Some rumours are being spread all over the forums about RED being activated as a franchize in Singapore. Is this info solid or we are just speculating ? They managed to get a hard cap,i tend to believe it's solid, looking for more opinions
Every token holder can get a franchise if they have at least 10k tokens. Look it up on their site!
For 10k tokens you can get a franchise in your city. This is a type B franchise, the one that RED will take care of most of the investments needed
Sure it makes to eligible for a franchise but you still need the capital to:
A) Start the franchise
b) Comply with local, state, federal regulations
c) Comply with local tax
Essentially the 10k tokens just gives you the option of becoming a franchise, I don't think there would be many countries where this would take place, especially in heavily regulated countries.