Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] Crypterra - How about island for mining?
by
BonTonPlease
on 16/03/2018, 11:13:30 UTC
For the way you described it seems like you do not depend on any government nor are regulated by one. This is not real as you do not own and gobern your islands and are subject of any state regulations that may arise, how can you make sure the government will not alter the project timeline and what guarantee you can give to your investors?
Good day.

Yes, you are right to maintain complete autonomy is aт utopia and we do not claim that it is possible.
But at the moment we are negotiating with lawyers from three different countries.
These countries are either very loyal to the mining as such or are directly interested in investing in crypto-economics.
The bottom line is that we plan to start from one island to develop it into the network. And then we will not depend on the legislation of one country.
Thank you for your questions.

If you are negotiating with lawyers from different countries, shouldn't the goal be to sign a long-term contract with them to have certainty for your investors and for yourself?
For sure. we are going to work with them on a long term contracts

Will be interesting to see what the outcomes of those negotiations might look like. Ultimately your success as a project depends on those contracts.