Quote from: prophetx on July 11, 2019, 10:33:24 PM

Quote from: mrbanjo on July 11, 2019, 07:08:39 PM

Quote from: prophetx on July 08, 2019, 02:11:08 PM

It would be good if the foundation were to release a high level financials. In particular how much cash it holds and how many dfinity tokens it holds which apparently are worth near $25/coin now (1000x Roi). I believe that the assets of the foundation are valued at many multiples of the current market cap.

Frankly Im surprised at the low level of transparency. If there were more transparency at least I could have a reasonable chance to sell my tokens closer to the book value so that I could move on from this finally.

It shouldnt be this hard with so much money in the bank for the foundation staff to do the right thing for all holders.

I agree that transparency in this project is zero. But friend dont agree that there is a lot of money in the fund. The team closed its physical office plus fired people from the team.
For me this is the biggest sign that a project has a big problem now.

I was on the team until february and this past winter in the chat I informed the community how much approximately the foundation had. You can go in the chat and ask yourself Im sure someone will dig it up.

So unless they took millions in cash and set it on fire the foundation should have loads and loads of money and probably way more than it had in the winter due to BTC and Eth rise.

Anyway it would be professional and good for salvaging their reputations for them to hire someone with communications skills and to get some transparency so holders of the coin are not left in the dark and spreading baseless rumors.

In this project, they will not save money by losing the community and the crypto exchange they have lost everything.
Price is not interesting to anyone. And another question is why most of the tokens are still in the bianance wallets?