Second ILP and Our Plans Going ForwardDear blockhive community,
Thank you for joining our ILP. We sincerely appreciate your support. Our second Initial Loan Procurement has ended. We have raised 867,534 euros, comparing a hard cap at 6.75 million euros. Please see the link below for details:
https://blog.blockhive.ee/second-ilp-and-our-plans-going-forward-399750ff20c5Going forwardHere are our plans now that our public ILP is over:
First, we will spend more time speaking with some of the exchanges to get our tokens listed.
Two, while we were on the road, some accredited investors have shown interests in joining our ILP. Since ensuring the liquidity of Hive tokens is a priority for us and that is also behind the design of Future Loan Access Tokens, we would like to open up our ILP to accredited investors who can invest more than 100,000 euros in blockhive’s ILP.
We will make the remaining 5.8 million euros from our second ILP available for accredited investors. Due to the time needed for due diligence, some of these investments may take time to be realized. Therefore, we plan to conclude the activity by the end of the year.
Thank you for your support.
Best,
The blockhive team