Post
Topic
Board Tokens (Altcoins)
Re: [Pre-ICO] [SATOSHI BREWERY] - Craft Brewery [THE FIRST BREWING TOKEN]
by
S Brewery
on 01/11/2017, 20:57:29 UTC
Far fetched idea to say the least..

Devs, why do we need a brewing company on the blockchain?
In what way does that benefit over traditional means that work perfectly fine and have done so for ages.

Do not misunderstand us. We answered your question literally at 2 posts above.

Quote
In Russia to get a Bank loan, very difficult. Banks put stringent requirements on the borrower. The interest rate is more than 20%. Also you will need a valid business or guarantor with a good financial position. Necessarily need collateral. Its value should be 2 times more than the loan amount.
As for private investors. The involvement of large investors is associated with greater risks for the team. Russia's large investors want at least 75% of the shares of the company in which to invest. This means that at some point, the founders of the project will simply lose business.
Because of these complexities and the desire to be independent, we decided to attract private investment on ICO.

This question we also revealed in more detail in our blog. Link

Sincerely, team “Satoshi Brewery”