Show Posts
As I understand, you're not raising money thru ICO. Is that right? But, how are you going to continue the development? I hope this will not be a pump and dump because of the billions of supply. Also, do you have at least initial communication with belgian government institutions about this?
We are not raising any capital, instead we use our own funds and of course won't refuse any support from others. This has been a kind of hobby project that got out of hand is receiving more help from all over the world. Thus it is has become more professional.
There are only 2 digits after the comma, so even though it sounds like billions is a lot, the number of atomic units is actually lower than most. It is an intentional choice to target a stable price where 50 BFR has the purchasing power of 1 beer. We are committed to prevent pump and dumps via many ways. Some will require our own funds, another is to prevent too early exchange listings, and finally to mainly distribute the coin in physical form via a physical airdrop. We will try to keep it stable at 50 BFR ~= 1 EUR, but time will tell.
Finally, we are meeting with several departments of the government and have good contacts. Cooperation is preferrable, but the genie is out of the bottle anyway. The people and the markets will decide.
Development had slowed down due to a series of unfortunate personal issues. But we are back on track, with more support than ever before.
with that supli is dead
