Hmmm, so they are doing another ICO? Why?
I'm perplexed also. How much of ICONOMI is going to be spun off? Does this lessen the value of ICN? Hopefully we will be given a detailed explanation soon.
Its the Cofound.it project that is being revealed and combined with Cashila know-how into a new entity. Zero developers. Daniel, who will still work on evaluations that ICONOMI has access to. And me, Jan. We have built the rest of the team independently.
We believe that this provides additional value to ICONOMI and ICONOMI shareholders.