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RE: True Flip successfully finishes crowdsale with over 2000 BTC raised
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True Flip successfully finishes crowdsale with over 2000 BTC raised
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answer by Trueflip:
@coincravings
@atulesh-jha
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Currently they have no exact schedule to offer. We can just wait and ask from time to time. A good sign is that Trueflip is constantly communicating in the channel but without a straight answer.
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I suppose they are just playing it safe after all.
They've already had a successful "Token Sale", so now is a great time to make sure there won't be any external unforeseen legal consequences that might very well hamper the operation down the road.
Of course, moves such as this have the potential to cause uncertainty and uproar amongst the investors, but overall, that is the lesser evil when compared to potential legal pitfalls that might be encountered.
I'd guess that what we have going on here is quite similar to the way the Japanese are handling their Pachinko parlor reward logistics. Convoluted and strange, but ultimately perfectly legal within Japanese borders.
This is after all what they are paying their legal advisors for.
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i'll go to slack and try to achieve some clarification. The big change in the whitepaper (s. above) was alarming for me, thanks to @coincravings who brought it to my attention. My decision to invest in Trueflip was in part because of the clearly described dividend which is now replaced with a participation in the token holder lottery. That's a entirely different situation now. Maybe i don't got it but clarification is necessary now.
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Here's some answers to questions:
https://bitcointalk.org/index.php?topic=1928663.1340
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