So, @brandonlovejoy, where is 20 000 000 EOS that you’ve

Question

EOS

Sholi | ℏ

So, @brandonlovejoy, where is 20 000 000 EOS that you’ve

sent to Kraken exchange (as the ENF)? Maybe I didn’t see new info about it

#blockchain #cryptocurrency #english #eos

0

17.07.2023

3 ответов

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Sholi | ℏ Автор вопроса

rekt
If you hadn’t noticed, ENF always does distributio...

Where was info that Yves will tell us where this 20mln EOS goes. Currently we still don’t have this info

0

17.07.2023

Lovejoy Lovejoy

Sholi | ℏ
Where was info that Yves will tell us where this 2...

Summary of Fund Creation, Token Transfer, and ENV Investment Activities "Next addressing the recent transfer of approximately 22.7 million tokens that signaled the creation of Fund I, it was explained that the tokens were transferred to an exchange account on Kraken which serves as the corporate exchange account for the ENV. Kraken was chosen as an exchange due to previous closures of Bitfinex and Binance accounts in Canada. Acknowledging concerns raised about the large transfer of tokens in one go, it was stated that minimizing visible transactional movements aligns with the legal advice that has been received. The objective is to distance EOS from potential security classification. However, significant oversight remains in place, as the Cayman Islands jurisdiction was deliberately selected for the ENV to fulfill mandatory yearly audits, providing an additional layer of accountability. Yves spoke to the importance of balancing transparency and protecting EOS from financial decision-making based on transaction information. Although specific transactions cannot be shared, the ENV is committed to reporting on investments made while oversight is also provided by the group of seven block producers (BPs) and a quarterly report will be provided to BPs on the basis of confidentiality. The completion of entity incorporation and ongoing review of subscription documents was announced. The ENV has reached agreements with projects for investments in the primary market component of ecosystem development. While specific details will be shared in upcoming press releases, there was news of a significant investment that took several months of negotiation. The identity of the project was withheld to maintain confidentiality until marketing efforts can be initiated. Furthermore, it was revealed that the ENV is actively pursuing strategic partnerships with other funds and venture capitalists (VCs). Two partnerships with different VCs have been established, and further information will be announced in the coming weeks. Despite the market’s current downturn, the ENV is poised to make its initial investments and continues to evaluate DEX platforms and projects through negotiation. Yves assured attendees of his commitment to negotiating diligently for the benefit of all token holders and expressed excitement about the agreed-upon terms with the four projects under consideration." https://eosnetwork.com/blog/june-eos-bp-meeting-recap/

0

17.07.2023

rekt · Accepted Answer

rekt

If you hadn’t noticed, ENF always does distribution via an exchange.

0

17.07.2023

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So, @brandonlovejoy, where is 20 000 000 EOS that you’ve

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