We implement a variety of security measures for all types of data transactions to maintain the safety of users’ personal information. All transactions are processed through a gateway provider and are not processed or stored on our servers.
  19. Why can’t I see the account I have just created in the blockchain explorer (e.g., Etherchain, Etherscan)?
    Only active accounts are visible in a blockchain explorer. Once you have transferred some ETH into the account, it should be visible.
  20. Why can’t I see my ETH in the wallet?
    If you run into this issue, make sure you are synced with the network. You can also check your balance at a service like https://etherscan.io.
  21. If I send BTC, ETH and other altcoins to ATFS Token Crowdfunding from the exchange, what happens?
    Try to contact the exchange and ask them to transfer your tokens back, because they have them. Even though we tried to warn everyone in all our channels to send BTC, ETH and other altcoins from the wallets that we recommend. Some people still send ether from the exchange. Many people keep making this mistake and that means that many of them can lose their funds as the exchange make the transfers from another address than the user requested (not their BTC, ETH and other altcoins deposit address within the exchange). Though some people get help from the exchange, many times they won’t help and you lose your funds.
    Unfortunately, we can’t issue tokens to people who made this mistake, since tokens are issued automatically by the crowdfunding contract, and we have no control over this process once the contract is deployed. Total amount of tokens are proportionate to the amount of ether that the contract has received.
  22. In which country is ATFS Lab’ headquarter based?
    Headquarter of ATFS Lab., Limited is established in Cayman Islands, with operational and development offices located in Republic of Korea.

If you have any other questions, please feel free to email us!

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ATFS LAB

ATFS Project is the world’s first decentralized AgriTech & Food Science crowdfunding project built on Ethereum Blockchain and Smart Contracts.