1) The website is coming in just a few hours. It looks great so far, and we think everyone will be pleased with it. It's nothing spectacular, so we don't want people speculating upon some big surprise with it. It contains a brief overview of the Belacam project, the Bellachess project, some statistics about Belacoin, some short information about the Board of Advisors, a contact form, and a little more. The thing that is great about this website though is that Belacoin has not had a website for the past few months/year. Without a website in the past, it has shown growth over time. Once we have a website up for Belacoin later today, interested people will have a place to go to get more information about Belacoin. This should help maintain the positive growth trend that Belacoin has seen over the past year, especially the past week.

2) We are not Russian. We live and work in the United States. Please reference our posting times for bitcointalk posts, slack posts (for those in it—email us to get an invite), and twitter posts. You will find that we are always active during the normal bounds of a day here in the United States. If we lived in Russia, this would mean that a heavy share of our activity would be performed between 12am and 7am. Regardless, ethnicity should always be a non-issue. Judge us on our work instead. Judge Belacoin on the website, the established Bellachess app, and the upcoming Belacam app.

3) weilichesbin was banned from our slack for cussing at other members, posting a pornographic link, asking for money, and making racist ramblings. Take that into account when deciding how much merit to give his accusations.

4) Skepticism at such an early stage is more than expected! With the release of the website later today, we hope people will understand that we have been performing the developments that we say we are. When each retweeter receives $1 worth of Belacoin on Sunday, we hope people will less question our dedication to funding this project. Belacam is still in progress, so we are unable to release previews into that. As soon as we can, we will begin releasing screenshots of the app.

5) Our financial incentive here comes from the opportunity to build Belacam up to the level of an acquisition. Steem, which follows a similar business model as Belacam, reached a peak market cap of $412 million. We believe that we can build Belacam and Belacoin up greatly, and our large exit would come from selling Belacam to some larger corporation: Google, Facebook, Twitter, or another. If we perform any indecent work through the course of this project—scamming or other illicit actions—our opportunity to go through an acquisition goes out the door. We will maintain integrity while working with Belacoin and Belacam. This also sets the stage for future investments. If we act in a way that causes the cryptocurrency community to lose trust in The Ambia Fund, we will be unable to secure partnerships and strategic investments in other parts of the industry.

We have a major financial incentive to act with integrity.

As soon as new wallets are released and PRESSTAB finishing the work for us i will be distributing the bagbnuses..I haven't forgotten it's just I need all info up to date.   

On July 20th, Steem reached a peak market cap of $412 million. This represents the maximum valuation that Steem has achieved in the past. Using their peak market cap for our analysis helps us better predict Belacoin's peak market cap.

Thanks for adding Belacoin to Sky Pool! It's always great to have another place to direct Belacoin miners.

It's likely that the price increase is related to the work that we've been doing for Belacoin. We believe that if we put our heads down and work hard, the price is bound to follow. Although it should be noted that our primary focus will be more on Belacam rather than Belacoin. Currently, we are doing our best to source a lead developer, someone with even more experience and insight, to lead the Belacoin project. Prices could be rising based on positive future expectations about what a strong lead developer could mean for the Belacoin project. Under the right leadership alone, there's no reason that Belacoin couldn't grow from a $300,000 market cap to a $10,000,000 market cap, representing a 33x increase in the price.

When the price pull from Belacam is fully realized, we expect that the price of Belacoin will rise and fall in relation to the hype that surrounds Belacam. It's no secret that our goal for Belacam is an eventual acquisition by some larger player, and such an event would likely bring massive attention to the Belacoin project as well. When the success of Belacam is factored in with the work of a strong lead developer, Belacoin could start attracting other social media projects to grow on top of its blockchain and could start competing with the top 10 alt coin projects.

Belacoin has grown 70% over the past week, seeing positive growth in 7/8 past days. We have yet to even release the full details of the Belacam project. This Sunday, we will be sharing full details of Belacam to the public.

We have outlined a few predictions as to the potential market cap that Belacoin can reach, but these financial models have not been shared publicly yet. They have been shared with @AndroidCryptoGames and @TwoTurtles when explaining our goals for the project.

The predictions have also been shared with The Ambia Fund partners—others who are looking to invest in the Belacoin project. We will be sharing our financial projections and models once we begin to promote our Belacam project.

Meanwhile, we have strong confidence in the project and have given a blank check in funding to the programmers of Belacam. They have reported using it to purchase hosting, construct the back-end of the Belacam social site, travel to meet and work together, taken advantage of a University's research resources, and chow down on great pizza.

Regarding the Name Change

Bellacoin.com is under control of @TwoTurtes, an ex-developer on this project. Since he still uses the Bellacoin.com domain for emails, he is unwilling to pass the domain over to us or use it for the Belacoin project. That is entirely acceptable and understandable. We decided we could get around this by purchasing either Bella-coin.com or changing the name to Belacoin.

Moreover, our main project that will utilize the Belacoin blockchain goes by the name Belacam. After researching the market, we anticipate the potential to acquire 20,000-100,000 users, bringing a massive influx of users to the Belacoin project. To help these users transition between Belacam and Belacoin, our analyst team agreed that a name change from Bellacoin to Belacoin would be in the best interest of everyone.

We recognize that a name change isn't wholly desirable to everyone, but in the end, it will decrease the barriers to entry for new investors, meaning this name change should help increase the price of Belacoin. This is a positive thing for current investors in Belacoin.

@androidcryptogames, we have responded to your message and would love to further discuss funding for BELA and sourcing other resources that may be of use to the team. We will be handling the design updates, promo website development, and sourcing other team members for positions within the Bela project.

We are looking into seeing if we can allocate funds towards hiring part-time paid workers for the Bela project. Please respond when you have the chance.

All the best.