Hi, we're glad you asked this question. Cryptocurrencies technically do not fall under the definition of a security, as there is no issuer, nor company to back it. We are also currently awaiting New York's decision on Bitcoin, as that decision on how investments can be made with it is being determined right now.

We also plan to comply with transparency requirements by telling our investors exactly how much of each asset they are holding, as well as the series of transactions that has led to the number of each asset that they presently hold. As stated before, we are attempting to give our investors buying power in what we determine to be potential crypto-economies in the future. The type of asset that cryptocurrencies are is yet to exactly be determined, especially when certain cryptocurrencies attempt to function exactly as an equity, while others attempt to function as a currency, while yet others attempt to function as a commodity.

To say the least, cryptocurrencies, and all businesses based entirely in cryptocurrencies, remain in a legal grey-area. It is a risk we are willing to take however, as we trust cryptocurrencies to continue to gain more legitimacy throughout the future, and we also believe this risk should be understood by our investors and customers. It should also be understood that there is rarely risk without reward.

In addition, we have decided that Cryptedge LLC will be formed in the state of Delaware.