Holy moly, thats a large gamble.
why should this be a gamble? this project is running good and is not a scamtoken. if he cashes out later at 2-3$ he will earn big, when it hits the exchanges later on.
Yeah and if he cashes out at 0,1$ not so much. Noone knows what the price will be in the future, thats why i think its a large gamble to invest 1.2M$ in an yet unproven concept.
Yes it is a big risk, very risky but we don't know the size of his wallet but I have a feeling it is an institutional investors, but if the project becomes a winner it will surely bring a great returns to the investor