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Etass7-

They are all investors aren’t they?

#cryptocurrency #dex #english #orchid
0

3 ответов

36 просмотров
Rohit-

Yes they are investors and partner

0
04.01.2022
Etass7- Автор вопроса

But admin said oxt is not for investors but usage. What that mean.

0
04.01.2022
Justin-
Etass7
But admin said oxt is not for investors but usage....

During the development of the Orchid network, before OXT was ever minted, a "promise of future tokens" was sold to _accredited_ investors via a SAFT. Due to SEC regulations, we have made a subtle but important distinction such that these "promise of future tokens" were handled as if they were securities, with the SAFT participants as investors, with all that entails. However the only thing that can be acquired today, that is actual minted OXT, is a utility token, not an investment vehicle (As I am not the CFO or a securities expert, please take this as a layman's explanation rather than an official statement)

0
04.01.2022

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