Quote from: tippytoes on January 25, 2020, 09:39:29 AM

Since PewDiePie is out of youtube, has there been any change of plans on this project? I have seen that your website is still up. And by the way, does Pew know already the existence of your token?

Hi,

He's not really "out" of Youtube. He just needs more time to produce quality content and is slowly moving away from simple joke videos to something more meaningful. He has mentioned it a couple of times in his videos that he feels like he has more to give to the world than he is currently giving. And that having to constantly produce meme content every single day has made him feel trapped.

There have been no big plans or changes in relation to PewDiePie taking a break from Youtube, however we are working on a staking platform and turning the PEW token a staking token which earns you 6% PEW per year if you lock it in a smart contract (work in progress).

We plan to do one more final airdrop right around the 2nd birthday of BrofistCoin (19th of Feb). In total we estimate to airdrop an additional 100,000 PEW. Addresses that qualify are the ones who had at least 0.01 ETH in their balance during block 9000000. You can check if your address qualifies here: https://etherscan.io/balancecheck-tool

There will be an official registration form as we plan to eliminate as many bots and doubles as possible. The airdrop is done to help kickstart the staking platform which will be ready end of Q1 or early Q2. The 6% staking rewards will be paid out from PEW tokens that we plan on buying back from decentralized exchanges at market price. This is done to provide healthy liquidity to the PEW token and help it grow.

We have no idea if this will be a success or not, but that's part of why we're doing it. To find out! Hopefully the meme coin BrofistCoin can hop along for the DeFi ride

And finally, while I personally believe Felix does in fact hodl BrofistCoin, I have no way to prove it. We know that he's involved in stocks and that he has mentioned Bitcoin occasionally. He's livestreaming on DLive which is a decentralized platform so he's definitely not new to the crypto space.

One of the biggest reasons why he hasn't officially declared support towards BrofistCoin is likely the following (quoting my own Medium article):

Quote

I have just recently learned, from a reputable source, that if youre a public figure and you endorse any kind of cryptocurrency that is worth something, you will immediately be held liable and be, in some cases, forced to disclose any profits you have made to the SEC (or other financial regulatory authority in your jurisdiction) regardless of whether you actually own any of that crypto to begin with.

So the obvious question is what does count as endorsing a cryptocurrency in the eyes of the law? Well, since the legal landscape around crypto is super blurry and weird, almost anything can be potentially viewed as endorsement if you have a good lawyer to back your claims. Which the SEC most definitely has. Which can make even an innocent act of mentioning the coins name in public a form of endorsement in the eyes of the law.
Basically what all this means is that its simply not worth the effort it takes to hire a lawyer and figure out the best possible approach to being involved with the BrofistCoin project.

This may or may not change in the future, but since BrofistCoin is more of a hobby project that we use in order to learn more about Blockchain development, I don't really see PewDiePie's involvement as a necessity for the project's success. It would definitely help, but it is what it is.

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