facebookIf I invest $1,000 on CoAssets campaign which has 5% interest and 6 months tenture date, it means I will get $1,050 after the 6 months? And if campaign failed to secure the needed amount, can I get back the $1,000? - Seedly

Anonymous

07 Jun 2019

βˆ™

General Investing

If I invest $1,000 on CoAssets campaign which has 5% interest and 6 months tenture date, it means I will get $1,050 after the 6 months? And if campaign failed to secure the needed amount, can I get back the $1,000?

I have been looking at CoAssets but trying to get my head around, default rates etc. Eg. If I have invested $1,000 on its campaign when the interest is 5%, and the tenture date is 6 months, can I assume that I will be getting $1,050 after the tenture date? Also should the campaign fails to secure the needed amount, can I safely presume that I will not be able to get back the 1k that has been invested?

Discussion (7)

What are your thoughts?

Learn how to style your text

If you're on the lookout for exclusive promo codes to save on academic writing services, NoCramming has got you covered. I recently stumbled upon exclusive promo codes for https://nocramming.com/writepaper-promo-code , all thanks to commitment to providing valuable information about academic assistance services.NoCramming is your one-stop destination for discovering promo codes like these, helping you access great savings while still receiving high-quality papers.

Ernest Yeam Wee Leong

07 Jun 2019

Content Creator at www.youtube.com/c/JustBeingErnest

Based on the scenarios that you mentioned above, i will be able to answer you since i have invested via coassets before and faced the same situations as you.

1) if there is a project which you funded but eventually the project is not fully funded, you will receive a refund for it back into your coassets account. you can decide if you want to withdraw or leave it there for other investment projects.

2) regarding the rates, it will be best to clarify with the coassets staff directly. The project details will indicate specifically the amount you will receive based on what you invested.

Attached is my transaction history in coassets for reference

View 3 replies

Getty Goh

22 Apr 2019

Co-Founder & Exec Chairman at Coassets Ltd

Hey Anon,

Getty here, I’m the CEO of CoAssets. Great question!!πŸ‘πŸ‘

  1. We will typically add β€œp....

Write your thoughts