Post
Topic
Board Gambling
Re: 🎲BetFury.io|⚡️Free BTC+BNB|⚡️$3.5mln Staking pool|⚡️New coins every week
by
o48o
on 25/05/2021, 09:41:00 UTC

Whatever cards they have up their sleeves, the point is not to make speculative statements publicly like what they did. It creates hype and could pump the token prematurely. You know what happens next. They can talk about token burns and future listings but not about price related topics.


I am not sure who gave you that excuse, but real reason that teams shouldn't do speculative statements or talk about the price at all is because their tokens can be considered to be unregistered securities by officials like SEC if they do that. Also that would mean mandatory KYC for every token holder. Utility tokens have way less regulation hassle and most of the crypto projects want to stay on that field.

But imho BFG itself wouldn't fall under securities even if it pays dividends, because it isn't sold, it's mined, and it's not like you get dividends to your pseudonymous wallet, you get them only if you stake them inside the site. And naturally Betfury can freeze any account if officials see suspicious activity on their blockchain analysis.

Betfury might have more regulatory compliance than i first thought.