They probably already had the approval of some private investors and could estimate that it would be enough to ensure the project execution.
I'm also curious how much they've raised.
I was wondering if anyone knows if they already finished their private sale. Does anyone know? I couldn't find many information about their sale, like when it's going to end and how much they already raised. That's something that they should make clearer for everyone. Transparancy is the key!
It not clear to me if the sale on ethfinex is definitely over or there is still a chance to invest. They had multiple team members attending an event in London from 12 to 15th of December so maybe we will get some news after they settle back home.