Quote from: langka1213 on August 16, 2018, 03:43:19 PM

Quote from: joliepearl06 on August 16, 2018, 10:08:03 AM

Quote from: Anghela on August 15, 2018, 03:32:39 PM

Quote from: chess888 on August 15, 2018, 03:12:35 PM

Quote from: QueenBit on August 15, 2018, 02:32:42 PM

Quote from: appraiser on August 15, 2018, 01:54:43 PM

Tell me, will you have some kind of reserve fund? If the project that conducted crowdfounding on ARIZN platform wants to take money in a fiat currency. For example, in dollars. Where will you get them? I think that the problem of the liquidity provider will be acute.

I believe that the token that will be provided will just become your proof of support for the project. Yes of course the project will need fiat money so they can spend it in real life. I think the process will be like this, A project proponent use ARIZN platform to source out funding for his project. People may contribute fiat money or crypto currencies, ARIZN will provide a smart contract for each funder and a token in exchange for their support. The token really has no value yet. Money or crypto currencies will go to the project owner's account. I think this will be the process on funding a project.

Its not an issue really. It is implied that the money raised will be based on fiat money and not crypto currency. I think those who want to contribute using crypto currency should translate it into a fiat currency first since the exchange rate for crypto currencies are not that stable.

I hope that someone from ARIZN can comment on similar questions to this one. Its not quite clearly stated but I agree that the fund that will be raised should be based on fiat denomination and not crypto currencies. US dollars for example. This will be more stable than basing it on cryptocurrencies.

Hmmm it's better for all of us to wait for Arizn to answer this important matter and to clear this question... The information from them will really help all supporters and investors of Arizn platform...

that's right, it is very nice if that question will be answer of Arizn team, but I think that the Arizn team have an solution in that kind of issue, hope they will share your answers to have the investors knowledge in this project.

This project shows a great potential, I just hope that the developers will be able to share any update on their progress. It is a bit reassuring when you see your developer participating in the discussion.