Quote from: Peter78 on April 14, 2016, 08:34:46 AM

Quote from: LEOcoin Foundation on April 14, 2016, 06:32:42 AM

As a social enterprise, registered as a Community Interest Company, the LEOcoin Foundation is not allowed to make a profit

That is a great idea.

Quote

and must invest its resources in pursuing its objectives.

But how does/will the Foundation use its 10 million LeoCoins?

@Peter78,

we shall use our resources to pursue our objectives, like e.g. the development and infrastructure for LEOcoin, or like e.g. the contributions to this forum, in order to motivate people to participate in the LEOcoin project. Also the LEOcoin Foundation undertakes research, provides education and acts as an enabler for public participation and fosters the efficient cooperation between private and corporate stakeholders, governmental and non-governmental organisations, and commercial and non-commercial entities.

Examples of the last are e.g. the meetings with politicians and participation to blockchain and digital currency related summits and conferences or e.g. the creation of educational and or informational material in the form of brochures, white papers or lectures.

Not willing to spill our resources while the LEOcoin price was so low, we have put some projects on hold, while doing the things that needed to be done. Who wants to help, can support and join the LEOcoin Foundation as Senior Member, Standard Member or Supporter.