You've been around since August 2020, as you claimed. No worth-mentioning achievement during past months? And, if there are no team, where does the fund collected on token offering goes to?
Good questions. The main contributor (myself) is a long time engineer and long time crypto enthusiast, but first time crypto-engineer. Spent much of the time studying other tokens (mostly Ampleforth and Antiample) and playing with different token dynamics. Then decided to launch on 2/21/21T21:21 as a tribute to Satoshi. Project was mostly completed late last year.
Funds goes to mostly to funding follow up projects (BOOP holders would get upgraded to new contract most likely, and we would tweak the token dynamics as we go). I put up my own $100k for initial liquidity (locked 3 months).
So to summarize, no achievement because although it's been alive for around 6 months, those early months were the idea concoction phase and the project itself was just started to be developed around two to three months ago? And funds goes to... you? To compensate your contribution of LP?
Built multiple versions and tweaked the contract over time. Was mostly in its final shape late last year, but continued to tweak it this year.
Yes - funds goes to me for past work, not future. When you accept funds for future work, you are at risk of being labeled a security. Therefore, the project is fully complete and there is no promise of future work, and thus cannot be classified as a security.
Now if I decide to roll those funds into future projects or marketing efforts, that would be totally my choice and not something that is promised or expected in any way (once again, that could make it viewed as a security).