Guys, I have been following this project since sometime, its a project carried out by a company based in the Switzerland. Recently they announced that there will be no public sale and instead offering a 35 Million swiss frank Airdrop! From what i read and know this is like the biggest airdrop ever to take place.
My question is, if they have sold tokens to institutional investors wont they have a problem in the team offering such a big airdrop to the general public?
Does anyone know anything about this project? Can someone explain to me why they chose to move this way? Airdrops are understandable but one as big as this? Any views. Thank you.
They had a really silly valuation for their ICO and then their lawyers probably told them they will get rekt by security laws.
So they are air dropping a portion of the tokens to the plebs.
Whatever they're giving to noobs is negligeable from what I understand.
