I haven't been online over the last 2 weeks. Can anyone sum up quickly the news about MinedBlock for me? Did they manage to reach their softcap yet?
Welcome back. I just heard that they have reduced their softcap which is quite interesting. But I could not understand the rationale behind this change in the last minute.
Refer to the update at the bottom of page 58,
But in short the reason for the halving of the softcap...
- We can become operational on this softcap and create an operation farm before seeking further investment
- We make ouselves more attractive as it's less risk for an investor to help us get started
This is a noce move from your end. I guess starting with even the little fund you acquired is better than giving up on the whole idea.