Re: [ANN] ⚫️ BLOCKPOOL - Real World B2B Blockchain Solutions ⚫️
Hi carbon,
Here is the legal opinion we received regarding your question.
https://blockpool.io/docs/Crossley%20&%20Davis%20Legal%20Advice%20Regarding%20Blockpool%20Project.pdf
Your legal experts must be ignorant of U.S. Securities & Exchange law or simply incompetent.
A screenshot from the legal document you shared:
They confirm that BPL offers a 5% pre-tax net profit share to investors, and then go on to say that it does not constitute a security? Just...wow. Blockpool is receiving legal opinion on U.S. Securities law from a U.K. firm who can't spell "SEC" correctly. Nice.
A screenshot from the legal document you shared:
They confirm that BPL offers a 5% pre-tax net profit share to investors, and then go on to say that it does not constitute a security? Just...wow. Blockpool is receiving legal opinion on U.S. Securities law from a U.K. firm who can't spell "SEC" correctly. Nice.
I think the 5% is probably the current delegates are earn for their holding or poll voted for them right now, or simply the mining percentage. It would probably really hard and so much work to manually send 5% net profit to all BPL holders, this should be remove or need to re-word.