I can't complain about the team's Techy part to be honest.
I use an old chrome version & the team's picture contain no LinkedIn profile links, i used an updated version & problem solved .
I'll keep digging about their experience & background, but generally speaking it's great so far.
Good luck guys, waiting for more infos about the sale & the project itself.
My main question will be as this:
Do you guys have already an " electronic money institution license " or you'll be looking for one after the ICO, if that's the case what's that potential Debit Card partner (Visa or MasterCard).
We do already have. We work under an EMI agent license.
Could you please give me the link for that to look into it, i also can't find the white Paper or even 1 pager that helps explain such stuff in short details. (i hope you guys consider doing that).
Waiting your reply man
Sorry for the delay.
Our company registration number is on the website, the company is valid and can be found on the luxembourg register of commerce.
We have the contractual structure like Bitwala has with Solaris Bank. We cannot disclose more details at this time because of contractual restrictions.
A company cannot issue an European IBAN and current accounts without having a license and whithout passing an audit to be register at the autorities as an agent. (all agents are registered with the authorities like for instance FCA - UK, Bafin in DE, or CSFF in LU)
About the whitepaper we will issue a paper which will respect the structure of a prospectus which is used in securities. Such a paper will be issued before any STO will take palce.
A prospectus is a type of documentation that is required by securities regulation. In some cases (exceptions) where the risk is low the prospectus does not have to be registered with the authorities but is part of best practice to publish one to inform the potential investors about the project, the company and the risks.
I hope you guys make that information public soon, before the ICO, because this legal justification(s) about that you can't disclose such info because of the RULES OF THE PARTNERSHIP...happened before with other projects & said the same things & then didn't deliver.
I hope you don't take it like i question your integrity guys, this is crypto & even Face / video reveal isn't enough nowadays to make an ICO, especially with this bearish market already.
I understand your concern and I would think the same way if I were you. Trust takes time and takes tangible results. However, we are not going to start any STO (security token offering) Before we put the beta version into the hands of the beta subscribers. At that point will not be a question of the license because you'll have a functional IBAN in your Morfin App. (which we cannot issue without a license). For not we don't expect any other commitment from the community except for supporting our BETA program, which is the validation from the community that efforts to release the BETA are not useless.
I hope the BETA test remove any kin of doubt like you just said, bookmarked already & joined the Telegram since first days for future updates & news.
Good luck.
And one more hint, even if we are not allowed by the contract to put at "partners" section the name of the mother EMI, still you will be able to see it on the terms and conditions of the app because there it must be. I know most of the people do not read that but if you are curious you can read it and find out the name. This updated terms and conditions will show up when you download and use the app, not on our current website.
Now all i can say is waiting for the news