14 587 ETH raised
from 793 backers so far ($4 551 576)
Im afraid to ask this question, but what are backers?
it's not bad, hopefully it will be enough. All ICO's are going thru a rough patch due to the fork.
Backers are investors "backing" up the project. Often the term is used in "staking". the backer provides liquidity for the project. The project works their best to turn a profit. The backer gets part of that profit.
Thank you for your explanation. I was wondering why they were called backers and not just participants or investors. This makes sense though
Maybe the term investor is unacceptable because PlayKey doesn't share their income with the token holders.