Quote from: CashPokerPro on December 09, 2020, 06:40:55 AM

The hard cap on the resale is 400 eth. It is about 220k usd.
We already prepaid all documents fro the crypto license in Estonia. We just need about 30-35k usd to get it.
That is how we calculated 15% of the raised funds.

Quote from: BigBoy89 on December 08, 2020, 11:59:09 PM

Quote from: Miiike on December 08, 2020, 08:20:35 PM

You allocate 15% of the first round for "cryptocurrency license" what kind of license is this? I just learned today that crypto meeds a license, let alone any entity that has authority to issue such issue.

They need a licence if they want to carry any fiat operations.

I'm curious too from which juristiction do you plan to get it? And how did you calculate the exact 15% cost?

As I guessed. The Estonian licences for crypto/online banking are much like the Curacao licences for gambling. Legally it's okay, but nobody trusts them for real

Look luck with the UK licence. It's much more trustworthy and appreciated.