The summary of todays news and statements
Regarding MinexPay cards
AML/CFT sections will be added to the website today
The first lot of cards will be sent out in September.
After you receive a card, theres a possibility of 1-2 weeks long lag before you will be able to use them. We are working so that it wont happen, but theres a slight chance it still might.
The card price is fixed. If the price of MNX grows to the point where the card price becomes not competitive, we are going to reconsider it.
The card issuer will be announced next week
Their are no additional fees for currency conversion. (Foreign exchange fee 0%)
Card deliveries are free and will be done worldwide, with only exceptions being Crimea Region of Ukraine, Cuba, Iran, North Korea and Syria.
General
Were still negotiating with HitBTC. If we dont reach consensus, we will consider delisting and listing on another exchange from top-10
There are currently 80+ people working on the project, 48 of them are coders.
We are not working on any listings right now, save for HitBTC one.
The information about the upcoming Instabuy buybacks will not be announced. We will make announcements about buybacks only post-factum. With proofs.
Instabuy buyback algorithms and general strategy will not be disclosed
All day price is falling and after this news price gains 6%. It shows that current market cap is so low, this project has much bigger potentional!
And about the AML.. I have passed KYC, now I have to pass again the verification progress?
Crypto market is green from few days and only Minexcoin keeps falling.
In bad market conditions we are holding strong and when bullish sentiment shows up for a while Minexcoin price starts to fall.
Is this algorithm not working anymore? Are you still using it? Is this adjusted constantly?
Please explain.