Unfortunately there are a lot of signs suggesting
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Posted On: 09/25/2019 12:19:05 PM
Unfortunately there are a lot of signs suggesting that the BSafe Tokens are not selling well. First, at the initial offering at .25, they kept extending the deadline and making the deal more attractive. Later, they added equity to the offering at .50. Recently they have extended the deadline, holding the price at .50. And they have as far as I know, not disclosed the amount of money raised.
So, I think the bad news is that the token offering has not raised nearly as much money as hoped. The possible silver lining is that (from my point of view) they really didn't need all those millions. It's nice to have a fat treasury, but the REAL need is for sales of the software rather than the tokens.
But I hope I'm wrong on this, or that I've missed something.
Erie
So, I think the bad news is that the token offering has not raised nearly as much money as hoped. The possible silver lining is that (from my point of view) they really didn't need all those millions. It's nice to have a fat treasury, but the REAL need is for sales of the software rather than the tokens.
But I hope I'm wrong on this, or that I've missed something.
Erie
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