BTCArchitect, can you tell us about your plans for Moby and Kickstarter? How's that gonna work? Don't they need a prototype? Are you building one? Full size I mean.
Our next large update later on today will focus on that question and everything related. Nothing has changed from the original plan, we just took a giant leap forward.
BTCA, there are rumours I'm hearing of venture capitalists showing major interest in Moby and other Arch projects like blocktrust. Can you confirm or deny that you'll be receiving additional funding on top of the funding you've already announced? Whats the total?
I think for now that information is for CEO only, maybe BTCA can share a little info on this for general public. however, i personally think many venture capital or other investors with medium term funding goal should be interested in the whole idea of ARCH network.
The logical reason behind this, everything so far have been done in the most professional way possible;
- Company registered in EU country thus eligible for common law protection and others benefit of any Euro based business entity.
- 150k EUR company self fund as initial working capital.
- Product Prototype in building process by shipyard with clear and potential future market segmentation.
- Project manager and many staff come from clean reputable company and background.
- Direct and honest communication have been established among investors so far.