16mln...It would be enough? How are funds allocated?
Considering what happened with ETH since the ICO beginning date, It is very probable that the fund should have doubled at least.
hmm, but what's the exact sum?
Kay recently did an interview with Crypto Rich and 2 of the partners for Caviar and said that they have diversified the funds that they hold but something like 75% is in Eth. As the price of eth has jumped like 3-4x since their ICO I would think that they are definitely sitting on enough to do everything that they were hoping to do if they hit the hard cap of their ICO. I'm interested in whether or not that will mean a bigger than intended special dividend payout at the end of their first operational year due to the increase in the value of the pool due to the large gains in Eth.