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jtran7690

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Quote from: RickyCardero on March 02, 2018, 08:11:58 AM

i agree with people. so many question about team and where they established company.
this confuses me, and can confuse another investment.

I didn't want to list how our company was structured due to the nature of confusion like you stated. But, since people asked I'll make it clear:

Bitnam was formed in Silicon Valley, California and 100% of our Dev team is from the United States.
Due to laws of operating a lottery and exchange adhering in the USA and some parts of the world, we had to form entities offshore where those services aren't barred. With that in place, we are able to operate our services worldwide.

RickyCardero

full member

Activity: 358

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i agree with people. so many question about team and where they established company.
this confuses me, and can confuse another investment.

jtran7690

copper member

Activity: 32

Merit: 0

Quote from: lukikato on March 02, 2018, 02:58:13 AM

Quote from: jtran7690 on March 02, 2018, 01:46:26 AM

Quote from: Mi chael on March 02, 2018, 01:32:23 AM

dev team is vietnamese, i found the law prohibits ico

To get your facts straights, I've consulted with lawyers and government officials in Vietnam, there are currently no laws regarding going ICO in Vietnam (and we aren't - we're going ICO worldwide). Half of our products and services are just based in Vietnam. Our company is formed in the United States and we have multiple subsidiaries formed offshore for the lottery and exchange. The dev team is from Silicon Valley and Texas (I will list all key dev team members soon). Most of our Vietnam counterparts are related to remittance (yes we are working with the local government and banks) and mining hardware production.

you say half of our products and services are based only in Vietnam. Our company is formed in USA and we have many subsidiaries established abroad for lottery and exchange.
In which country are your subsidiaries established?

Belize - Lottery and BNEX exchange.
Vietnam - Remittance company

lukikato

full member

Activity: 346

Merit: 100

Quote from: jtran7690 on March 02, 2018, 01:46:26 AM

Quote from: Mi chael on March 02, 2018, 01:32:23 AM

dev team is vietnamese, i found the law prohibits ico

To get your facts straights, I've consulted with lawyers and government officials in Vietnam, there are currently no laws regarding going ICO in Vietnam (and we aren't - we're going ICO worldwide). Half of our products and services are just based in Vietnam. Our company is formed in the United States and we have multiple subsidiaries formed offshore for the lottery and exchange. The dev team is from Silicon Valley and Texas (I will list all key dev team members soon). Most of our Vietnam counterparts are related to remittance (yes we are working with the local government and banks) and mining hardware production.

you say half of our products and services are based only in Vietnam. Our company is formed in USA and we have many subsidiaries established abroad for lottery and exchange.
In which country are your subsidiaries established?

jtran7690

copper member

Activity: 32

Merit: 0

Quote from: kimjenglot on March 02, 2018, 01:29:32 AM

by starting in a developing country like Vietnam, with a densely populated population, this will be a good start

I agree. Our vision is the make it easier for third world countries to adopt cryptocurrency. With our cash to crypto exchange and remittance platform, we give the people access to tools that are currently non-existent.

jtran7690

copper member

Activity: 32

Merit: 0

Quote from: Mi chael on March 02, 2018, 01:32:23 AM

dev team is vietnamese, i found the law prohibits ico

To get your facts straights, I've consulted with lawyers and government officials in Vietnam, there are currently no laws regarding going ICO in Vietnam (and we aren't - we're going ICO worldwide). Half of our products and services are just based in Vietnam. Our company is formed in the United States and we have multiple subsidiaries formed offshore for the lottery and exchange. The dev team is from Silicon Valley and Texas (I will list all key dev team members soon). Most of our Vietnam counterparts are related to remittance (yes we are working with the local government and banks) and mining hardware production.

bangdex

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waiting for Bounty....
Reserved for Indonesia Transalator

Mi chael

member

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dev team is vietnamese, i found the law prohibits ico

kimjenglot

member

Activity: 364

Merit: 10

by starting in a developing country like Vietnam, with a densely populated population, this will be a good start

lasencja

newbie

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Bounty soon i am waiting.

jtran7690

copper member

Activity: 32

Merit: 0

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