Q4 2019:
Foundation launch. We register Commonwealth Foundation Ltd. in Singapore as the issuing entity for COMM.
please tell me at the moment the team has already received registration as a legal entity ? was there any problem with that ?
Yes, it’s Commonwealth Foundation Ltd., a nonprofit CLG established in Singapore. Took slightly longer to register as the name has another common meaning.
Why Crypto Commonwealth is different from many other speculative assets without any real value?
We have a professional team and the founder has a strong background in the stock market. We invest foundation assets in diversified ways for good returns. Meanwhile we will publish high quality articles, and designed rich tokenomics for both fund and publisher operations. Please refer to
https://cryptosmartbeta.com/team/ and
https://cryptosmartbeta.com/faq/ for more details. The front page has a blueprint and pitch deck for a quick overview. Some tokenomics numbers will be updated soon.
You have USDC core developer in your team, does it mean the price of COMM will be stable as well?
COMM isn’t a stablecoin. It follows Metcalfe’s law: the effect of a telecommunication network is proportional to the square of the number of connected users of the system (n^2), see
https://en.m.wikipedia.org/wiki/Metcalfe%27s_lawThe developer prepared the code for us and brought it to an auditable quality. We passed CertiK’s audit, which is to be announced shortly.
Do you have your own investment portfolio or you only gives analytics for investors?
We have our own investment portfolios.