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RE: Let's talk about SEED 'value-acruing' model.

in LeoFinance3 years ago (edited)

Your 'investors' are not governments, so it is not the government I am worried about. To the investors HBD does have value, we try to peg it to $1. Hive as a project decides its value.

The rub is that you 'asked' for investments, and you can't, legally.

You can ask for money to an individual, privately, but you can't to a group publicly. Trouble is blockchain keeps a record of this and I am telling you, you can be in trouble for this. Not today, not tomorrow, but maybe someday. And for what? Is it worth it?

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I thought you were worried about the government intervention (something which I highly doubt and especially at this early stage).

Technically I never 'asked' for investments to anyone, I listed a token at Hive-Engine and people decided (freely) to exchange it for HBD (which we accept as something valuable).

No contract was signed regarding anything. Everyone agreed that everything could be lost as there's an inherent risk (as with everything).

And for what? Is it worth it?

That's good food for thought, but (at the moment) I think it's worth the effort.

Thanks again for your input.

I decided very freely to invest